Independent insurance brokerage Lockton has established a digital office to focus on data, analytics and technology strategies across its operations.
The initiative is intended to enhance digital and data capabilities while developing solutions for clients.
Claude Yoder (pictured above), who has served as Lockton Re’s global analytics leader since 2019, has been appointed chief data, analytics and digital officer. Yoder has contributed to Lockton Re’s growth, including the development of the proprietary analytics and operational platform SAGE, which has received two patents.
“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 Rob Lockton, chairman and chief executive officer of the company.
The digital office will focus on advancing digital transformation, data utilization and technology integration. It will aim to improve operational efficiencies and support strategic decision-making by using digital tools and data-driven insights.
Lockton plans to integrate these capabilities across its business segments, allowing for more effective risk assessment, modeling and advisory services.
“This is an exciting opportunity to advance our data and technology capabilities,” said Yoder.
“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,” he added.
