Lockton has formed a strategic alliance with Birwood Services Group, a Detroit-based certified minority business enterprise (MBE) insurance brokerage.
Lockton’s alliance with Birwood is part of the company’s strategy to fill a void in the insurance marketplace by building a partnership uniquely positioned to service multinational, complex businesses and underrepresented communities.
The Birwood name was inspired by Detroit’s symbolic Birwood Wall, built in 1941 along the infamous 8 Mile Road. A former landmark for segregation, today it is a symbol of progress, painted brightly to celebrate civil rights leaders. The Birwood team chose this name to acknowledge history, recognize how far society has come and as a commitment to breaking barriers in the financial services and insurance industries.
Lockton said the partnership is unique in the brokerage industry, providing end-to-end solutions, including risk management, benefits and human capital consulting, business succession planning, while also assisting companies with bringing their corporate social responsibility goals and supply chain diversity initiatives to life.
Birwood will tap into Lockton’s experts, as needed, in disciplines like actuarial service, compliance and claims management. Over time, Birwood will continue to grow its team, creating career opportunities for diverse populations across the country in the insurance brokerage industry.
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