The world's largest privately held insurance broker, Lockton,says it posted record revenues in 2013, topping more that $1billion for the first time.
|The Kansas City, Kan.-based broker says fiscal 2013 revenuesincreased 11 percent last year to $1.02. Its fiscal year ends April30. This is the 47th consecutive year the firm says it hasincreased its revenues.
|“Our focus has always been about earning client loyalty andearning new business by making a difference for our clients,” saysDavid Lockton, chairman, adding that with exceptional performance,the revenue would follow.
|John Lumelleau, president and CEO say the firm's global positionallows it to service its client's interests and it “is a directresult of our associates building trust with ourclients.”
|Lockton provides risk management and employee benefitsconsulting to more than 35,000 clients around the world with 4,950associates in 64 offices in North America, Europe, South America,Asia, and Australia.
|Founded in 1966 in Kansas City in 1966, and firm has grownprimarily through organic growth rather than acquisition.
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