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All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. AI risks: what directors and officers need to know

AI risks: what directors and officers need to know

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All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepar ...
AI risks: what directors and officers need to know

Lockton launches Professional and Executive Risk, transforming its global financial lines business

Lockton, the world’s largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk. Lockton, the world’s largest independent insurance brokerage, has announced today the unification of its U.S.-based Lockton Financial Services (LFS) and International ProFin teams under a single, global practice: Lockton Professional and Executive Risk.

Ensuring business resilience in a polarised world

Businesses need to adjust to a world where accelerating geopolitical shifts are becoming the new norm. Remaining agile and adaptive in a polarised world will be a precondition for success going forwards.Businesses need to adjust to a world where accelerating geopolitical shifts are becoming the new norm. Remaining agile and adaptive in a polarised world will be a precondition for success going forwards.

Lockton India Expands Transactional Lines Division with Key Appointments

We are proud to announce the launch of our Transactional Lines Division in India, focused on providing specialized risk solutions for mergers and acquisitions, private equity, and other complex transactions. The division will be led by newly appointed Managing Director - Transactional Lines, Anand Kaul. With 17 years of experience in insurance broking, including over a decade specializing in transactional liability solutions, Anand brings deep expertise in structuring risk transfer mechanisms for M&A transactions, private equity (PE) firms, venture capital (VC) funds, and corporate clients. The team also includes the appointment of Neelam Koyande as Director - Transactional Lines. With over 20 years of experience in business development across various industries, Neelam will lead client acquisition and service our transaction liability offerings, leveraging our global expertise to provide innovative risk solutions to dealmakers in India. Recent appointments to the team include Kulvir Singh joining as Senior Vice President and Riddhi Pisal as Assistant Vice President. These appointments play a crucial role in strengthening our presence in India’s M&A and private equity ecosystem, further cementing the firm’s reputation as a trusted, independent risk advisory partner. Speaking on the appointment, Dr. Sandeep Dadia, CEO & Country Head Asia Board Member, India said, “Anand brings extensive experience and expertise in transaction liability, a critical area for businesses navigating complex deals. His leadership will further strengthen Lockton India’s capabilities in structuring innovative risk transfer solutions. We are confident that his appointment will drive growth and deliver significant value to our clients.” As we continue to expand our innovative, client-centric approach, the company remains dedicated to providing strategic insurance solutions that drive confidence and success for our clients.We are proud to announce the launch of our Transactional Lines Division in India, focused on providing specialized risk solutions for mergers and acquisitions, private equity, and other complex transactions. The division will be led by newly appointed Managing Director - Transactional Lines, Anand Kaul. With 17 years of experience in insurance broking, including over a decade specializing in transactional liability solutions, Anand brings deep expertise in structuring risk transfer mechanisms for M&A transactions, private equity (PE) firms, venture capital (VC) funds, and corporate clients. The team also includes the appointment of Neelam Koyande as Director - Transactional Lines. With over 20 years of experience in business development across various industries, Neelam will lead client acquisition and service our transaction liability offerings, leveraging our global expertise to provide innovative risk solutions to dealmakers in India. Recent appointments to the team include Kulvir Singh joining as Senior Vice President and Riddhi Pisal as Assistant Vice President. These appointments play a crucial role in strengthening our presence in India’s M&A and private equity ecosystem, further cementing the firm’s reputation as a trusted, independent risk advisory partner. Speaking on the appointment, Dr. Sandeep Dadia, CEO & Country Head Asia Board Member, India said, “Anand brings extensive experience and expertise in transaction liability, a critical area for businesses navigating complex deals. His leadership will further strengthen Lockton India’s capabilities in structuring innovative risk transfer solutions. We are confident that his appointment will drive growth and deliver significant value to our clients.” As we continue to expand our innovative, client-centric approach, the company remains dedicated to providing strategic insurance solutions that drive confidence and success for our clients.
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