KANSAS CITY, Mo., Oct. 6, 2016 /PRNewswire/ -- Lockton Companies has been named a "Best Place to Work in Insurance" for the eighth straight year by Best Companies Group and Business Insurance magazine. Lockton is the world's largest privately held, independent insurance broker.
"This award is a testament to the special culture at Lockton and our Associates' drive to help make our clients' businesses better," said John Lumelleau, President and CEO of Lockton, Inc. "As we also celebrate our 50th year, we look forward to continuing to be an employer of choice."
Lockton is the only top 10 global broker to ever receive the Best Places to Work in Insurance Award.
In its recently completed fiscal year, the company generated organic growth of more than 10 percent, revenues of $1.34B, and maintained its client retention rate of 96 percent. The company has generated 50 consecutive years of organic growth.
Best Companies Group evaluates brokers and insurers through a two-part survey process. One part evaluates workplace policies, practices, philosophy, systems, and demographics, worth approximately 25 percent of the score. The second part is an employee survey to measure the Associate experience, worth approximately 75 percent of the evaluation. Best Companies Group managed the overall registration and survey process, analyzed the data, and determined the final rankings for this program. For more on the award program connect with BestPlacestoWorkINS.com.
More than 6,000 professionals at Lockton provide 50,000 clients around the world with risk management, insurance, employee benefits consulting, and retirement services that improve their businesses. From its founding in 1966 in Kansas City, Missouri, Lockton has attracted entrepreneurial professionals who have driven its growth to become the largest privately held, independent insurance broker in the world and 9th largest overall. For eight consecutive years, Business Insurance magazine has recognized Lockton as a "Best Place to Work in Insurance." To see the latest insights from Lockton's experts, check Lockton Market Update.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/8-straight-lockton-named-best-place-to-work-for-eighth-consecutive-year-300340877.html