Lockton launches new surety practice under Patrick Pribyl

Independent insurance broker Lockton has launched a national surety practice, to be led by Patrick Pribyl.

Pribyl has 31 years of surety experience gained over the course of his career at Lockton. The broker believes that he is well positioned to drive innovation and growth in this area.

Said Taiym, US chief operating officer of Lockton, said: "Lockton's success has always been advanced by a strategy that puts the client at the center of everything we do. Our surety clients thrive on innovation, risk mitigation and finding new ways to reduce total cost. Under Patrick's leadership, the entire practice will bring deeper collaboration to enhance the client experience and deliver superior results."

Pribyl commented: "Jack Lockton founded this company as a construction and surety brokerage and I learned the business from him. Jack would tell prospects to 'Look to Lockton' because we assembled the surety horsepower to solve their most complex challenges. It's in that spirit that our National Surety Practice has aligned to bring the full power of that commitment and the financial acumen to all Lockton clients."