DUBAI, United Arab Emirates, June 5, 2014 /PRNewswire/ -- Lockton, the largest privately held insurance broker in the world and 9th largest overall, today announced the appointment of Ian Walton as Chief Executive Officer of Lockton Insurance Brokers (LLC), UAE. Ian will be responsible for developing and managing Lockton's expanding client base in the UAE.
Wael Khatib, Senior Partner & Chairman, Lockton (MENA) Ltd said, "We are delighted to welcome Ian to our senior management team. Ian's extensive experience complements our distinctive approach that delivers practical and reliable solutions to our clients, providing an important opportunity to meet and exceed their unique and diverse needs."
Commenting on his role and appointment Ian Walton added, "I am thrilled to be joining Lockton and look forward to working closely with their clients and continuing to provide the level of service and advice for which the company is renowned."
Prior to his appointment, Ian held senior international positions in both the insurance broking and underwriting sectors, with over 25 years working experience in the UAE and the Middle East
More than 4,950 professionals at Lockton provide 35,000 clients around the world with risk management, insurance and employee benefits consulting 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 insurance broker in the world and 9th largest overall.
Independent researcher Greenwich Associates has awarded Lockton its Service Excellence Award for risk management for large companies. For four consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance."