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

PRODUCT

Travel

Protecting your people in business travels

Business and leisure travel could be risky. Whether it is protection for your trip, your possessions or your health, travel insurance has become an essential item to pack for smart travellers.

Lockton has earned a reputation as a leading risk management and employee benefits advisor to companies like yours. Our team is ready to work with your HR to create the best business travel solutions. For large parties, buying one Group Travel Insurance policy can be a more convenient and cost-effective option to cover your entire group under the same policy.

These policies offer comprehensive benefits to cover travellers’ main concerns, including Trip Cancellation and Trip Interruption, Emergency Medical, Medical Evacuation, and Travel Delay coverage. Some group policies can also include coverage for lost, damaged, or stolen luggage or personal items.

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Latest News & Insights

The retail industry is facing several emerging risks that can have a severe impact on revenues. These include changing weather patterns, supply chain disruptions, and the consequences of the digitisation of business processes.  
 
Where existing risk mitigation measures are insufficient or traditional insurance policies are unable to cover the risk, parametric insurance solutions can cover the gaps.  Protecting your retail business with parametric solutions

Bird flu: mitigating the risk of disease outbreak and spread

As the avian influenza virus (bird flu) continues spreading around the globe, poultry farmers need to stay alert and remain vigilant with  mitigation measures. In addition to monitoring local and regional incidence rates and closely following risk mitigation standards, poultry farmers should consider making use of insurance protection while it remains available. As the avian influenza virus (bird flu) continues spreading around the globe, poultry farmers need to stay alert and remain vigilant with  mitigation measures. In addition to monitoring local and regional incidence rates and closely following risk mitigation standards, poultry farmers should consider making use of insurance protection while it remains available.

Data centres: Protecting projects across the life cycle

While global sentiment may be subdued in some sectors, there is a lot of excitement about data centres. Demand for data centre capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data centre capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation.

While global sentiment may be subdued in some sectors, there is a lot of excitement about data centres. Demand for data centre capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data centre capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation.

New Head of Asia – Growth and Strategic Development, People Solutions

Lockton Appoints Timothy Hung as Head of Growth and Strategic Development for People Solutions in Asia
Lockton is excited to announce the appointment of Timothy Hung as the new Head of Growth and Strategic Development for People Solutions Asia, effective immediately. Based in Hong Kong, Timothy will be a vital member of the Asia People Solutions Leadership Team, reporting directly to Cedric Luah, Head of People Solutions – Asia.
Key Responsibilities and Strategic Focus
In his new role, Timothy will spearhead revenue growth initiatives and drive Lockton’s strategic direction within the region. His extensive experience spans over 23 years in the Professional Services sector, where he has successfully led market-leading Life and Health Corporations at renowned organizations such as AIA, EY, Sun Life, and various State-Owned Enterprises. Additionally, Timothy is a member of the CPA, further solidifying his expertise in the field.
Significance of the Role
This newly created position is crucial to Lockton’s growth strategy in Asia. The company is committed to delivering a differentiated proposition and unparalleled offerings to corporate clients, enhancing employee well-being across the region.
Leadership Insights
Cedric Luah expressed enthusiasm about Timothy's appointment:
“We are excited to have Timothy join our Asia business. He will be a critical member of our team in driving business growth and expansion, dedicated to executing our strategic priorities. His appointment demonstrates our commitment to key markets in Asia.”
Timothy also shared his thoughts on joining Lockton:
“I am truly honored to be appointed to Lockton Asia, where we take pride in our expertise and global market position. I look forward to partnering with stakeholders within our organization and external partners to execute our strategic vision and deliver high-quality sustainable growth.”
Welcoming Timothy Hung
Please join us in extending a warm welcome to Timothy as he becomes part of the Lockton family. We wish him every success in his new role, confident that his leadership will significantly contribute to Lockton’s mission of enhancing corporate well-being in Asia.Lockton Appoints Timothy Hung as Head of Growth and Strategic Development for People Solutions in Asia
Lockton is excited to announce the appointment of Timothy Hung as the new Head of Growth and Strategic Development for People Solutions Asia, effective immediately. Based in Hong Kong, Timothy will be a vital member of the Asia People Solutions Leadership Team, reporting directly to Cedric Luah, Head of People Solutions – Asia.
Key Responsibilities and Strategic Focus
In his new role, Timothy will spearhead revenue growth initiatives and drive Lockton’s strategic direction within the region. His extensive experience spans over 23 years in the Professional Services sector, where he has successfully led market-leading Life and Health Corporations at renowned organizations such as AIA, EY, Sun Life, and various State-Owned Enterprises. Additionally, Timothy is a member of the CPA, further solidifying his expertise in the field.
Significance of the Role
This newly created position is crucial to Lockton’s growth strategy in Asia. The company is committed to delivering a differentiated proposition and unparalleled offerings to corporate clients, enhancing employee well-being across the region.
Leadership Insights
Cedric Luah expressed enthusiasm about Timothy's appointment:
“We are excited to have Timothy join our Asia business. He will be a critical member of our team in driving business growth and expansion, dedicated to executing our strategic priorities. His appointment demonstrates our commitment to key markets in Asia.”
Timothy also shared his thoughts on joining Lockton:
“I am truly honored to be appointed to Lockton Asia, where we take pride in our expertise and global market position. I look forward to partnering with stakeholders within our organization and external partners to execute our strategic vision and deliver high-quality sustainable growth.”
Welcoming Timothy Hung
Please join us in extending a warm welcome to Timothy as he becomes part of the Lockton family. We wish him every success in his new role, confident that his leadership will significantly contribute to Lockton’s mission of enhancing corporate well-being in Asia.
More Articles news and insights

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