US-based Lockton snaps up Alexander Forbes IRS

Alexander Forbes International Risk Services (AFIRS), the international insurance and risk management arm of Alexander Forbes, has been acquired by US broker Lockton creating, what it claims to be, the largest independent and privately owned global insurance broker.

The £90.2m transaction is expected to be completed by 31 October 2006, subject to regulatory approvals, and will operate as Lockton International Holdings and remain based in London.

Stewart McCulloch, ceo of AFIRS, who will become

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: