Lockton, the world’s largest privately owned insurance brokerage, is pleased to announce the appointment of Leo Demer as President, Lockton Pacific, who will be based in Sydney. He will take up the role on 13 February 2023.
Leo is highly regarded as a well-respected, transformational insurance leader and brings to Lockton over 35 years’ of experience in the insurance industry.
In this new leadership role, Mr. Demer will be responsible for accelerating the growth of Lockton across the Australia and Pacific Region, working closely alongside Paul Marsden, Lockton’s Chief Executive Officer (Australia and Pacific Region).
Commenting on the appointment, Mr. Marsden said: “I am delighted such an acclaimed, seasoned leader known for delivering outperformance and extraordinary results for clients has joined Lockton. As we enter yet another chapter of business growth, Leo’s eye for talent and proven track-record will be invaluable for Lockton as we continue to set the gold standard for what outstanding client service looks like.”
In recent years, Mr. Demer began consulting to JLT Public Sector and Marsh following Marsh’s acquisition of JLT in 2019. Prior to this, he was the former Australasian CEO at JLT for 10 years and served eight years as a member of JLT’s Group Executive Committee. He later became a senior advisor to Dominic Burke, the former Group CEO of JLT globally.
Mr. Demer’s experience of leading JLT resulted in the former company’s significant rise in the high-end corporate space, winning major accounts and representing roughly 13 of the top 50 companies on the ASX at the time. During his tenure, the company was also the broker to over 90 per cent of councils across Australia.
Mr. Demer’s dedication to the industry and transforming client outcomes has also led to many achievements, including being a receipt of iCare’s Lifetime Achievement Award in 2017.
With a 98% client retention rate in Australia, Lockton is a global professional services firm with 9,500 professionals focused on providing over 65,000 clients with leading expertise in risk management, insurance, and employee benefits services.
Since our foundation in 1966 in Kansas City, Missouri, Lockton has grown to become the world’s largest privately owned insurance broker and 8th largest overall by helping clients achieve their business objectives through protecting their most valuable assets - their people, property, and reputations.
Our Australian locally-owned team is committed to understanding our client's business and objectives to deliver demonstrable value and benefits through local specialist services and global knowledge.
For more information on Lockton Australia, please visit global.lockton.com (opens a new window)