Years in business: 50
Leadership: David Lockton, chairman; John Lumelleau, president and CEO
Lockton has locked onto success, having reached its 50th anniversary this year (and the 10th for its global operations), with record revenue of $1.34 billion and organic revenue growth of 10%. It remains the largest privately owned independent insurance brokerage in the world, with 6,000 associates and more than 50,000 clients worldwide.
Lockton attributes its success to keeping its value and quality of service consistent while growing its capabilities extensively and welcoming more diverse clients and their ever-evolving risks. More than looking after clients’ risk exposures, Lockton strives to teach them “how to think about risks” and to create safe workplaces, lower costs and engage employees.