Lockton strengthens GREAC team

New SVP joins company's expanding construction practice

Lockton strengthens GREAC team

Construction & Engineering

By Ryan Smith

Lockton, the world’s largest privately owned independent insurance broker, has announced the appointment of Peter Chesterfield as senior vice president in its Global Real Estate & Construction (GREAC) team. Chesterfield will report to David Hayhow, head of Lockton’s global construction practice.

In his new role, Chesterfield will be responsible for maintaining and accelerating the growth of the company’s GREAC practice, focusing on its construction projects in international markets. He joins as Lockton’s global construction practice continues to expand, posting 30% revenue growth in the last 12 months.

Chesterfield has more than 10 years of experience in business development, sales and strategic account management across construction classes in both the UK and Australia. He most recently served as executive partner at Gallagher. In that role, he was responsible for devising and executing strategy for new business and sales initiatives for key accounts in Gallagher’s construction division.

“Lockton is well-known in the market for its strong collaborative business culture and unwavering focus on service,” Chesterfield said. “I look forward to driving this forward, bringing innovative solutions to our clients across the world and building on the GREAC team’s impressive growth.”

“Peter joins at an exciting time for our Global Real Estate & Construction team, and his proven track record in business development means he is perfectly placed to support our next stage of growth,” Hayhow said. “I am delighted to welcome Peter to the team. With his experience and expertise, we are ideally placed to maintain our momentum and further enhance our client-focused approach, which is core to our ongoing success.

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