Lockton to acquire Zenith Insurance Services for $25m.

Lockton, an insurance, risk management, employee benefits and retirement services provider, agreed to acquire Zenith Insurance Services, an insurance broker, for $25m. “The combination of Zenith and Lockton brings together two specialist businesses who are extremely passionate about delivering genuine value to clients through true industry specialism. We share a relentless focus on providing exceptional client service and this is enabled by our undeniable investment in specialisms. We have a lot in common. Like Lockton, Zenith is a company founded on a simple idea: deliver the best service in the industry. With our shared industry leading client retention rates, our clients will continue to benefit from the level of service they deserve,” Paul Marsden, Lockton Pacific CEO.