Lockton taps 35-year JLT/Marsh veteran to fuel international growth strategy

Global re/insurance broker  Lockton has appointed an advisor, with Lloyd’s, Marsh/JLT pedigree, to its senior international leadership team to support its growth plans.

Mark Drummond-Brady is joining the broker on July 1, he will provide advice and counsel to Lockton’s leadership team on its future growth strategy.

Drummond-Brady has enjoyed a career of more than 40 years in the insurance sector. He began his career in 1981 as a broker at the former Hogg Robinson after serving in the British Army, and joined Lloyd Thompson in 1987, ahead of the merger which created the Jardine Lloyd Thompson Group (JLT Group).

Drummond-Brady went on to hold a range of senior leadership roles, before becoming executive director of JLT Group in 2010. He then took on the role of vice chairman at Marsh, following Marsh McLennan’s acquisition of JLT Group in 2019. He played a key role in the integrating Marsh and JLT before resigning in 2022.

In addition, he served as chairman of the Lloyd’s and City of London branch of the Royal British Legion between 2007 to 2022, and spent two terms on the board of the Council of Insurance Agents and Brokers (CIAB).

Chris Brown, president of Lockton International, said: “Mark is a leader in the insurance industry, having been at the forefront of it for nearly four decades. His exceptional level of market knowledge, industry acumen and counsel will be invaluable as we continue to grow. Welcoming someone of Mark’s calibre to our senior leadership team is a statement of intent and will further support our development as a business and our client focus.”

EJ Hentenaar, European chief executive officer, of Lockton, said: “Mark shares so many of the values of Lockton, bringing with him the knowledge and experience that our Associates, Clients and Trading Partners will recognise as invaluable to us. Lockton continues to attract great talent from within our industry as well as outside of our market. Mark’s arrival will allow us to continue to grow, whilst never losing sight of the approach, values and culture that make us different.”

Drummond-Brady commented: “I am delighted to be joining Lockton at such an exciting time for the business, having watched it progress from afar for several years. Lockton has even more ambitious growth plans, which are credibly grounded in its impressive performance in recent years. Lockton remains proudly independent and has retained its values, which sets it apart from many peers in the market and provides a solid foundation as the business continues to scale. I look forward to working closely with the executive team to maintain this momentum.”

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