Lockton offers a range of products and services to meet business insurance needs around the world.

PRODUCT

Marine, Hull & Cargo

Marine Insurance Designed for your Needs

As the shipping world continues to contend with rapid industry change such as oversupply and reducing demand, increasing regulation and security concerns, the risk challenge of protecting ships and associated maritime infrastructure continues to grow.

Serving maritime industries including offshore, logistics, ports and terminals, cruise and passenger, bulk and commodity traders and marine construction, we are experts in marine insurance solutions both locally and globally.

Our marine practice group in Asia has industry leading knowledge and experience to advise on all marine related risk, as well as market relationships with insurers all over the world. Lockton has a truly global team of experts located in all major insurance and shipping hubs.

Our Products and Services

The core products and services we specialise in are:

Cargo and transit

  • Professional carriers and goods in transit carriers

  • Goods in transit - single and annual policies

Liability

  • Comprehensive general liabilities, including contractual liability

  • Terminal operators’ liabilities

  • Ship repairers’ liability

  • Transport / logistics / freight forwarders’ liabilities

  • Professional liability

  • Excess marine liabilities

  • Portfolio marine liability reinsurance risks

  • Special risks

Hull

  • Hull and machinery

  • Increased value, freight, and anticipated owners’ interest

  • War and terrorism, kidnap and ransom

  • Loss of hire and loss of revenue

  • Construction and builders’ risks

  • Mortgagees’ interest and mortgagees’ additional perils

  • Super yacht insurance

Protection and indemnity

  • Mutual and fixed premium cover

  • Charterers’ liability, including damage to hull and bunkers

  • Specialist operations, salvage operations and towage

  • Mutual club exclusion buy backs (non-poolable risks)

  • Liabilities arising from ownership or custody of cargo

Key Contacts - Marine Greater China

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Alan Wu

Senior Vice President, Marine, Specialty & Reinsurance - Greater China
alan.wu@lockton.com

Lin Xiaojun - Senior Partner - Greater China
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Xiaojun Lin

Senior Partner - Greater China
xiaojun.lin@lockton.com
+852 2250 2878

Latest News & Insights

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

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.

New business appetite for cargo risks at record levels

After several years of post-pandemic recovery and trading uncertainties, the beginning of 2025 has seen an increase in market participants that has led to insurance capacity reaching an all-time high. This comes despite ongoing challenges in the broader economic and geopolitical landscape.  After several years of post-pandemic recovery and trading uncertainties, the beginning of 2025 has seen an increase in market participants that has led to insurance capacity reaching an all-time high. This comes despite ongoing challenges in the broader economic and geopolitical landscape.
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