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At Lockton, we work hard to make sure our people feel welcomed and valued and provide opportunities to help them grow personally and professionally. We’re honored to be recognized as a Best Place to Work in Insurance for the 15th consecutive year! Best Places to Work in Insurance is an annual feature by Business Insurance and Best Companies Group that lists the agents, brokers, insurers and other providers with the highest employee engagement and satisfaction. The award recognizes employers for their outstanding performance in establishing workplaces where employees can thrive, enjoy their work and help their companies grow. For nearly 60 years, our independence has allowed us to provide exceptional service to our clients, take care of our people and give back to our communities in ways other companies can’t. We’re excited to continue providing the opportunities and support necessary for our people to grow, improve and reach their ultimate potential.
Lockton, the world’s largest independent and privately held insurance brokerage, reported revenue growth of 17% on a constant currency basis, with reported organic revenue growth at 16% for its fiscal year ending April 30, 2023. Lockton reported global revenue of $3.1B compared to global revenue of $2.7B in fiscal 2022. Revenue growth metrics are presented on a constant currency basis. "Jack Lockton founded Lockton Companies in 1966 and believed that intense client focus, creating a caring culture, empowering people and remaining private would combine to create a special place for clients and exceptional talent,” said Peter Clune, CEO. “Our exponential growth is a result of us staying true to his business philosophies combined with the will of our people.” Lockton’s award-winning culture is recognized around the globe, including being certified as a Great Place to Work in Australia and Mexico, being awarded the highest honor by b-Heard in the U.K., and being recognized among the Best Places to Work in Insurance for 14 years in a row and as a U.S. Best Managed Company for three consecutive years.
May is Asian & Pacific Islander Heritage Month, which celebrates the cultures, traditions and contributions of Asian American and Pacific Islander Americans to the United States. This month, a national AAPI LEAN (Lockton Empowered Associate Network) group was announced. Called ASPIRE, the group promotes a collective mission and supports individual Series efforts to celebrate and share information about countless cultures. In addition to a yoga event to coincide with Mental Health Awareness Month, the Pan-Asian Associate Network and the Achieving Racial Equality LEAN hosted a virtual speaker event with Connie Chung Joe of Asian Americans Advancing Justice Southern California (AJSOCAL). The speakers shared their personal experiences as members of the Asian-American community, including racism and hate crimes, allyship and being intentional in learning about and supporting the AAPI community. Associates across the U.S. continue to celebrate and share their culture through events, experiences and conversations. Click the link to read more.
At Lockton, our caring culture means we’re invested in the health and well-being of our people around the globe. In recent years, Lockton has increased our investment in benefits to support our people through various life events – including supporting their mental health. Available on the first day of employment to eligible Associates in the U.S., the benefits have made a significant impact in a short amount of time to help our people reach their ultimate potential. “We want to create a caring culture where people can have things taken care of. They don’t have to spend extra time finding providers or worrying about the future. We want our people to be the best in the business and to do that, they need access to care,” said Nicholas Harbert, Senior Benefits Manager. At Lockton, we’re ready to meet you where you are today and as your needs change. We’re here to support you and your family, no matter what stage of life you’re in.
Lockton Recognized as a US Best Managed Company again in 2023 Lockton is honored to be selected as a US Best Managed Company for the third consecutive year. This prestigious recognition, sponsored by Deloitte Private and The Wall Street Journal, acknowledges our outstanding teams, long-term strategy, commitment to our people, and caring culture. We are proud to join an esteemed community of honorees, and thank our people across the business for their dedication in propelling our business forward while staying true to our values!
Lockton is pleased to announce the promotion of Stephanie Robinson to Chief Diversity Officer. Stephanie joined Lockton in February 2022 as Director of Diversity, Equity and Inclusion after building and leading DEI at Blue Cross and Blue Shield of Kansas City. Stephanie has also worked in Human Resources at UMB Financial, H&R Block, Cerner Corporation and Quest Diagnostics. In the community, Stephanie currently works with Jackson County CASA. In her new role, Stephanie will be taking the helm from Brian Roberts who has been leading the development and execution of Lockton’s DEI strategy as Chief Diversity Officer while also leading the Midwest Series as COO. I want to thank Brian for his leadership over the last few years and his work setting us up for continued progress. “I am excited to serve as Lockton’s new Chief Diversity Officer," said Robinson. "I will continue in my efforts to advance DEI and make Lockton a place where all people feel welcome, valued and excited to build a career here.“
