Lockton has signed a deal to take occupancy of 47 – 50 Mark Lane in the City of London. The 250,000 sq ft at premises will almost double the firm’s London footprint. Lockton is set to move in during Q1 2030 following the completion of construction work.

The new location will serve as headquarters for Lockton’s international regions, supporting its businesses outside of North America. It will house Lockton Re, the firm’s reinsurance business.

EJ Hentenaar, CEO of Lockton Europe, said: “This is an exciting milestone for Lockton and a significant investment in our future. It reflects the support we have from our clients, the talent we continue to attract and our shared belief with our global network on the importance of having a strong, independent broker in the heart of the vital London insurance market.

“This move underscores our ambition to keep growing and evolving, 20 years after we opened our first European office in London. The Mark will be our own brand-new space where we can thrive, collaborate and deliver the best for our clients. We’re looking forward to calling it home.”