Insurance Brokers Launch Lockton Global(SM) Partnership

KANSAS CITY and LONDON, April 2, 2012 /PRNewswire/ -- Lockton today announced the formation of the Lockton Global(SM) partnership. Lockton Global provides multinational companies risk management, insurance, and employee benefit solutions for more than 1,000 global clients. It formalizes longstanding client service relationships among Lockton and its insurance broker partners.

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Lockton Global LLP, a Delaware partnership of 30 of the world's leading privately held insurance brokers and risk advisors, delivers flexible, expert global risk management services, generating increased efficiency for multinational companies. Partners are committed to providing exceptional service and innovative solutions. A full list of founding partners is on the Lockton Global web site at www.locktonglobal.com.

Lockton Global Chairman John Lumelleau comments:

"Lockton Global is an evolutionary step, strengthening existing partnerships that serve the global insurance, risk management, and employee benefits needs of our mutual clients. Lockton leads this group and supports our Lockton Global partner clients. At a time when clients clearly want more global service tied to local expertise that helps improve their businesses, Lockton Global offers flexible, effective, innovative risk management solutions."

Lockton Global partner Mark Leysen in Belgium calls the partnership a valuable asset for his firm's clients and his business. "By acting in partnership, we deal with each other because we want to, not because we have to. We have mutually committed to treat every client as our own."

Lockton Global serves multinational companies like Stanley Black & Decker, Inc. and ACI Worldwide, a financial services software firm.

Stanley Black & Decker Senior Risk Manager, Diane Bascom values the expertise that Lockton Global brings to its rapidly growing business in 55 countries. "It speaks to the integrity of the broker, their resourcefulness in coming up with creative cost-beneficial solutions, their communication capabilities in terms of spreading the words to our local entities, and the timeliness with which they deliver the results we require." 

Paul Van Dyne is Director of Compensation and Benefits for ACI Worldwide, who said, "Lockton Global is a critical partner in helping us fulfill our human resources strategy in that they bring a knowledge of the market to us, they bring brokerage skills in working with both their own offices and with partners for our benefit programs in 35 countries, and then they help us sell our programs to employees."

Lockton Global LLP is governed by a board that includes:

• Barry Lorenzetti, Canada, BFL Canada
• Jean-Paul Chapellier, France, Diot
• Mark Leysen, Belgium, Netherlands, Luxembourg, Van Breda
• Ricardo Rosenthal, Argentina, Makler  
• John Lumelleau, Lockton, Inc., Chairman

About Lockton Global(SM)

Lockton Global LLP is a Delaware (USA) partnership of 30 of the world's leading privately held insurance brokers and risk advisors. Partners bring deep experience and a shared approach to client service in risk management and employee benefits. All Lockton Global partners agree to maintain high client service standards, so the expectations of clients are met or exceeded. 

To find out more, please visit www.locktonglobal.com. 

About Lockton

More than 4,100 professionals at Lockton provide more than 15,000 clients around the world with insurance, benefits, and risk management services, offering an uncommon level of client service. From its founding in 1966 in Kansas City, Missouri, Lockton has grown to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates awarded Lockton its 2011 Service Excellence Award for risk management for large companies. For three consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance."

SOURCE Lockton