Lockton Global Financial Institutions practice has been awarded 'Best Insurance Service Provider 2022' at the Private Equity Wire European awards.
The category was voted for via an online poll accessible to the entire Private Equity Wire userbase. The awards ceremony saw service providers and equity fund managers meet at an event in London to recognise excellence in the market across a wide range of categories.
Over the past 12 months, the practice has continued to grow, using its deep sector knowledge, relationships with insurers and its status as an independent insurance broker to focus on delivering unique solutions to clients to support their success during challenging times.
Commenting on the award win, Senior Vice President of Lockton Global FI, Gareth Abbott said: ''The last two years have seen radical shifts in the insurance market, with Covid-19 playing a key role in a hardening market for clients. During this time of uncertainty, our team has worked proactively to optimise the services we provide, rolling out a streamlined renewals process alongside easier ways for clients to secure the best deals for their businesses.
''I would like to take this opportunity to thank the team working within Lockton's Private Equity Practice and our excellent network of A-rated insurers who have remained focused on delivering a market leading service for clients over the last year which we look forward to continuing to evolve in the year ahead.''
About Lockton Global FI
Located in the heart of the City of London with direct access to our insurer partners, our dedicated, experienced Global FI team combines risk and market expertise to deliver best-in-class solutions for our clients in the financial services industry.