Insurance broker Lockton has announced the opening of a new office in Stockholm, Sweden, as part of the firms expanding proposition to clients in the region.
Lockton stated that the office is expected to be operational by the end of January, following the arrival of two key hires and industry experts, Linda Fihlen and Niklas Thorell.
Over time, further senior hires will be made to expand the business further, which will serve clients across all specialty and general commercial insurance lines.
The new office will sit alongside Lockton’s established offices in Denmark and Norway, the latter of which recently merged with Edge Group, the largest independent marine broker in the Scandinavian market.
Further, Lockton noted that it will continue to invest to attract the very best people in the region and has placed its associates at the centre of its growth strategy in Norway, Denmark and now Sweden. Further hires are pending in Sweden and throughout the wider region to serve the growing demand for unencumbered client service.
Associates will work seamlessly across borders as part of the broker’s global team. Immediately, Lockton in Sweden will provide cover across most existing Nordic product lines, working alongside other Lockton associates globally to continue to provide service to its local, regional, and international clients.
“Lockton is highly invested in the region, there is incredible talent and we are thrilled to be building a team in Sweden, alongside our established businesses in Norway and Denmark. As ever, our focus is on providing an outstanding service to our clients, and the opening of our office in Stockholm means we will be well placed to bring our proposition to even more clients in the region,” said EJ Hentenaar, Lockton’s European Chief Executive Officer.
“We established Lockton Norway 11 years ago, started our fabulously successful Denmark office over two years ago and, since then, our Nordic business continues to go from strength to strength. We see so many opportunities for the future and are excited to continue building Lockton in the region, with a clear focus on meeting client needs and preserving our unique, caring culture.
“Our people are very much at the centre of this expansion, and we continue to invest to attract and retain the very best talent, whilst providing the opportunities for growth that come with being part of the world’s largest privately-owned insurance broker.”