The Lockton Companies, LLC · Kansas City, MO United States
Company Description
Phone: 816-960-9000
Fax: 816-960-9099
View The Lockton Companies, LLC Locations On A US Map
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This link will open in a new window The world's largest privately held insurance brokerage, Lockton offers risk management services, commercial property/casualty insurance, surety bonds, mergers and acquisition support services, and employee benefit planning services. Initially targeting construction businesses, Lockton has expanded its expertise to other industries including energy, health care, hospitality, manufacturing, retail, and transportation. The company operates from about 20 domestic offices and more than 25 international offices in Latin America, Asia, and Europe. It serves corporate clients operating worldwide. Lockton was founded in 1966 by Jack Lockton, brother of chairman David Lockton; it is owned by company executives. To read the full description, subscribe now.
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Key The Lockton Companies, LLC Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | April |
| 2008 Sales (mil.) | $742.0 |
| 2008 Employees | 3,800 |
The Lockton Companies, LLC Executives
26 executives listed for The Lockton Companies, LLC's Kansas City, MO location.
| Title | Name & Bio | Contact |
| Chairman | David Lockton | Network |
| CEO and President | John Lumelleau | Network |
| EVP Operations | Claudia Mandato | Network |
Competition
Competitive Landscape for The Lockton Companies, LLC
Demand is related to consumer income and commercial business activity. When the economy grows, so does the demand for personal and business insurance. When the economy contracts, as it did in the late 2000s, demand for insurance falls. The profitability of individual agencies depends on effective marketing, client referrals, and customer service. Large agencies have advantages in name recognition, connections with more insurers, and the ability to craft more complex insurance packages. Although small agencies formerly competed by specializing in a specific product line, they are increasingly diversifying to build business. Average annual revenue per employee is around $200,000. To read the full description, subscribe now.Top The Lockton Companies, LLC Competitors
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