Lockton appoints Stéphane Lespérance as CEO of its Canadian Business

This appointment highlights the companys commitment to providing stronger advisory services and support for businesses across Canada.

Stéphane Lespérance is widely recognized as a leading executive in the Canadian insurance industry. He joins Lockton after 24 years at Aon Canada, where he held several senior leadership roles, serving as President since 2019 and President, and CEO since 2025.

Throughout his career, he has helped large multinational organizations across North America, Europe, and Asia develop complex risk management strategies and improve client service. He has also built and led high-performing advisory teams.

His appointment supports Locktons strategy of building a Canadian led organization focused on helping businesses manage evolving risks and workforce challenges in an increasingly complex business environment.

Lockton’s strategy in Canada is focused on bringing its independent, privately owned business model to companies that need more personalized advice on risk management and workforce related challenges. The company aims to support both mid sized, and large organizations with tailored solutions.

The Canadian business will combine local leadership and market expertise with the resources of Lockton’s global network. This approach will allow the company to offer specialized products and services while better supporting businesses operating across Canada.

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The appointment builds on Locktons long history of serving Canadian clients and multinational companies with operations in Canada. The company plans to share more details in the coming months as it expands its Canadian leadership team, strengthens its local presence and enhances its advisory services.

"More than ever, Canadian businesses need a partner who understands the increasingly complex risk environment they face, from trade and supply chain uncertainty and cyber threats to workforce pressures, rising benefits costs, climate resilience and sector-specific challenges," said Stéphane Lespérance, incoming Chief Executive Officer of Lockton's Canadian retail business. "Lockton's independent model is highly relevant to the Canadian market today.

"Canada is one of the world's top 10 insurance markets, a sophisticated, globally connected economy where businesses are navigating increasingly complex, interconnected risks," said Ron Lockton, Chairman and CEO, Lockton. "Through our longstanding relationships in Canada, we've consistently heard the need for deeper specialization and a truly client-centric advisory model. Lockton's independent structure allows us to meet that need in a meaningful way.

About Lockton 

Founded in 1966, Lockton is the worlds largest privately held insurance brokerage. Its independent ownership allows the company to focus entirely on helping clients manage risk, and insurance needs. With nearly 15,000 associates serving clients in more than 160 countries, Lockton combines global expertise with personalized service to deliver strong results. In Canada the company operates as Lockton Brokers ULC.

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