Lockton has rebranded the newly Alexander Forbes International Risk Services acquisition as Lockton International.
Lockton Incorporated's president and chief executive, John Lumelleau, was confident the acquisition would provide synergies: “The two organizations fit like a hand in a glove. Our combined operation provides clients with easy access to professional risk management expertise around the world.”
Chairman of Lockton International, Mike Hammond, was raring to go: “This is the moment we've been waiting for. We have had a tremendous response from the market. At last there's a privately owned alternative broker with a global reach, and this is clearly an attractive proposition to a lot of people.”
And David Lockton, chairman of the parent company, said: “This is a landmark day for our clients and our people. We are welcoming 1,600 new colleagues to the Lockton family, and we are dramatically expanding the depth and reach of our risk management services. Lockton focuses on delivering a distinctive level of service, and Lockton International is now an important part of that promise to our clients around the world.”