Lockton Launches Silent Cyber Property Solution for Businesses

Lockton posts $3.5B revenue through April 2024

Lockton, the world’s largest privately-owned independent insurance broker, today launches its Silent Cyber Property Solution, a standalone policy that covers businesses against property damage and ensuing time element losses resulting from cyber-attacks or cyber terrorism. The broad form policy is unique in the market, blending the standard wording found in both property and cyber policy… Continue reading Lockton Launches Silent Cyber Property Solution for Businesses

Lockton Expands with Opening of Pittsburgh Office

Lockton posts $3.5B revenue through April 2024

Lockton is pleased to announce it has entered the Pittsburgh market to enhance the risk management, employee benefits and retirement services strategies of local, regional and national organizations. With the economic growth and innovation in western Pennsylvania and surrounding areas, risk management and total rewards needs are increasing exponentially. Lockton, the world’s largest privately held,… Continue reading Lockton Expands with Opening of Pittsburgh Office

Lockton Sues Alliant for Allegedly Poaching Employees

Group of freelancers sue DOL over independent contractor rule

Lockton Cos. LLC has fired a barrage of litigation against Alliant Insurance Services Inc. for allegedly poaching 26 of its employees, including lawsuits filed in Delaware chancery court and state and federal courts in Missouri. The litigation charges that beginning on March 12, Newport Beach, California-based Alliant “poached” from a Denver-based Lockton unit seven producer… Continue reading Lockton Sues Alliant for Allegedly Poaching Employees

Lockton Forms Reinsurance Business, Names Leadership

Lockton posts $3.5B revenue through April 2024

Re/insurance broker Lockton has moved to form a new global reinsurance business, Lockton Global Re. Lockton has stated that reinsurance is a critical pillar of its aggressive growth plan and this new business will, under the leadership of the firm’s Chief Executive Officer Ron Lockton, look to build out its current capabilities and incorporate an… Continue reading Lockton Forms Reinsurance Business, Names Leadership