Lockton Reports $4.5 Billion Revenue for Fiscal Year 2026

Lockton, the leading independent insurance brokerage, announced a 12% increase in revenue for fiscal year 2026, reaching approximately $4.5 billion. This growth is attributed to 11% organic expansion, highlighting the company's strong performance and commitment to investing in talent, technology, and global capabilities.

Despite challenging market conditions, including softened global property rates and pricing pressures in U.S. casualty lines, Lockton achieved balanced growth across its diversified platform. U.S. operations reported an eleventh consecutive year of double-digit growth, while international business saw a 15% increase driven by strength in People Solutions and specialty lines.

Lockton Re, the firm’s reinsurance arm, maintained its growth trajectory by expanding client relationships and investing in capital markets and advisory capabilities. The company's focus on technology and innovation includes significant investments in AI and analytics, epitomized by its Lockton SAGE platform aimed at enhancing client service and decision-making.