Global insurance broker Lockton has announced the appointment of Mark Drummond-Brady as Advisor to the Senior International Leadership Team, effective July 1, 2023.
Drummond-Brady, a highly experienced insurance industry veteran with over 40 years of expertise, will provide valuable advice and counsel to support Lockton’s ongoing growth plans.
Drummond-Brady’s career in the insurance sector began in 1981 when he joined the former Hogg Robinson as a broker after serving in the British Army. In 1987, he joined Lloyd Thompson Plc and played a pivotal role ahead of the merger that created the Jardine Lloyd Thompson Group (JLT Group).
Over the years, Drummond-Brady held various senior leadership positions within the organisation and eventually became Executive Director of JLT Group in 2010.
Following Marsh McLennan’s acquisition of JLT Group in 2019, he assumed the role of Vice Chairman at Marsh and played a key role in successfully integrating the two companies before resigning in 2022.
Drummond-Brady also served as Chairman of the Lloyd’s and City of London branch of the Royal British Legion from 2007 to 2022 and also spent two terms on the board of the Council of Insurance Agents and Brokers (CIAB).
Commenting on the appointment, Chris Brown, President of Lockton International, highlighted Drummond-Brady’s leadership qualities and extensive industry knowledge, emphasising the value he will bring to Lockton’s growth strategy.
Brown stated, “Mark is a leader in the insurance industry, having been at the forefront of it for nearly four decades. His exceptional level of market knowledge, industry acumen, and counsel will be invaluable as we continue to grow. Welcoming someone of Mark’s caliber to our senior leadership team is a statement of intent and will further support our development as a business and our client focus.”
EJ Hentenaar, European Chief Executive Officer of Lockton, expressed his enthusiasm for Drummond-Brady joining the company, highlighting the shared values between Lockton and the newly appointed advisor.
Hentenaar emphasised that Drummond-Brady’s knowledge and experience will be recognised as invaluable by Lockton’s associates, clients, and trading partners.
Hentenaar stated, “Lockton continues to attract great talent from within our industry as well as outside of our market. Mark’s arrival will allow us to continue to grow, while never losing sight of the approach, values, and culture that make us different.”
Mark Drummond-Brady himself expressed his delight in joining Lockton, commending the company’s impressive performance and ambitious growth plans. He acknowledged Lockton’s independence and retained values, which he believes sets the company apart from its peers and provides a strong foundation for its continued scaling.
Drummond-Brady conveyed his eagerness to work closely with the executive team to maintain the momentum Lockton has achieved in recent years.
