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Latest News & Insights

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. Bird flu: mitigating the risk of disease outbreak and spread

Bird flu: mitigating the risk of disease outbreak and spread

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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 s ...
Bird flu: mitigating the risk of disease outbreak and spread

Protecting your retail business with parametric solutions

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.  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. 

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.

Inside Risk: selecting fire protection systems

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. 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.
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