Lockton is the world’s largest privately owned, independent insurance brokerage firm, and the eight largest overall,with 4,000 Associates and 55 offices around the world. Henry Dyson is Lockton's Vice Chairman, he recently spoke to SaluteMyJob about their experiences in hiring veterans and how Lockton feels about doing more to get more former Service men and women into civilian employment.
Lockton’s international insurance business (Lockton Companies LLP) provides insurance and reinsurance broking, risk and insurance programme management and consulting, alternative risk finance, claims management and insurance products and services. Lockton provides more than 15,000 clients around the world with insurance, benefits, and risk management services, offering an uncommon level of client service. Clients across the globe count on Lockton for risk management, insurance and employee benefits.
Q1: The covenant is an MOD initiative whereby companies pledge their support to the Armed Forces, veterans and their families. (a) Are you aware of the Armed Forces Covenant and, if so, has your company signed it? (b) If not, is this something that you would consider doing? (c) What actions are you taking to fulfil your armed forces corporate covenant pledges?
Yes we have signed it. We actively participate in the Lloyd's Military Network Placement Programme. We allow reservist soldiers additional leave, we actively employ where possible veterans, we contribute to the Lloyd's Patriotic Fund.
Q3: What values, skills and behaviours do (or would) former Service men and women bring to your workforce?
- Proactive, self starter.
- Integrity based leadership and independent thought.
- Completer, finisher mentality.
- Able to provide concise analysis and make decisions.
- Manage relationships and projects very well.
Q4: Within your company, what roles do you find ex military people are best suited to?
A variety of roles depending on the individual
Q5: What barriers do you see to employing ex-military talent? What would make it easier?
Lack of business experience and industry knowledge - very little can be done to overcome this other than application of the individual to over come these problems.
Q6: In your view, what can employers best do to help former Service men and women transition into commercial employment?
Offer work placement programmes