Insurance broker Lockton has announced the expansion of its risk advisory and insurance broking services in Norway, in response to demand in the region.
Lockton Norway will now offer solutions for natural resources, renewable energy and large industrial clients with complex risk management requirements.
This expansion marks the latest step in Lockton’s growth strategy in the Nordics region, with the independent insurance broker having opened its Stockholm office earlier this year.
EJ Hentenaar, CEO of Lockton Europe, commented, “We significantly added to Lockton’s presence in the region three years ago and since then, our Nordic business has grown exponentially as a result of high demand and our deep industry knowledge. In that time, we have opened multiple offices and welcomed some of the best talent in the market, due, in no small part, to our supportive culture and the opportunities for growth that being part of the world’s largest privately-owned insurance broker can bring.”
Located in Oslo, the office has also established a People Solutions function, helping clients to drive employee understanding, engagement, and satisfaction through comprehensive benefits packages.
The business will be making a series of senior hires in the coming months to support existing clients and a strong pipeline of future prospects.
The Energy and People Solutions teams will sit alongside current Professional Services, Financial Institutions, M&A and Marine and Transportation teams.
Hentenaar concluded, “It is clear from our rapidly growing areas of specialism, Lockton Norway is a career destination for brokers who wish to be surrounded by colleagues that are experienced, share an ambitious mindset and are well-matched in talent and enthusiasm for their respective fields. I am certain our new Energy and People Solutions divisions will further enhance our standing in the market and help us to continue to attract some of the most talented individuals in the industry.”
