Lockton’s new Professional & Executive Risk practice to transform its global financial lines business

Independent insurance broker Lockton has announced the launch of Professional and Executive Risk, which integrates US-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice.

Bringing together the expertise of over 750 talented Associates worldwide onto a single platform, this strategic integration will further enrich Lockton’s ability to create and deliver best-in-class client value, Lockton stated.

Lockton Professional and Executive Risk has been created to “help clients address their professional, executive, financial, and cyber risks no matter where they operate,” Lockton stated.

Devin Beresheim, Executive Vice President and U.S. Head of Professional and Executive Risk at Lockton, said: “In today’s complex and interconnected environment, companies and their boards require a trusted partner that sees their risk holistically.

“Lockton Professional and Executive Risk delivers tailored solutions to help corporate boards and C-suite executives proactively mitigate their most pressing risks on a global level, so they can focus on growing their business.”

“Through our globally connected team, we can ensure even broader knowledge sharing, deeper risk insights, and the ability to anticipate emerging threats with greater response and precision,” said Leo Flindall, U.K. Head of Professional and Executive Risk at Lockton.

Adding: “The launch of this unified team is another milestone for Lockton, reflecting our commitment to continually improving our standard for client service.”

Lockton Professional and Executive Risk provides comprehensive global insurance broking, risk advisory, and claims support across diverse industries.

Areas of expertise include directors and officers liability, cyber, general partnership liability, errors and omissions/professional indemnity, employment practices liability, fidelity/crime, fiduciary liability, insurance solutions for digital assets.

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