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 opening an office in Stockholm earlier this year.
EJ Hentenaar, CEO of Lockton Europe, commented, “We increased Lockton’s presence in the region three years ago and since then, our Nordic business has grown significantly as a result of high demand and our deep knowledge in the industry. During that time, we opened several offices and welcomed some of the best talent in the market, due, in no small part, to our supportive culture and opportunities for growth to be part of the largest private owned insurance broker in the world. .”
Located in Oslo, the office also established a People Solutions function, which helps clients drive employee understanding, engagement, and satisfaction through comprehensive benefits packages.
The business will make 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 the existing Professional Services, Financial Institutions, M&A and Marine and Transportation teams.
Hentenaar concluded, “Clearly from our rapidly growing specialist areas, Lockton Norway is a career destination for brokers who want to be surrounded by experienced colleagues, have an ambitious mindset and are well matched of talent and passion for their respective fields. I am confident that our new Energy and People Solutions divisions will further enhance our market position and help us continue to attract some of the most talented individuals in industry.
