Lockton Scotland Celebrates 10 Years in Business with Impressive Year-on-Year Growth

21/06/2024

Lockton Corporate Scotland proudly celebrates its 10-year anniversary following the opening of their offices in Aberdeen and Glasgow. The company attributes its remarkable success to an unwavering commitment to client service and a distinct business approach.

Since its inception, Lockton Corporate Scotland has achieved impressive double-digit growth year after year. This consistent growth is driven by a profound understanding of industry dynamics, proactive market trend assessments, and an unwavering pursuit of excellence in client service.

Gordon Duncan, Partner and Head of Corporate for Lockton Scotland has been instrumental in steering the company towards its current success. With 35 years of industry experience, Gordon oversees the strategic, financial, operational, and compliance aspects of the business. His dedication to making a difference for clients is central to Lockton’s client-focused approach.

Under Gordon Duncan’s leadership, Lockton Corporate in Scotland serves a diverse range of high-profile UK and Scottish businesses across sectors such as construction, hospitality, leisure, manufacturing, real estate, transportation, and logistics. Notable clients include Scottish Leather Group, The Malcolm Group Limited, Smart Metering Systems plc, API Limited, The Anderson Group Ltd and FES Limited & Forth Holdings.

Lockton boasts an extraordinary 97% client retention rate, solidifying its reputation by retaining existing clients and attracting new business. The secret to Lockton’s success lies in its associates’ dedication to client service and commitment to making a tangible impact on clients’ businesses. Gordon Duncan expressed, “Lockton Corporate Scotland is thrilled to celebrate 10 fantastic years. We operate as a practitioner-led business, empowering our team of 28 colleagues to advocate for our clients and achieve the best results.”

The company’s strategic approach includes developing industry verticals, leveraging significant market share to provide tailored solutions, peer comparisons, and thought leadership. Lockton is dedicated to expanding its presence across all sectors, using its insurance expertise to design innovative solutions for clients’ evolving needs.

David Archer, Group Managing Director of Corporate at The Malcolm Group Limited, praised Lockton, stating, “We appointed Lockton as our broker in 2020, and since then, they have consistently delivered excellent commercial results at renewal. They have also provided us with strong, expert guidance throughout our partnership. We have forged a genuine partnership with Lockton and rate their quality of service, ability, and willingness to support our business as second to none.”

David Elilio Finance Director of McPherson Ltd said: “Lockton is a trusted partner to the McPherson business and have always delivered an excellent service both in terms of securing the right cover on the best terms and in helping manage claims.  We feel valued as a client and know that when we turn to them for help or advice they will be there to assist and provide solutions quickly.  A big congratulations to Gordon and the whole Lockton Corporate Scotland team on their 10th anniversary.”   

Craig Thomson MBE, Legal Director and Company Secretary of FES Holdings & Forth Holdings agrees: “On behalf of both FES Holdings and Forth Holdings, we are extremely satisfied with the advice, support and assistance we get from Lockton Corporate Scotland for all our insurance needs and requirements. In particular, we are incredibly impressed with the quality of their staff and their dedication to our business. They have really got to know and understand our business, which helps immensely when it comes to offering us the best insurance advice to protect our business. In all our years of experience in this industry, some people stand out for their great qualities and the Partner and Head of Corporate in Scotland for Lockton Corporate Scotland, Gordon Duncan, is one of those people.  

Thomson added, “He is well known for his personality qualities, intelligence, work ethic, positive attitude, teamwork mentality and leadership skills. He is well respected throughout our business for being the ‘go to’ person for certain skills, getting things done and meeting short timelines. He has shown over recent renewals that he is able to obtain the best terms and conditions for our business with the respective insurers. He leads a dedicated, hardworking and enthusiastic workforce, all of which helps benefits our business. As a long-standing family-owned business for over 60 years, we pride ourselves on building and developing long and successful relationships and getting to know and understand our clients and our service providers. We believe Lockton Corporate Scotland have exceeded our expectations in respect of delivering a first-class bespoke insurance programme tailored to meet our complex and demanding needs in a challenging and ever changing market. We are proud to be associated with Lockton Corporate Scotland as they celebrate their 10th anniversary and look forward to working with them for many more years to come.”

Duncan added, “Our client retention rate speaks for itself. We have built a phenomenal business, and I look forward to continuing to work with the team and our valued clients.”

Lockton Corporate Scotland’s decade-long journey is a testament to its strategic vision, exceptional client service, and the relentless pursuit of excellence. As it looks to the future, Lockton is poised to continue its upward trajectory, making a lasting impact on the industry and its clients.

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