Lockton, the world’s largest privately-owned insurance broker, today announces the opening of a new office in Stockholm, Sweden, as part of its expanding proposition to clients in the region.
The office is expected to be operational by the end of January, with the arrival of two key hires and industry experts, Linda Fihlen and Niklas Thorell. Further senior hires will be made to expand the business, which will serve clients across all specialty and general commercial insurance lines.
This expansion marks the latest step in Lockton’s growth strategy in the region. The new office will sit alongside Lockton’s established offices in Denmark and Norway, the latter of which recently merged with Edge Group, the largest independent marine broker in the Scandinavian market. These growth opportunities have further enhanced both Lockton’s Nordic footprint, whilst complementing its global proposition.
Lockton will continue to invest to attract the very best people in the region and has placed its associates at the centre of its growth strategy in Norway, Denmark and now Sweden. Further hires are pending in Sweden and throughout the wider region to serve the growing demand for unencumbered client service.
Associates will work seamlessly across borders as part of the broker’s global team. Immediately, Lockton in Sweden will provide cover across most existing Nordic product lines, working alongside other Lockton associates globally to continue to provide exceptional service to local, regional, and international clients. Lockton in Sweden plans to broaden its offerings in the coming months as it builds out its team of leading experts.
EJ Hentenaar, Lockton’s European Chief Executive Officer, said: “Lockton is highly invested in the region, there is incredible talent and we are thrilled to be building a team in Sweden, alongside our established businesses in Norway and Denmark. As ever, our focus is on providing an outstanding service to our clients, and the opening of our office in Stockholm means we will be well placed to bring our proposition to even more clients in the region.
“We established Lockton Norway 11 years ago, started our fabulously successful Denmark office over two years ago and, since then, our Nordic business continues to go from strength to strength. We see so many opportunities for the future and are excited to continue building Lockton in the region, with a clear focus on meeting client needs and preserving our unique, caring culture.
“Our people are very much at the centre of this expansion, and we continue to invest to attract and retain the very best talent, whilst providing the opportunities for growth that come with being part of the world’s largest privately-owned insurance broker.”
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.