Fast-expanding US insurance brokerage Lockton has added to its recent acquisitions by taking a 50% stake in privately owned Turkish protection and indemnity (P&I) insurance broker Omni Sigorta for an undisclosed price.
The move follows Lockton’s acquisition of Italian broker P.L. Ferarri in 2016.
TradeWinds exclusively revealed Lockton was in discussions to buy a stake in Omni back in July this year.
