Lockton, the world’s largest independent insurance broker, today announced the appointment of Shelley Wright as Head of UK Commercial Wholesale. She will work with David Lee, the current Head of UK Commercial Wholesale, to ensure a smooth transition of roles. Ahead of his retirement, after 49 years of working in the insurance industry, the last 11 years at Lockton, David will begin to transfer his areas of responsibilities to Shelley who will be focused on maintaining and building the capability and execution of strategies for clients.
Under David’s tenure, Lockton UK’s Commercial Wholesale has grown rapidly and, over the last three years alone, the business unit has grown its revenue by an average of 35% year on year.
Shelley has 36 years of industry experience and joins from Swiss Re Corporate Solutions where she served as Director of Standard Propositions EMEA and previously as Head of UK Regional Business. Prior to this, she worked at Lorega Ltd as Director of Innovation and New Products and held various roles at Groupama, most recently as Customer Proposition Manager. Shelley also worked for GAN Minster, Fortis Insurance Ltd and Catterall Insurance Services.
Tony Hardy, Head of Lockton P&C, said: “The Commercial Wholesale team has been growing rapidly over the last few years. We have built a business that produces just short of £3m Brokerage Income per annum and one that places around £34m of Premium per annum into the market. As the business unit grows and embraces a period of transition, our aim of providing clients with top quality service remains at the core. Shelley’s extensive experience makes her the ideal candidate to build on this momentum.”
David Lee, Head of UK – Lockton Commercial Wholesale, said: “As I move on over the next 12 months, I couldn’t be more pleased to leave the team in Shelley’s capable hands. Her decades of experience and valuable relationships will be key to realising the opportunities we have developed.”
Shelley Wright said: “Lockton’s ambitious strategy for the Commercial Wholesale team and David’s leadership has grown the team from strength to strength. The opportunities at Lockton for growth and development are unparalleled and I look forward to maintaining and building on the team’s momentum and growing market position.”
Lockton has been awarded the Best Place to Work in Insurance for 13 years in a row, is a 2022 US Best Managed Company and has been recognised by Forbes as a 2022 Best Large Employer and Best Employer for Diversity.
Lockton was named as one of the UK’s top 50 best large companies to work for in 2022, according to the Sunday Times’ annual “Best Companies” survey (opens a new window). The same survey ranked Lockton as one of the insurance sector’s top five best companies for work for. In addition, Lockton was given a Three Star Accreditation, the highest rating, representing “world class levels of workplace engagement” with its Associates. rating, representing “world class levels of workplace engagement” with its Associates.
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As the world’s largest independent insurance brokerage firm, Lockton is committed to service and empowered with a single-minded focus on delivering results for clients. More than 9,500 Associates provide 65,000 clients globally with creative solutions in risk management, insurance and employee benefits consulting. We’re purposely unconventional, insatiably curious and uncommonly independent.