Privately held insurance brokers Lockton and Funk Group have expanded their risk management service alliance.

The agreement extends a 15-year relationship on client service, providing mutual clients with risk management consulting, insurance brokerage, and loss prevention services.

Through this alliance Funk will provide risk management support for Lockton clients in Germany, Switzerland, Austria and some Eastern European countries.

Lockton will provide risk management advisory services for Funk clients in various countries around the world.

Lockton president and CEO John Lumelleau said the Funk Group has provided selected Lockton clients with outstanding service, and Lockton looks forward to expanding its relationship.

They have always been a valuable member of our global service structure and share our commitment to risk management innovation and customized service, Lumelleau said.