Lockton faucets new management advisor

Lockton, the world’s largest impartial insurance coverage dealer, has introduced the appointment of Mark Drummond-Brady as an advisor to the senior worldwide management group, efficient July 1.

Drummond-Brady has greater than 40 years of expertise within the insurance coverage trade. He started his profession as a dealer at Hogg Robinson in 1981 after serving within the British Military. In 1987, he joined Lloyd Thompson Plc, which later merged with Jardine Lloyd Thompson Group (JLT Group).

Drummond-Brady grew to become government director of JLT Group in 2010. Following Marsh McLennan’s acquisition of JLT Group in 2019, he assumed the function of vice chairman at Marsh, taking part in a pivotal function in efficiently integrating the 2 corporations earlier than stepping down in 2022.

Drummond-Brady served as chairman of the Lloyd’s and Metropolis of London department of the Royal British Legion from 2007 to 2022. He additionally served two phrases on the board of the Council of Insurance coverage Brokers and Brokers.

“Mark is a pacesetter within the insurance coverage trade, having been on the forefront of it for almost 4 a long time,” mentioned Chris Brown, president of Lockton Worldwide. “His distinctive degree of market data, trade acumen and counsel will probably be invaluable as we proceed to develop. Welcoming somebody of Mark’s caliber to our senior management group is an announcement of intent and can additional help our improvement as a enterprise and our consumer focus.”

“Mark shares so most of the values of Lockton, bringing with him the data and expertise that our associates, shoppers and buying and selling companions will recognise as invaluable to us,” mentioned EJ Hentenaar, European CEO at Lockton. “Lockton continues to draw nice expertise from inside our trade in addition to outdoors of our market. Mark’s arrival will enable us to proceed to develop, while by no means shedding sight of the method, values and tradition that make us totally different.”

“I’m delighted to be becoming a member of Lockton at such an thrilling time for the enterprise, having watched it progress from afar for a number of years,” Drummond-Brady mentioned. “Lockton has much more formidable progress plans, that are credibly grounded in its spectacular efficiency in recent times. Lockton stays proudly impartial and has retained its values, which units it other than many friends available in the market and offers a stable basis because the enterprise continues to scale. I stay up for working carefully with the manager group to keep up this momentum.”

Drummond-Brady is the most recent addition to Lockton’s roster. The corporate not too long ago introduced the appointment of Jeff Henningsen as CEO for its Texas P&C enterprise and Tyler Bolander as senior vice chairman of regional operations.

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