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

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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

Placeholder image

Alan Wu

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

Lin Xiaojun - Senior Partner - Greater China 250x250px

Xiaojun Lin

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

General Inquiries

Get in touch

enquiry.asia@lockton.com

Latest News & Insights

Fixed fire protection systems (FFP) such as sprinklers are one of the most effective ways to prevent a major fire loss to a property or business enterprise. Commonly recommended by property insurers, systems can detect a fire in its initial stages and deliver a fire-fighting agent where it is needed, reducing the risk to people, property and the environment. To ensure the maximum benefit from the investment in fire protection, it is important systems are designed and installed to meet insurer and other stakeholder needs. This Inside Risk edition explores the main considerations when selecting fire protection systems. Inside Risk: selecting fire protection systems

Inside Risk: selecting fire protection systems

article
Fixed fire protection systems (FFP) such as sprinklers are one of the most effective ways to prevent a major fire loss to a property or business enterprise. Commonly recommended by property insurers, systems can detect a fire in its initial stages and deliver ...
Inside Risk: selecting fire protection systems

Lockton Enhances People Solutions Division with Strategic Leadership Appointments

Lockton is excited to announce the appointment of three senior leaders to its People Solutions division in India. This strategic move includes Madhu Sudhan Rao as Senior Director in Bangalore, Ashok Singh as Senior Director in Mumbai, and Nitin Jain as Director in Delhi. These appointments are designed to enhance Lockton’s leadership team and support its ambitious growth initiatives, reinforcing its position as a leading international broker in the Indian market. Madhu Sudhan Rao brings over 23 years of experience in insurance and healthcare, specializing in benefits consulting and operations management. Based in Bangalore, he will leverage his extensive knowledge and strong relationships with insurers to deliver effective solutions for clients. Ashok Singh, also with 23 years of experience, will focus on insurance sales leadership from Mumbai. His expertise spans various insurance products, particularly in Employee Benefits and Flex Benefits, making him well-equipped to drive company performance and profitability. Nitin Jain joins as Director from Delhi, bringing 18 years of experience in managing complex Health & Benefits portfolios. His focus will be on optimizing employee benefits programs for clients. Dr. Sandeep Dadia, CEO of Lockton India, expressed enthusiasm about these appointments, stating that their collective expertise will significantly contribute to delivering exceptional value and service to clients across India.Lockton is excited to announce the appointment of three senior leaders to its People Solutions division in India. This strategic move includes Madhu Sudhan Rao as Senior Director in Bangalore, Ashok Singh as Senior Director in Mumbai, and Nitin Jain as Director in Delhi. These appointments are designed to enhance Lockton’s leadership team and support its ambitious growth initiatives, reinforcing its position as a leading international broker in the Indian market. Madhu Sudhan Rao brings over 23 years of experience in insurance and healthcare, specializing in benefits consulting and operations management. Based in Bangalore, he will leverage his extensive knowledge and strong relationships with insurers to deliver effective solutions for clients. Ashok Singh, also with 23 years of experience, will focus on insurance sales leadership from Mumbai. His expertise spans various insurance products, particularly in Employee Benefits and Flex Benefits, making him well-equipped to drive company performance and profitability. Nitin Jain joins as Director from Delhi, bringing 18 years of experience in managing complex Health & Benefits portfolios. His focus will be on optimizing employee benefits programs for clients. Dr. Sandeep Dadia, CEO of Lockton India, expressed enthusiasm about these appointments, stating that their collective expertise will significantly contribute to delivering exceptional value and service to clients across India.

The New Head of Corporate Wellbeing for People Solutions in Asia

Vivi Kwok has been appointed as the Head of Corporate Wellbeing for People Solutions in Asia at Lockton, effective December 1, 2024. Based in Hong Kong, Vivi will report directly to Cedric Luah, the Head of People Solutions – Asia, and will be a key member of the Asia People Solutions Leadership Team. This strategic promotion underscores Lockton's commitment to enhancing its People Solutions team, particularly in areas such as healthcare innovation and wellness initiatives. As corporate wellness becomes increasingly vital in the business environment, Vivi's leadership will be essential in driving Lockton's ambitious growth strategy across Asia. Her role is pivotal in developing a differentiated wellbeing proposition that aligns with the company's objectives. Cedric Luah praised Vivi’s contributions, stating, "Her dedication and expertise in Wellbeing & Growth Marketing have significantly strengthened Lockton’s market position in Hong Kong and Greater China." He expressed enthusiasm for her expanded responsibilities in leading healthcare and wellbeing strategies while fostering intellectual capital development across the region. In her new capacity, Vivi will collaborate with various teams to leverage Lockton’s global resources, enhancing wellbeing offerings and driving revenue growth. Her leadership is expected to transform workplace wellbeing practices throughout Asia. Join us in congratulating Vivi Kwok on her well-deserved promotion and wishing her success in this critical role that aims to revolutionize employee wellbeing across the region.Vivi Kwok has been appointed as the Head of Corporate Wellbeing for People Solutions in Asia at Lockton, effective December 1, 2024. Based in Hong Kong, Vivi will report directly to Cedric Luah, the Head of People Solutions – Asia, and will be a key member of the Asia People Solutions Leadership Team. This strategic promotion underscores Lockton's commitment to enhancing its People Solutions team, particularly in areas such as healthcare innovation and wellness initiatives. As corporate wellness becomes increasingly vital in the business environment, Vivi's leadership will be essential in driving Lockton's ambitious growth strategy across Asia. Her role is pivotal in developing a differentiated wellbeing proposition that aligns with the company's objectives. Cedric Luah praised Vivi’s contributions, stating, "Her dedication and expertise in Wellbeing & Growth Marketing have significantly strengthened Lockton’s market position in Hong Kong and Greater China." He expressed enthusiasm for her expanded responsibilities in leading healthcare and wellbeing strategies while fostering intellectual capital development across the region. In her new capacity, Vivi will collaborate with various teams to leverage Lockton’s global resources, enhancing wellbeing offerings and driving revenue growth. Her leadership is expected to transform workplace wellbeing practices throughout Asia. Join us in congratulating Vivi Kwok on her well-deserved promotion and wishing her success in this critical role that aims to revolutionize employee wellbeing across the region.

Beyond price: rethinking carbon credit value in the voluntary market

Prices in voluntary carbon credit markets have declined broadly, but there is growing evidence of price differentiation based on quality attributes. This suggests the market is maturing in how it values carbon credits beyond traditional pricing.Prices in voluntary carbon credit markets have declined broadly, but there is growing evidence of price differentiation based on quality attributes. This suggests the market is maturing in how it values carbon credits beyond traditional pricing.
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