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30 May 2024 Insurance

Lockton swoops on rival WTW for new Swedish CEO in growth push

Global broker Lockton has lured WTW Sweden chief executive officer (CEO) to lead its Swedish operations, marking the latest hire in its Nordic growth strategy. 

Johan Lindvall (pictured) has been appointed as CEO of Lockton Sweden AB, joining in due course. William L’Orange will continue to serve as CEO of Lockton Sweden AB until Lindvall’s arrival.

Lindvall has over 20 years of experience and joins from Willis Towers Watson Sweden, where he has served as CEO. Lindvall has also managed Willis Towers Watson’s ‘Affinity’ insurance tech operation in Northern Europe since 2013. Prior to this, he held roles at Aon and Norwegian insurance firm Protector Forsikring.

The company said Lindvall’s appointment represents a “key milestone” for Lockton’s growth strategy in the Nordics. It follows the opening of the Stockholm office in January 2023 and a series of hires; namely senior vice presidents Johan Frithioff and Linda Fihlen, as well as vice president Niklas Thorell, who all joined from Howden. The team is further strengthened by Nordic insurance and risk management expert Christer Witeus.

The broker aims to build its offering across segments, industry verticals and specialties, focused on high-growth areas including multinational clients, embedded insurance, transactional risk & private equity, marine, professional and financial risk, energy, and real estate.

EJ Hentenaar, CEO of Lockton Europe, said: “Johan brings with him an abundance of experience and leadership to further build out our proposition in a key market. We already have a strong presence in Denmark and Norway, and Sweden represents the natural next step for us to build out our Nordic business. 

“Our focus continues to centre around taking great care of our clients, delivering business results, attracting the best leadership in the industry and building succession plans to guarantee perpetuity and long-lasting client service.”

Lindvall said: “I’m particularly drawn to Lockton’s unique cultural blend of innovation and cultivating deep, long-standing relationship with clients, and I’m thrilled to be joining the company during such an exciting period of growth. I look forward to executing upon the Swedish growth strategy, one that is founded on Lockton’s values of entrepreneurial spirit, a strong client focus and attracting the best talent, all while ensuring strong local empowerment.

“From my previous experience within the Swedish and Finnish markets, Lockton Sweden AB has a distinctive opportunity to complement the offering in Norway and Denmark. Between myself, Linda, Johan, Niklas and Christer, Lockton Sweden AB maintains a strong capability across Complex P&C and Construction to name a few key areas. Together with like-minded driven partners, we will build the best team in region!”

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