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Riyadh, Saudi Arabia - Lockton, the world’s largest privately held insurance brokerage, has secured its reinsurance licence in the Kingdom of Saudi Arabia. This marks the next phase of Lockton’s geographical expansion and reflects the firm’s broader international strategy to deliver tailored facultative and treaty solutions to local insurance communities and in turn, serve their clients. This expansion connects Lockton’s global wholesale and reinsurance expertise, enabling Lockton to meet insurers’ growing requirements to deliver world-class capacity and solutions tailored to the evolving risk needs across Saudi Arabia.  The reinsurance business will be led by Mohammed Al Rowais. Mohammed brings over 15 years of experience in the Saudi insurance market where he has held senior roles at leading firms and is a member of the Kingdom of Saudi Arabia’s Insurance Authority’s General Insurance and Reinsurance Subcommittee. His leadership and deep local market knowledge will be integral to building facultative and treaty capabilities in the Kingdom.  Ata Khatib, Chairman, Lockton Middle East and North Africa, said: "Our priority is delivering locally led reinsurance solutions that combine global expertise with market-specific insight and that meet the evolving needs of clients in Saudi Arabia. Mohammed’s experience and leadership will help us build the capabilities needed to offer end-to-end support, from complex facultative placements to treaty solutions, ensuring clients have access to the best advice and execution where it matters most."  Chris Brown, CEO, Lockton International, commented:  “This licence strengthens our offering and ensures we are meeting clients where they need us, in Saudi Arabia and beyond, with the combined reach of Lockton and the specialist capabilities of our Lockton Re (treaty) business. Proximity to clients is at the heart of our strategy and this expansion reflects our commitment to being there for them as their risk and insurance needs evolve.”  Keith Harrison, International CEO, Lockton Re, added:  “Treaty (reinsurance) is increasingly about innovation, bringing analytics, capital solutions and agile program design to support growth and resilience. Under Mohammed’s leadership, our Saudi platform will elevate how we deliver treaty solutions in the Kingdom, ensuring Lockton sets the standard for leadership and innovation in this critical market.”  Lockton’s Saudi reinsurance operation builds on a team of specialists, bringing deep expertise in facultative and treaty solutions to support the local insurance market across the Kingdom.  Today’s news follows Lockton’s expansion into Saudi Arabia and appointment of Mohammad Al Abdul Jabbar as CEO of Lockton’s Direct/retail business.  Notes to Editors Facultative and Treaty Offering Lockton’s reinsurance licence enables the firm to offer a comprehensive suite of facultative and treaty solutions for Saudi‑based insurers, including: Complex facultative placements across energy, construction, property, casualty, financial lines, mergers and acquisitions and cyber. Treaty programs supported by market‑leading analytics, portfolio optimisation and capital advisory. Access to Lockton’s global network and market relationships, delivered through a local team with deep Saudi experience. Building Full‑Service Capabilities in the Kingdom Lockton recently secured its retail (direct) insurance licence in Saudi Arabia. With the addition of the reinsurance licence, Lockton can now offer the full spectrum of capabilities in Saudi Arabia, underscoring the company’s commitment to investing in leadership and innovation to support clients across the country. About Lockton What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 13,100+ Associates doing business in more than 155+ countries to focus solely on clients’ risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com.

Lockton Secures Reinsurance Licence in Saudi Arabia 

Appoints Mohammed Al Rowais as CEO for Reinsurance 

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Lockton Secures Reinsurance Licence in Saudi Arabia Appoints Mohammed Al Rowais as CEO for Reinsurance 

