Lockton expands in the Nordic
Global reinsurance broker Lockton Re has expanded its risk advisory and insurance broking services in Norway with the launch of Norwegian energy and employee benefits divisions, following the opening of its Stockholm office earlier this year.
Lockton said that this expansion marks the latest step in its growth strategy in the Nordics region.
Lockton Norway will now offer solutions for natural resources, renewable energy and large industrial clients with complex risk management requirements.
The business will be looking to make a series of senior hires in the coming months, Lockton said. The energy and people solutions teams will sit alongside current professional services, financial institutions, M&A and marine and transportation teams.
EJ Hentenaar, CEO of Lockton Europe, said: “We significantly added to Lockton’s presence in the region three years ago and since then, our Nordic business has grown exponentially as a result of high demand and our deep industry knowledge. In that time, we have opened multiple offices and welcomed some of the best talent in the market, due, in no small part, to our supportive culture and the opportunities for growth that being part of the world’s largest privately-owned insurance broker can bring.
“It is clear from our rapidly growing areas of specialism, Lockton Norway is a career destination for brokers who wish to be surrounded by colleagues that are experienced, share an ambitious mindset and are well matched in talent and enthusiasm for their respective fields. I am certain our new Energy and People Solutions divisions will further enhance our standing in the market and help us to continue to attract some of the most talented individuals in the industry.”
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