KANSAS CITY, Mo., Sept. 15, 2011 /PRNewswire/ -- Lockton, the world's largest privately held insurance broker, has earned a leading spot among business information technology innovators in the InformationWeek 500 competition. Lockton earned the #70 position in the rankings, the top ranking among insurance brokers. This is the second consecutive year that Lockton has earned a spot in the InformationWeek 500 awards.
The program honors companies for their innovative use of technology to solve business problems. Lockton earned the recognition for Lockton's Advanced Risk Metric Resource (Lockton ARMR), Lockton's business intelligence tool used to help clients compare property and casualty programs, track market trends, and benchmark pricing.
"This is another well deserved honor and recognition for Lockton and our use of technology," said David Robinson, Lockton's Chief Information Officer. "Our clients are the ultimate beneficiaries of this technology. This data only has value if our clients and teams can use it to create smarter, better outcomes for their risk management programs."
"For 23 years, the InformationWeek 500 has chronicled and honored the most innovative users of business technology," said InformationWeek Editor In Chief Rob Preston. "In this day and age, however, being innovative isn't enough. Companies and their IT organizations need to innovate faster than ever before to stay a step or two ahead of their customers, partners, and competitors. This year's ranking placed special emphasis on those high-octane business technology innovators."
InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing, and also tracks the technology, strategies, investments and administrative practices of America's best-known companies. Top winners have included: The Vanguard Group, CME Group, Conway, National Semiconductor, Kimberly-Clark, Hilton Hotels and Unum. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders. Additional details on the InformationWeek 500 can be found online at http://www.informationweek.com/1309
More than 4,100 professionals at Lockton provide more than 15,000 clients around the world with insurance, benefits, and risk management services, offering an uncommon level of client service. From its founding in 1966 in Kansas City, Missouri, Lockton has grown to become the largest privately held insurance broker in the world and 9th largest overall. Independent researcher Greenwich Associates awarded Lockton its 2011 Service Excellence Award for risk management for large companies. For three consecutive years, Business Insurance has recognized Lockton as a "Best Place to Work in Insurance."