Lockton grows marine presence with Italian and Singaporean investments

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Broker Lockton has expanded its marine and protection and indemnity business by acquiring Genoa-headquartered Italian broker PL Ferrari & Co.

PL Ferrari was established in 1959 and has Italian offices in Ferrara and Naples and premises in Athens, Monaco and London.

Lockton deputy CEO Neil Nimmo, pictured, said the companies have signed a

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