Prime Highlights
- Lockton has named Stéphane Lespérance as CEO of its newly established Canadian business, strengthening its expansion plans in Canada.
- The company aims to combine local leadership with its global network to deliver tailored risk and workforce advisory services to Canadian businesses.
Key Facts
- Lespérance brings nearly 30 years of risk management experience and spent 24 years at Aon Canada, serving as President and CEO before joining Lockton.
- Lockton operates in more than 160 countries and is the world’s largest privately held independent insurance brokerage.
Background
Lockton, the world’s largest privately held independent insurance brokerage, has appointed Stéphane Lespérance as Chief Executive Officer of its newly established Canadian business, bringing in one of the country’s most recognized names in the insurance sector.
Lespérance brings close to 30 years of experience in risk management to the role. He spent 24 years at Aon Canada, where he rose through the ranks to become President in 2019 and President and Chief Executive Officer in 2025.
His work centred on building risk strategies for large multinational organizations across North America, Europe, and Asia.
Ron Lockton, Chairman and Chief Executive Officer of Lockton, said Canada’s size and complexity made the market a natural next step for the firm. “Canada is one of the world’s top 10 insurance markets, a sophisticated, globally connected economy where businesses are navigating increasingly complex, interconnected risks,” he said. He added that Lespérance’s experience and credibility made him the right person to lead that charge.
Lespérance said Canadian businesses are under more pressure than ever before. He pointed to trade uncertainty, cyber threats, rising benefits costs, climate risks, and workforce challenges as areas where companies need stronger advisory support. “Lockton’s independent model provides the freedom to build a truly client-centric platform, allowing us to focus on long-term client success,” he said.
Lockton’s strategy in Canada will pair local leadership with the firm’s global network. The company is targeting mid- and large-market businesses that need more tailored advice across risk and workforce-related challenges.
Beyond his corporate roles, Lespérance serves as chair of the Insurance Institute of Canada’s board of governors. He studied risk management at Université du Québec à Montréal and later completed executive leadership programs at Kellogg and Chicago Booth.
Lockton said it will share further details on its Canadian leadership team and market plans in the months ahead.
