Lockton

Founded by Jack Lockton in Kansas City in 1966, Lockton has grown into a privately held insurance brokerage with a global operating footprint. Its independence distinguishes it from publicly listed peers and supports a long-term focus on client relationships rather than quarterly shareholder expectations.

Lockton advises businesses and individuals on commercial insurance, risk management, employee benefits, retirement, reinsurance and claims. It is especially strong in complex and specialty risks, including financial institutions, cyber, aviation, marine, energy, private equity and other industry-specific exposures, supported by analytics and specialist broking teams.

For students, Lockton is best understood as a large global intermediary rather than an insurer: work is likely to combine client advisory, insurance-market placement, risk analysis and relationship management. Its scale is substantial, but its privately owned structure and specialist practices give it a different profile from the largest listed brokers.