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 staff, efficient July 1.

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

Drummond-Brady turned govt director of JLT Group in 2010. Following Marsh McLennan’s acquisition of JLT Group in 2019, he assumed the position of vice chairman at Marsh, enjoying a pivotal position in efficiently integrating the 2 corporations earlier than stepping down in 2022.

Drummond-Brady served as chairman of the Lloyd’s and City 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 Agents and Brokers.

“Mark is a leader in the insurance industry, having been at the forefront of it for nearly four decades,” mentioned Chris Brown, president of Lockton International. “His exceptional level of market knowledge, industry acumen and counsel will be invaluable as we continue to grow. Welcoming someone of Mark’s caliber to our senior leadership team is a statement of intent and will further support our development as a business and our client focus.”

“Mark shares so many of the values of Lockton, bringing with him the knowledge and experience that our associates, clients and trading partners will recognise as invaluable to us,” mentioned EJ Hentenaar, European CEO at Lockton. “Lockton continues to attract great talent from within our industry as well as outside of our market. Mark’s arrival will allow us to continue to grow, whilst never losing sight of the approach, values and culture that make us different.”

“I am delighted to be joining Lockton at such an exciting time for the business, having watched it progress from afar for several years,” Drummond-Brady mentioned. “Lockton has even more ambitious growth plans, which are credibly grounded in its impressive performance in recent years. Lockton remains proudly independent and has retained its values, which sets it apart from many peers in the market and provides a solid foundation as the business continues to scale. I look forward to working closely with the executive team to maintain this momentum.”

Drummond-Brady is the newest addition to Lockton’s roster. The firm lately 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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