Lockton enters Australia
One of the world's largest privately-held insurance brokers, Lockton, has announced it will be opening two new offices in Australia via the establishment of Lockton Australia Pty Ltd, with locations in Perth and Sydney.
Announcing the move this week, Lockton president and chief executive John Lumelleau said the move into Australia represented an important step in the company's expansion.
The Lockton Australia offices will open officially on 18 May with the aim of servicing the commercial insurance needs of corporate and multinational clients.
The company said Adam Rhodes had been named Lockton Australia CEO, reporting to Gerry Callaghan, executive chairman of Lockton's Asian operations.
Rhodes was formerly with Australian Reliance Group (ARG), and will be joined at Lockton by several former principals of ARG.
Lockton and Australian Reliance have restructured their relationship and business, and in future they will operate separately.
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