LONDON, MARCH 3rd, 2026—Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker has been working with Synechron, (formerly known as Cloobees), a leading global digital transformation consulting firm, to launch the Agentforce 360 Platform, Salesforce’s agentic platform. Lockton Re has been building a number of AI applications across the business and within its proprietary Analytics platform, Lockton Re SAGE, but this is the first time autonomous AI agents have been deployed to reason, make decisions, and take action across trusted non-personal enterprise data within Lockton Re’s global Salesforce environment.  Lockton Re leverages Salesforce’s Financial Services Cloud (FSC) as its core system of record. This foundation now integrates natively with the Agentforce 360 Platform, ensuring that agents are grounded in industry-specific data models and the full context of the business's unique workflows and policies, to enable superior relationship management.  Robert Bisset, CEO, North America, Lockton Re, said, “Agentforce will support the streamlining of some of our sales activity, creating better informed and more digitally connected broking teams. Many of our client teams are truly global and so the ability to share and connect digitally is a key part of what makes Lockton Re stand out from the competition. Since the launch of Lockton Re as a global reinsurance platform in 2019, one of the core pillars of the business has been ‘born digital’. We continue to embrace AI and innovation as part of this ethos with a focus on digital infrastructure and using the technology to support our clients, partners and colleagues.” Ben Turner, AVP for Insurance at Salesforce, added, “Lockton Re is a perfect example of an Agentic Enterprise in action. By bringing humans, data, AI, and apps together on a single, unified platform, they are able to drive growth at an entirely new scale. This collaboration highlights the transformative impact of Agentforce in the insurance sector, driving more efficient operations and enhancing client service through trusted, enterprise-grade AI.”  Synechron, with deep expertise in Salesforce and enterprise AI, worked closely with Lockton Re to design and deploy a solution tailored to evolving business demands. Ben Granger-Holcombe,  Director for Insurance at Synechron said, "It is always exciting to work with a forward-thinking and innovative organisation like Lockton Re who immediately saw the potential of the Agentforce 360 Platform and partnered with our global AI practice to create something truly transformative for their brokers." Lockton Re’s Journey to Agentforce Lockton Re was founded on the principle of being born digital. Embracing AI and agentic AI is a core part of its current strategy. After running a successful proof of concept with a small subset of individuals, Lockton Re is now rolling out the Agentforce 360 Platform to its global sales team to help enrich understanding of producers’ accounts for better decision-making and improved client service. Nidhi Howell, Head of Business Technology, Lockton Re International, said, “Lockton Re believes AI is about augmenting, extending and supporting the expertise and capabilities of colleagues and tools, not replacing them. We have always been focused on our digital journey, and the rollout of Agentforce is part of our broader strategy to continuously integrate or build the right cutting-edge digital tools that unlock value, improve client service and reinforce our position as an industry innovator.”

Lockton Re, the reinsurance business of the world’s largest privately held independent insurance broker, has been working with Synechron to launch the Agentforce 360 Platform, Salesforce’s agentic platform. Lockton Re has been building a number of AI applications across the business and within its proprietary Analytics platform, Lockton Re SAGE, but this is the first time autonomous AI agents have been deployed to reason, make decisions, and take action across trusted non-personal enterprise data within Lockton Re’s global Salesforce environment.



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Synechron Supports Lockton Re's Launch of Agentforce 360 Platform – Reinforcing Lockton Re's Position as Industry Innovator

The use of artificial intelligence (AI), including generative AI (predominantly large language models) and agentic AI (autonomous agents making decisions without human input), is expanding rapidly. The volume of commentary on AI’s impact on insurance is growing almost as fast. Most of this commentary to date has focused on the transformative power of the technology to improve efficiency and productivity, as well as reduce costs and streamline workflows within the insurance industry and beyond. This has positive consequences of higher margins, improved customer experience, and reduced waste. Clearly, there are also negative potential implications relating to employment and training prospects. The purpose of this paper is to shift the conversation from the changes AI will have on insurance industry processes to the consequences AI itself will have in expanding, evolving, and shifting risk. Established paradigms for insurance products are being dismantled. Boundaries for coverage are blurred. The implications are wide-ranging, and our understanding of the risks is still limited. There is a myriad of different short- and long-term effects, both intended and unintended.   Click here to access the report.

New Report from Lockton Re Ready or Not: The Impact of Artificial Intelligence on Insurance Risks 

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Lockton Secures Reinsurance Licence in Saudi Arabia Appoints Mohammed Al Rowais as CEO for Reinsurance

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