Reinsurance News

Lockton launches Nordic employee benefit practice with senior hires

2nd July 2021 - Author: Katie Baker

Reinsurance broker Lockton has launched its employee benefit practice in the Nordic region, following a number of senior hires in Denmark.

To bring its existing global employee benefit offering to a new client base in the region, Lockton has hired senior consultants from Penfor and Skinnerup Consulting, two of Denmark’s most innovative pension consulting firms.

Penfor’s Managing Partner and Founder, Torben Sogaard, together with Partners Jan Lind, Erik Ludvigsen and Kim Henningsen, joined Lockton last month as senior consultants.

Hans Otto Koch, another of Penfor’s Managing Partners and Founders, and Sten Asmussen, Skinnerup Consulting Partner has also joined the new Lockton employee benefits practice.

Lockton’s global employee benefits practice currently operates in the UK, Ireland, US, Asia, Middle East and Latin America, and supports multinational employers to deliver employee benefit strategies.

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Simon Gilliat, International Head of Benefits at Lockton Companies LLP, said: “Lockton is broadening its global footprint as part of its growth strategy, and the expansion of the Employee Benefits division is a key part of that plan.

“Through these acquisitions, and through Hans, Sten, Erik, Torben, Kim and Jan joining the Lockton team, we will be well placed to bring our compelling proposition to a new, broader range of clients in Denmark.

“We’re thrilled to welcome six strong leaders in Danish employee benefits, who will bring their advanced knowledge and insight to bear for our client-base in a consultancy market that is evolving.”

Jesper Nygaard, CEO of Lockton Denmark, added: “We only established Lockton Denmark in April last year, and the business has been extremely well-received and supported by both clients and markets in this short timeframe.

“We are very proud to add a local employee benefits practice as part of our overall offering to our Danish clients.

“These new additions to our team are highly regarded practitioners within their field and all share our common focus for independent client advice and the highest quality of service.”

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