Lockton has a new president

Lockton, the firm that calls itself the world’s largest privately owned insurance brokerage, has a new president. From Monday, Leo Demer (pictured above) is taking on the role of president of Lockton’s Pacific Region and will be based in Sydney.

A Lockton Australia media release referred to Demer as a “transformational insurance leader” with more than 35 years’ of insurance industry experience.

“As we enter yet another chapter of business growth, Leo’s eye for talent and proven track-record will be invaluable for Lockton as we continue to set the gold standard for what outstanding client service looks like,” said Paul Marsden, CEO of the firm’s Australia and Pacific Region operations.

Demer’s responsibilities, according to the release, include accelerating the growth of Lockton across the region and working closely with Marsden.

Demer is a former CEO at JLT. The release also referred to his awards, including icare’s Lifetime Achievement Award in 2017.

Lockton is a global professional services firm with about 9,500 employees and over 65,000 clients, according to the release. The firm is headquartered in Kansas City, Missouri. The Australian operation is locally owned.