Independent insurance broker Lockton has announced the appointment of Matt Kendle as head of its newly formed construction and design business.
The executive joins Lockton from Marsh, bringing more than two decades of experience His experience in construction and infrastructure insurance and brokerage will help him adapt to his new role.
At Marsh, he most recently served as managing director, leading the company’s international construction industry offerings.
Kendle’s appointment follows Lockton’s recent strategic move to merge construction-related teams across the business into a unified team of 70 people.
Under Kendle’s direction, the business integrates a number of specialist divisions including UK and international construction, energy and power, contractors and design firm professional liability, casualty construction, surety and claims teams.
Gary Doran, head of Lockton’s global energy and power and construction practices, said: “The construction industry is at the heart of Lockton’s heritage. The creation of a dedicated business unit under Matt’s leadership underscores our long-term commitment to delivering market-leading risk management and advisory services to clients around the world.
“With ambitious growth plans in London, the US and globally, Matt’s industry credibility and relationships make him a perfect fit for our client-first culture.”
consolidate Lockton’s Construction related team Strengthening the broker’s commitment to the construction industry, which has been the firm’s core business since its founding in Kansas City in 1966.
Lockton said the new business will play a key role in driving the next phase of Lockton’s growth strategy in the UK, US and other international regions, while expanding its portfolio of construction and infrastructure clients.
Commenting on his appointment, Kendle said: “Lockton has built a practice that is widely respected within the construction and infrastructure sectors, it speaks for itself and it is a privilege to join the industry.
“Creating a team of 70 people is a strong indication of our intention and commitment to support clients at a critical time, as the industry is being fundamentally reshaped by growing client demand for smarter, integrated risk thinking.
“I’m excited to lead this new team and help drive Lockton’s next phase of growth ambitions in the UK and its international operations.”
