The world's largest privately held insurance brokerage, Lockton Companies offers risk management services, commercial property/casualty insurance, surety bonds, merger and acquisition support, and employee benefit planning services. Initially targeting construction businesses, Lockton has expanded its expertise to other industries including energy, health care, entertainment, hospitality, manufacturing, retail, and transportation. The firm operates from about 30 offices in the US and another 30 offices in Latin America, Asia, Europe, and the Middle East to serve corporate clients worldwide. Lockton was founded in 1966 by Jack Lockton, brother of chairman David Lockton. It is owned by company executives.