Lockton Launches a Digital Office Led by Claude Yoder to Drive Innovation

Lockton Unveils New Digital Office Under Claude Yoder

Lockton, recognized as the world's leading independent insurance broker, has recently announced the formation of a Digital Office, spearheaded by Claude Yoder, who previously served as the Global Analytics Leader at Lockton Re. This strategic move is designed to spearhead innovations in data analytics and technological strategies throughout the entire organization.

The primary goal of this initiative is to bolster digital and data-related capabilities within Lockton while simultaneously delivering transformative solutions that cater to clients' needs. Claude Yoder, who has been instrumental in the impressive growth of Lockton Re, will take on the role of Chief Data, Analytics and Digital Officer. His contributions include the creation of the proprietary SAGE analytics and operations platform—an achievement that has earned the platform two patents, a rarity in the reinsurance industry.

Ron Lockton, the Chairman and CEO of Lockton, elucidated the importance of this new Digital Office, stating, "This step, along with our commitment to investing in a digital office, highlights the significance of digital technology, data, and analytics within Lockton's global strategy. We are determined to provide our clients with valuable insights and an unmatched level of service that leverages cutting-edge digital data and analytical tools."

The establishment of the Digital Office signals Lockton's commitment to accelerating digital transformation and growth across all facets related to data, analytics, and technology. By leveraging state-of-the-art technologies and data-driven insights, the office aims to enhance client benefits, promote operational efficiency, and facilitate strategic decision-making—all while delivering unprecedented value.

Yoder emphasizes the exciting opportunity this initiative presents, stating, "This is a thrilling chance to expand our data and technology capabilities. Lockton's commitment to digital excellence underscores its determination to stay ahead of industry trends and meet the evolving needs of our clients. With the setup of the Digital Office, Lockton is poised to set new benchmarks in the insurance brokerage industry and ensure sustainable growth and success in this digital age."

Lockton's unique independence enables its over 12,600 employees to focus exclusively on client needs in risk, insurance, and employee services across 140 countries. This distinctiveness, combined with global expertise, facilitates remarkable outcomes for its clients. For more information about Lockton, visit www.lockton.com.

As the Digital Office becomes fully functional, it is expected that Lockton's approach to insurance and risk management will evolve significantly, marking a new era of innovation and customer-centric solutions in the insurance brokerage sector.