Lockton Unifies Global Financial Risk Teams to Deliver Enhanced Client Solutions
Lockton, recognized as the largest independent insurance brokerage worldwide, recently unveiled a significant reorganization within its financial services segment. This strategic move sees the merger of the U.S.-based Lockton Financial Services (LFS) and the International ProFin teams into a cohesive unit known as Lockton Professional and Executive Risk.
The goal of this integration is to consolidate the extensive expertise and insights from over 750 associates who span various disciplines into a single platform designed to elevate client engagement and service delivery. Lockton's new structure enhances the firm’s commitment to offering solutions that transcend traditional insurance products, thereby aligning with the evolving demands of its global clientele.
In a rapidly changing and increasingly interconnected business environment, companies face unprecedented levels of risk—from professional liability and cyber threats to executive risks. In light of these challenges, Devin Beresheim, the Executive Vice President and U.S. Head of Professional and Executive Risk at Lockton, emphasizes the importance of a trusted partner capable of viewing risk from a holistic perspective.
"Lockton Professional and Executive Risk is tailored to provide bespoke solutions essential for corporate boards and C-suite executives to navigate their risk landscape effectively," Beresheim noted. The team's dedicated approach enables clients to proactively address their most pressing risks while focusing on growth and strategic initiatives.
Leo Flindall, the U.K. Head of Professional and Executive Risk, added that the unified team represents a pivotal step forward for Lockton. By harnessing collective knowledge and fostering deeper collaboration across geographies, this initiative aims to enhance risk insights and the ability to quickly respond to emerging threats. This approach not only signifies Lockton's commitment to raising standards in client service but also enriches the overall risk management experience for clients across various sectors.
Lockton Professional and Executive Risk serves a diverse range of clients, providing global insurance broking, risk advisory, and claims support that encompasses all significant financial and professional insurance lines. Their areas of expertise are vast and include directors and officers liability, cyber risk, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, and even insurance solutions tailored for digital assets.
Lockton’s distinctive position in the industry is driven by its independence, which empowers its over 12,500 associates across 140 countries. This autonomy allows them to focus solely on addressing client issues related to risk, insurance, and people management, emphasizing a client-centric philosophy. With a wealth of expertise that extends globally, Lockton shines in providing targeted industry knowledge and specialized products tailored to the unique needs of clients.
As organizations around the world reassess their risk management strategies and seek methods to thrive amid uncertainty, Lockton's proactive approach in integrating its global financial lines practice positions the firm as a knowledgeable ally capable of delivering customized solutions. This integration not only reflects Lockton's continuous commitment to excellence but also sets a new standard in the insurance and risk management landscape, promising to enhance client satisfaction and outcomes across the board.
Ultimately, Lockton Professional and Executive Risk is not just about providing insurance; it's about facilitating strategic risk management that empowers clients to innovate with confidence while safeguarding their interests in an increasingly complex digital and operational realm.
The goal of this integration is to consolidate the extensive expertise and insights from over 750 associates who span various disciplines into a single platform designed to elevate client engagement and service delivery. Lockton's new structure enhances the firm’s commitment to offering solutions that transcend traditional insurance products, thereby aligning with the evolving demands of its global clientele.
In a rapidly changing and increasingly interconnected business environment, companies face unprecedented levels of risk—from professional liability and cyber threats to executive risks. In light of these challenges, Devin Beresheim, the Executive Vice President and U.S. Head of Professional and Executive Risk at Lockton, emphasizes the importance of a trusted partner capable of viewing risk from a holistic perspective.
"Lockton Professional and Executive Risk is tailored to provide bespoke solutions essential for corporate boards and C-suite executives to navigate their risk landscape effectively," Beresheim noted. The team's dedicated approach enables clients to proactively address their most pressing risks while focusing on growth and strategic initiatives.
Leo Flindall, the U.K. Head of Professional and Executive Risk, added that the unified team represents a pivotal step forward for Lockton. By harnessing collective knowledge and fostering deeper collaboration across geographies, this initiative aims to enhance risk insights and the ability to quickly respond to emerging threats. This approach not only signifies Lockton's commitment to raising standards in client service but also enriches the overall risk management experience for clients across various sectors.
Lockton Professional and Executive Risk serves a diverse range of clients, providing global insurance broking, risk advisory, and claims support that encompasses all significant financial and professional insurance lines. Their areas of expertise are vast and include directors and officers liability, cyber risk, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, and even insurance solutions tailored for digital assets.
Lockton’s distinctive position in the industry is driven by its independence, which empowers its over 12,500 associates across 140 countries. This autonomy allows them to focus solely on addressing client issues related to risk, insurance, and people management, emphasizing a client-centric philosophy. With a wealth of expertise that extends globally, Lockton shines in providing targeted industry knowledge and specialized products tailored to the unique needs of clients.
As organizations around the world reassess their risk management strategies and seek methods to thrive amid uncertainty, Lockton's proactive approach in integrating its global financial lines practice positions the firm as a knowledgeable ally capable of delivering customized solutions. This integration not only reflects Lockton's continuous commitment to excellence but also sets a new standard in the insurance and risk management landscape, promising to enhance client satisfaction and outcomes across the board.
Ultimately, Lockton Professional and Executive Risk is not just about providing insurance; it's about facilitating strategic risk management that empowers clients to innovate with confidence while safeguarding their interests in an increasingly complex digital and operational realm.
Topics Business Technology）
【About Using Articles】
You can freely use the title and article content by linking to the page where the article is posted.
※ Images cannot be used.
【About Links】
Links are free to use.