Lockton launches Yoder-led digital office

By Isha Marathe

Feb 13 - (The Insurer) - Lockton has launched a digital office meant to centre the use of data analytics at the broker, with the unit led by Claude Yoder, who was named chief data, analytics, and digital officer.

Yoder has served as Lockton Re's global analytics leader since 2019 and worked on the creation and development of the proprietary analytics and operational platform SAGE.

"This is an exciting opportunity to advance our data and technology capabilities," Yoder said.

"Lockton's commitment to digital excellence underscores its dedication to staying ahead of industry trends and meeting the evolving needs of our clients. With the establishment of the Digital Office, Lockton is poised to set new standards in the insurance brokerage industry, ensuring sustained growth and success in the digital age."

The digital office will focus on digital transformation and growth across all aspects of data, analytics, and technology. By leveraging new tech and data-driven insights, the office aims to enhance client value, drive operational efficiencies, and strategic decision-making, the company said.

"This move, along with our commitment to investing in a digital office, underscores the importance of digital, data and analytics to Lockton's global strategy," said Ron Lockton, chairman and CEO.

"We are dedicated to providing our clients with valuable insights and unparalleled service driven by leading edge, digital data, and analytic tools."