Lockton, an independent insurance broker, has unveiled its new Professional and Executive Risk division, a strategic integration that merges the expertise of Lockton Financial Services (LFS) in the US with its International ProFin teams. This move consolidates over 750 skilled Associates globally into a cohesive unit, enhancing Lockton’s ability to offer top-tier client value.
Global Expertise and Client Focus
The newly formed Lockton Professional and Executive Risk is designed to assist clients in navigating professional, executive, financial, and cyber risks, regardless of their operational location. Devin Beresheim, Executive Vice President and U.S. Head of Professional and Executive Risk at Lockton, emphasized the need for a holistic view of risk in today’s complex environment. He stated, “Lockton Professional and Executive Risk delivers tailored solutions to help corporate boards and C-suite executives proactively mitigate their most pressing risks on a global level, so they can focus on growing their business.”
Commitment to Enhanced Service
Leo Flindall, U.K. Head of Professional and Executive Risk at Lockton, added, “Through our globally connected team, we can ensure even broader knowledge sharing, deeper risk insights, and the ability to anticipate emerging threats with greater response and precision.” He noted that the launch of this unified team marks another milestone in Lockton’s ongoing commitment to enhancing client service standards.
Comprehensive Global Services
The division offers a full spectrum of global insurance broking, risk advisory, and claims support across various industries. Key areas of expertise include directors and officers liability, cyber risk, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, and insurance solutions for digital assets.
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