Lockton Appoints New Chief Operating Officer for U.S. Operations
Lockton has recently made a significant leadership change by naming Nick Serrault as the Chief Operating Officer for its U.S. operations. This is a strategic move for the firm, which is renowned as the largest privately held independent insurance brokerage in the world.
Nick Serrault: A Proven Leader
Bringing nearly two decades of industry experience to the role, Serrault has shown exceptional leadership capabilities during his nearly ten years at Lockton. Most recently, he served as the COO of Lockton Dunning, where he played a critical role in steering the People Solutions division. His leadership led the regional team through a notable period of growth, achieving consistent double-digit increases in business.
Excitement for the Future
Tim Ryan, Lockton's U.S. President, expressed confidence in Serrault's abilities, stating, "Nick is a trusted leader with a strong track record of success and I'm excited to partner with him." This partnership aims to extend Serrault's successful strategies from Lockton Dunning to a national scale, reinforcing Lockton's status within the insurance sector.
Transitioning Roles and Responsibilities
As Serrault takes on his new responsibilities, he will continue to be based in Texas. He expressed his enthusiasm for his transition at Lockton, saying, "Working with the Lockton Dunning team has been one of the highlights of my career." He believes in the company’s vision for growth and collaboration, indicating a commitment to bringing this ethos to the broader operations.
Mark Kuonen's New Role
With Serrault's promotion to COO, Mark Kuonen has been advanced to succeed him at Lockton Dunning. Kuonen, who has dedicated 18 years of service to Lockton, will now oversee operations and business development in key regional markets. His extensive experience positions him perfectly to continue the momentum established under Serrault's leadership.
Kuonen's Insights and Vision
Kuonen expressed his honor in taking on this new role, stating, "We've built an incredible team and a strategy that's working, and we are well positioned for long-term growth and continued success." His leadership will be essential as Lockton continues to expand its operations across various landscapes.
About Lockton
Lockton's unique position as an independent entity allows its 13,100+ associates to focus solely on clients' needs without conflicts of interest. Serving in over 155 countries, Lockton's commitment to understanding and managing risk tailors its services to achieve outstanding results for its clients.
Frequently Asked Questions
Who has been appointed as the new COO of Lockton?
Nick Serrault has been appointed as the Chief Operating Officer for Lockton's U.S. operations.
What was Nick Serrault's previous position before his promotion?
Before his promotion, Nick Serrault served as the COO of Lockton Dunning, leading the People Solutions business.
How long has Mark Kuonen been with Lockton?
Mark Kuonen has been with Lockton for 18 years and has taken on a new role succeeding Serrault.
What are Lockton's strengths as a company?
Lockton's strengths lie in its independence, allowing its associates to focus exclusively on clients' risk and insurance needs, which drives innovation and adaptability.
Where does Lockton operate?
Lockton operates in over 155 countries worldwide, providing tailored risk management and insurance brokerage services.
