Lockton, the world’s largest independent insurance broker, has announced the appointment of Shelley Wright as the new Head of UK Commercial Wholesale.
Wright will be joining the team to work alongside David Lee, the current Head of UK Commercial Wholesale, in a smooth transition of roles as he approaches retirement after an impressive 49-year career in the insurance industry, with the last 11 years spent at Lockton.
During Lee’s tenure, Lockton UK’s Commercial Wholesale division has experienced remarkable growth, with the business unit achieving an average revenue increase of 35% year on year over the past three years alone.
Wright brings with her an extensive 36 years of industry experience, having held significant roles at various prestigious firms. Her most recent role was as the Director of Standard Propositions EMEA at Swiss Re Corporate Solutions, preceded by her position as the Head of UK Regional Business at the same company.
Wright has also contributed her expertise to other esteemed organisations such as Lorega Ltd, Groupama, GAN Minster, Fortis Insurance Ltd, and Catterall Insurance Services.
Tony Hardy, Head of Lockton P&C, expressed his confidence in Shelley’s ability to take the Commercial Wholesale team to new heights, noting the impressive growth the team has achieved in recent years, generating nearly £3 million in brokerage income per annum and placing approximately £34 million of premium into the market.
Lee expressed his contentment with the choice of Shelley as his successor, highlighting her decades of experience and valuable industry relationships that will undoubtedly play a pivotal role in realising the team’s future opportunities.
In her statement, Wright expressed enthusiasm about Lockton’s ambitious strategy for the Commercial Wholesale team and emphasized the unparalleled growth and development opportunities available within the organization. She affirmed her commitment to maintaining the team’s momentum and further enhancing its market position.
