We are pleased to introduce Sung Wook Han as our new Regional Head of Marine, with effect from 1 August 2024. With a solid background in the insurance industry, Sung is a result-driven professional who brings a wealth of experience and expertise to his role.
Throughout his career, Sung has demonstrated his ability to build and manage successful teams and develop profitable business portfolios. He is skilled in cultivating strong relationships with clients and industry partners, as well as fostering effective communication and collaboration within teams.
“We are delighted to welcome Sung to Lockton as our Regional Head of Marine. His extensive experience and proven track record in the insurance industry make him an invaluable addition to our team. Sung’s expertise will add tremendous depth to the strong resources already present in Asia which will assist in the growth acceleration of our Marine business,” stated Warren Merritt, CEO of Asia. “I have full confident that under Sung’s leadership, we will continue to provide exceptional service to our clients and reach new heights of success in the global marine insurance market.”
"It is a great pleasure to welcome Sung to our global Marine team. Asia is such an important region for Shipping and Transportation, and I am delighted that we have attracted an individual of his calibre to lead us regionally. He joins us at a time when our teams across Asia has driven significant growth and, building on this success, he will lead us to provide a broader range of products and services to our Clients," commented Alistair Rivers, Global Head of Marine and Transportation.
Prior to joining Lockton, Sung held the position of Head of International Hull, GB Marine with Willis Towers Watson in London. During his impressive 15-year tenure with WTW, he was instrumental in significantly increasing their Marine profile and revenues. His accomplishments include driving new business development and strategic investment hires, even during the challenging COVID-19 period. Sung led various aspects of insurance, including Hull & Machinery, War, Builders’ Risks, and other shipping-related risks for clients worldwide, with a focus on regions outside of Europe. He collaborated closely with local WTW offices and third-party partners to provide exceptional service to clients.
Sung holds a graduate diploma in Law from the BPP University in London, UK. Additionally, he has a B.S. in Business Administration (Finance) and a B.A. in International Studies (Economics) from the University of North Carolina, USA.
Please join us in extending a warm welcome to Sung as he joins our team. We are confident that his leadership, industry knowledge, and strategic approach will contribute significantly to the success of our Marine business in Asia.
Warren Merritt, Asia CEO
Alistair Rivers, Global Head of Marine and Transportation