Insurance coverage dealer and consultancy agency Lockton has launched a threat consulting enterprise in Australia, naming Ben Crowther as head of the brand new providing.
The CEO of Lockton within the Pacific area, Paul Marsden, mentioned that the launch of the brand new observe is available in response to consumer calls for, and enhances Lockton’s end-to-end providers within the threat scene.
“We’ve been listening to our purchasers and evidently, the dangers our purchasers are going through are solely changing into extra advanced. By establishing in-house threat consulting capabilities, Lockton will add worth to our purchasers’ companies and handle gaps or capability challenges amongst their very own inside threat administration experience,” he mentioned.
“We’re one of some brokers providing threat administration consulting, and as we hyperlink the providing with the insurance coverage cycle, we will provide an built-in threat and broking propositions that’s usually solely reserved for prime corporations, presenting a possibility for Lockton to make an influence within the mid-market house.”
Whereas the likes of Aon, Mercer, and Willis Towers Watson concentrate on the company and multinational panorama, Lockton primarily serves purchasers within the mid-market house. Headquartered within the US, the agency payments itself because the market chief on this house, with workplaces in 140 international locations, together with seven in Australia.
Main the brand new threat consulting enterprise is Ben Crowther, who brings over a decade of expertise to the place, having led consumer tasks in areas like threat evaluation and insurance coverage program stress-testing. His experience extends to superior threat quantification, enterprise continuity planning, asset valuation, threat engineering, and the preparation of advanced enterprise interruption claims.
Commenting on his appointment as Head of Threat Consulting, Crowther mentioned: “Our new observe marks a big development within the threat administration providers at Lockton. By delivering vital providers like insurable threat profiling, valuations, and enterprise interruption evaluations, Lockton is solidifying its place as a extra related, trusted advisor and collaborator in our purchasers’ wider threat administration methods.”