Lockton Re

What Lockton Re does

Lockton Re is the reinsurance division of Lockton, the world's largest privately held independent insurance brokerage. Operating from its headquarters at The St. Botolph Building in London under FCA authorization, Lockton Re provides reinsurance placement, advisory, and capital solutions to insurance and reinsurance clients globally through its relationship-based enterprise field sales motion. The company is part of a privately held group founded in 1966 that reported approximately $4.5 billion in FY2026 global revenue, with 12% year-over-year growth and 11% organic growth — the sixth consecutive year of double-digit organic growth.

The company's core product set centers on full-service reinsurance brokerage, supplemented by the Lockton Re SAGE proprietary analytics platform (with associated registered patents) and the Agentforce 360 Platform — Salesforce's agentic AI platform deployed via a Synechron partnership, enabling autonomous AI agents to reason, decide, and act across the global Salesforce enterprise environment. Revenue is generated primarily through commissions on reinsurance placements and fees for advisory services around reinsurance and capital needs, with pricing structured on a quote-based, not-publicly-disclosed basis.

Strategically, Lockton Re has prioritized geographic and product-line expansion: it launched a dedicated Insurance-Linked Securities (ILS) Platform for Brazil in 2025 via locally licensed Special Purpose Securitization Entities (SSPE), secured a reinsurance licence in Saudi Arabia with the appointment of Mohammed Al Rowais as CEO for Reinsurance, and continues to invest in proprietary analytics and agentic AI capabilities. As a privately held entity with no disclosed funding rounds or external institutional investors, Lockton Re's growth has been funded organically, supported by sustained double-digit organic revenue compounding at the parent level.

Name

Lockton Re

Legal name

Lockton Re LLP

Website

https://locktonre.com

Company type

Private

Founded year

1966

Operating status

Operating

Short description

Lockton Re is the reinsurance brokerage and advisory division of Lockton, the world's largest privately held independent insurance broker. It provides reinsurance placement, capital advisory, and risk transfer solutions to insurance and reinsurance clients globally, supported by proprietary analytics (SAGE) and agentic AI capabilities.

Ownership category

akta.pro rank

Product category

Reinsurance Brokerage

NAICS

Finance and Insurance (52)

SIC

Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Surety & Credit Reinsurance (FSAOADAD)

Keywords

• Reinsurance brokerage
• Reinsurance advisory
• Capital solutions
• Insurance-linked securities
• Risk transfer

Headquarters

HQ city

London

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Reinsurance Brokerage Services: Lockton Re operates as a reinsurance broker providing advisory, placement, and structuring services. Revenue is generated through commissions on reinsurance placements and fees for advisory services around reinsurance and capital needs.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Lockton Re is the reinsurance business of Lockton, the world's largest privately held independent insurance broker. The firm provides reinsurance placement, advisory, and capital market solutions, delivering technical, strategic, analytical, and statistical expertise to insurance and reinsurance clients globally. Operations are headquartered in London, with the entity operating as Lockton Re LLP, authorised and regulated by the Financial Conduct Authority.

Product overview

Lockton Re operates as a unified reinsurance platform offering a comprehensive suite of products and services centered around its proprietary Lockton Re SAGE analytics platform and Agentforce 360 AI platform. The core offering combines traditional reinsurance placement services with advanced analytics and autonomous AI capabilities, supplemented by specialized Insurance-Linked Securities (ILS) solutions for specific markets like Brazil. The company leverages Salesforce integration to deploy AI agents across its global operations, providing technical, strategic, analytical, and statistical expertise backed by industry leading experience.

Differentiator

Problem solved

Functional benefit

Brands

• Lockton Re SAGE: Proprietary analytics platform of Lockton Re
• Agentforce 360 Platform

Products and services

• Reinsurance Placement Services
• Reinsurance Advisory and Capital Solutions
• Insurance-Linked Securities (ILS) Platform - Brazil

Quantifiable outcome

• Six consecutive years of double-digit organic growth

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability3 records

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• SynechroncoreTechnology or IntegrationSynechron supported Lockton Re's launch of Agentforce 360 Platform, Salesforce's agentic platform. This partnership enabled the deployment of autonomous AI agents that reason, make decisions, and take action across trusted non-personal enterprise data within Lockton Re's global Salesforce environment.
• SalesforcecoreTechnology or IntegrationSalesforce's Agentforce 360 Platform (agentic platform) is deployed within Lockton Re's global Salesforce environment. This enables autonomous AI agents to operate across Lockton Re's enterprise data systems.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Munich Re: One of the world's largest reinsurers. While Lockton Re is a broker (not an underwriter), Munich Re is a critical counterparty and market-shaping incumbent whose pricing decisions directly drive brokerage demand.
• Swiss Re: Global reinsurance incumbent and competitor-adjacent counterparty for Lockton Re placements. Anchors reinsurance market cycles that determine Lockton Re's commission economics.

Emerging players

• Howden: Independent insurance and reinsurance broker with growing reinsurance capabilities post-Tiger Howden combination. Overlaps with Lockton Re on reinsurance advisory and specialty placements for mid-to-large cedents.
• TigerRisk Partners: Independent specialty reinsurance advisory and capital markets firm. Closely comparable as a private, analytically driven reinsurance intermediary pursuing similar advisory and ILS structuring mandates.
• BMS Group: Independent specialty insurance and reinsurance broker with growing treaty capabilities. Competes for similar specialty and capital-solutions mandates as Lockton Re.

Direct peers

• Guy Carpenter: The reinsurance brokerage arm of Marsh McLennan and the largest dedicated global reinsurance intermediary. Directly comparable to Lockton Re as a reinsurance broker offering placement, advisory, and capital solutions to cedents worldwide.
• Aon Re: Aon's reinsurance solutions division, part of one of the 'Big Three' global insurance brokers. Competes head-to-head with Lockton Re for treaty placements and reinsurance advisory mandates across all major lines.
• WTW Re: The reinsurance brokerage division of WTW (formerly Willis Re). Direct competitor in treaty placement, capital advisory, and analytics-driven reinsurance broking with comparable global geographic footprint.
• Gallagher Re: The reinsurance and large-risk specialty practice of Arthur J. Gallagher. Competes with Lockton Re across treaty and facultative placements and is a clear mid-to-large scale brokerage peer.

Others

• Artex Risk Solutions: Captive insurance management and formation specialist. Adjacent to Lockton Re's risk transfer and capital solutions practice and a possible partner or competitor for captive reinsurance structuring work.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights5 records

Customer concentration

• YouTubevimeo.com/locktonre
• LinkedInlinkedin.com/company/locktonre

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lockton Re