Lockton, the world’s largest independent insurance broker, with revenues of $4.5 billion and a global network of 15,000 Associates, brings its internationally developed Asset Connect platform to Italy. The black-box system transforms data into actionable insights to manage risk and enhance operational resilience across real estate assets.
Lockton P.L. Ferrari announces the further strengthening of its international Construction & Real Estate practice with the appointment of Gabriele Caruso as Head of Construction & Real Estate, alongside the launch of Asset Connect in the Italian market.
Gabriele Caruso’s appointment reflects the company’s commitment to further strengthening its capabilities across the infrastructure and real estate sectors.
Lockton has developed solutions for investors, funds and property owners that combine continuous asset monitoring and risk prevention with traditional insurance protection. Through the introduction of Asset Connect in Italy, Lockton P.L. Ferrari’s Construction & Real Estate practice aims to help prevent property damage while reducing maintenance costs and insurance premiums for property owners, facilities managers and insurers.
A changing approach to real estate risk management
The increasing complexity of infrastructure and real estate projects requires an increasingly specialised approach to risk management. Alongside the inherent uncertainties of construction projects, organisations today need to consider factors such as material availability, supply chain exposure, business continuity, contract management, geopolitical stability, access to insurance capacity and the overall economic sustainability of projects.
Asset Connect: the black-box system for real estate enters the Italian market
Asset Connect is a platform developed by Lockton that brings together monitoring, risk prevention and insurance advisory within a single ecosystem.
By transforming operational data into real-time risk insights, the platform helps identify anomalies, inefficiencies and potential issues before they result in significant damage or business interruption. The objective is to help clients and investors reduce their risk exposure, improve operational resilience and protect the long-term value of their assets.
“Lockton P.L. Ferrari continues to invest in expanding its advisory capabilities for contractors, developers, investors and real estate operators active in Italy and international markets, combining specialist local expertise, access to Lockton’s global resources and new asset-monitoring capabilities.
Today, traditional property policies covering physical and direct damage alone are no longer enough. Risks are becoming increasingly complex, and real estate operators are looking not only to protect their assets, but also the value of their portfolios, the continuity of their cash flows and EBITDA. Lockton P.L. Ferrari’s enhanced structure reflects our ambition to become a trusted partner for businesses navigating increasingly complex and international projects,” said Filippo Fabbri, CEO of Lockton P.L. Ferrari.
Gabriele Caruso to lead the Construction & Real Estate practice
Gabriele Caruso brings extensive experience in the management of major international infrastructure projects and in advising contractors, developers and investors operating across increasingly complex global markets.
“The construction sector continues to play a key role in the Italian economy, supported by the final phase of the PNRR and renewed momentum in urban regeneration. At the same time, on the insurance side, the surety market, which is essential for guarantees in public and private contracts, grew by 10.9% in 2025 according to ANIA data. This highlights increasing demand for strategic insurance solutions in a sector that accounts for approximately 12% of Italy’s GDP and where, according to SACE, Italian construction companies operate in more than 70 countries and generate around a quarter of their revenues internationally.
In this environment, the value of a broker lies not simply in providing access to the insurance market, but in the ability to interpret it, build an effective dialogue between clients and insurers, and support clients throughout the entire project lifecycle,” said Gabriele Caruso, Head of Construction & Real Estate at Lockton P.L. Ferrari.