Accessing high quality, cost effective employee benefits can be a challenge in a market often seen to be highly impersonal and transactional. We recognise that you and your employees deserve an individual and tailored approach, no matter the industry, size or location.

PRODUCT

People Solutions

We’ll deliver Employee Benefit Programs that are aligned to your Business Objectives

Accessing high quality, cost effective employee benefits can be a challenge in a market often seen to be highly impersonal and transactional. We recognise that you and your employees deserve an individual and tailored approach, no matter the industry, size or location. Acting as your strategic partner – we like to see ourselves as an extension of your team. We will work to understand the different layers of your business to deliver integrated health and risk programmes that add value for your organisation.

The Best Analytics, Consultancy and Broking

A company’s most vital asset is its people. In order to attract and retain high quality staff, it is important to have a broad employee benefits package. It is even more important to ensure that in the event of the sickness, accident or death of an employee, that the company is able to fulfil its legal and moral obligations in the most effective and responsive way. The issue for most companies is that as businesses grow, the issues around employee benefits becomes more and more complex.

Through a combination of analytics – allowing us to make firm business recommendations based on quality data – as well as our consultancy and broking expertise, we deliver employee benefits programs that are aligned to your business objectives. As an independent company with no shareholders, we value our relationships and work first and foremost for you and your employee’s best interests.

Our Products and Services

Employee benefits include:

  • Group Life Insurance

  • Group Income Protection

  • Group Private Health Insurance

  • Key Person Insurance

  • Employee Protect Policy

  • Workers’ Compensation

  • Health screening and occupational therapy

  • Critical illness

  • Short and long term disability – group income protection

  • Medical expenses – private health insurance

  • Dental

Consultancy services include:

  • Alternative risk financing solutions

  • Benchmarking and audit

  • Data analytics

  • Program management

  • Employee wellbeing and wellness

  • Mergers and acquisitions, due diligence and harmonisation

  • Multi-national pooling and captives

  • Benchmarking and audit

  • Strategic benefit design

  • Claims services - projection, administration and handling

Latest News & Insights

The exponential growth and reach of social media have given consumer brands new platforms to engage with existing clients as well as to expand their client base. It can, sometimes in conjunction with partnerships with influencers, enable brands to target specific consumer groups and re-shape the image of products and brands. However, social media has also amplified the potential negative effects that statements or events can have on a company’s reputation, both in terms of frequency as well as severity.Addressing the reputational risk social media creates for consumer brands

How indexation helps to prevent underinsurance in real estate

High inflation has contributed to soaring reconstruction costs in real estate. This inflation is intertwined with high demand, supply chain issues, labour shortages, and expensive energy. Indexation can help keeping sums insured aligned with actual replacement costs, preventing insurance payouts from failing to cover the full costs of a loss event.   High inflation has contributed to soaring reconstruction costs in real estate. This inflation is intertwined with high demand, supply chain issues, labour shortages, and expensive energy. Indexation can help keeping sums insured aligned with actual replacement costs, preventing insurance payouts from failing to cover the full costs of a loss event.

Recent events create volatility for terrorism insurance

The global terrorism and political violence market has experienced increased volatility in recent years. Civil unrest in Chile, Hong Kong and South Africa generated significant losses. This was further compounded by the Russian invasion of Ukraine. In response, the market hardened quickly: insurers pushed for higher rates to offset losses, imposed more restrictive terms and adjusted their risk selection approach. Sublimits that had been available for extensions like “contingent business interruption”, “unnamed suppliers”, “service interruption” and “miscellaneous unnamed locations” were commonly excluded, as renewal negotiations became more protracted.The global terrorism and political violence market has experienced increased volatility in recent years. Civil unrest in Chile, Hong Kong and South Africa generated significant losses. This was further compounded by the Russian invasion of Ukraine. In response, the market hardened quickly: insurers pushed for higher rates to offset losses, imposed more restrictive terms and adjusted their risk selection approach. Sublimits that had been available for extensions like “contingent business interruption”, “unnamed suppliers”, “service interruption” and “miscellaneous unnamed locations” were commonly excluded, as renewal negotiations became more protracted.

Economic uncertainty increases cash flow risk for suppliers

A slowing economy, changing consumer patterns, increasing debt servicing costs, and tight margins are impacting the financial health of all businesses regardless of size. If their payment discipline declines, this can have devastating consequences for suppliers. A slowing economy, changing consumer patterns, increasing debt servicing costs, and tight margins are impacting the financial health of all businesses regardless of size. If their payment discipline declines, this can have devastating consequences for suppliers.
More Articles news and insights

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

Talk to our team

Key Contacts

Placeholder image

Rachael Tay

Regional Head of People Solutions, APAC
rachael.tay@lockton.com

Singapore - Asia Regional
Employee Benefits - Grace Fong 150x150px

Grace Fong

Regional Chief Commercial Officer, People Solutions - Asia Pacific
grace.fong@lockton.com

Stella Sung - SVP Head of Benefits and Health - North Asia 
500x500px

Stella Sung

SVP, Head of People Solutions - North Asia
stella.sung@lockton.com
+852 2250 2831

General Inquiries

General Enquires

enquiry.asia@lockton.com

With a global footprint of over 100 offices, there’s sure to be one near you.

Find an office
*100+ Lockton offices and partner offices worldwide
Lockton blue globe