Lockton Appoints Stéphane Lespérance as CEO of Canadian Branch to Enhance Client-Focused Services

Lockton Expands Canadian Operations with New Leadership

Lockton, the world’s largest privately held independent insurance brokerage, has announced the strategic appointment of Stéphane Lespérance as the CEO of its new Canadian branch. This significant move reflects Lockton's commitment to enhancing client-centric advisory services to local businesses in Canada's dynamic market.

Stéphane Lespérance, widely recognized as a prominent figure in the Canadian insurance sector, brings with him nearly three decades of experience in risk management and insurance program development. Prior to joining Lockton, he spent 24 years at Aon Canada, where he held several senior management positions, including President since 2019 and President and CEO since 2025. His proven track record of improving client service quality through the implementation of comprehensive risk management strategies makes him an ideal candidate for driving Lockton's Canadian offerings forward.

As Canada ranks as one of the world’s top ten insurance markets with a sophisticated and globally interconnected economy, companies are faced with increasingly complex and interconnected risks. This is where Stéphane’s leadership will play a crucial role. According to Ron Lockton, Chairman and CEO of Lockton, the company has repeatedly heard from Canadian clients about the necessity for deeper specialization and a genuinely client-focused advisory model.

Lockton’s unique independent structure allows it to effectively meet these needs. “Stéphane's appointment speaks volumes about the strength and appeal of our private company model,” Ron stated, “He brings the experience, credibility, and strategic vision necessary to deliver top-tier consulting services to clients across Canada.”

Lockton’s approach in Canada will focus on introducing its privately held and independent model to a market where mid-sized and large businesses are seeking more tailored consulting across a wide range of risk management and workforce topics. The strategy combines local leadership and market expertise with global insights, connecting Canadian retail business with Lockton's worldwide network, thereby offering unique products and services suitable for the Canadian landscape.

“Today, Canadian businesses need more than ever a partner who understands the increasingly complex risk environment they face—from uncertainties in trade and supply chains, to cybersecurity threats, rising employee benefit costs, climate resilience, and sector-specific challenges,” stated Stéphane Lespérance.

Lespérance is set on building a collaborative team of experts that will deliver exceptional results to their Canadian clients. “The independent model of Lockton is very relevant to today’s Canadian market. It provides the freedom to create a platform that is genuinely client-focused, allowing us to concentrate on long-term client success,” he expressed.

Lockton is set to provide more details in the coming months as it advances its leadership in Canada, strengthens its local presence, and expands its consulting capabilities. Stéphane Lespérance's extensive experience will be instrumental in navigating these developments. He is also the chair of the board of the Insurance Institute of Canada and is accomplished academically, having pursued studies in risk management at l'Université du Québec à Montréal and completed executive education programs at Northwestern University's Kellogg School of Management and the University of Chicago's Booth School of Business.

In his personal life, Stéphane is a triathlon enthusiast who enjoys spending time with his family.

About Lockton

Lockton stands out for its independence, which is also its greatest strength. Being privately owned allows its nearly 15,000 associates, operating in over 160 countries, to focus entirely on the risk and insurance needs of its clients. With global expertise, Lockton provides a deep understanding that drives outstanding results. The Canadian branch operates under the name Lockton Brokers, ULC.

For more information, visit www.lockton.com.