US-based independent insurance brokerage company Lockton on Monday announced its entry into the Indian market. With over 135 offices worldwide, Lockton’s entry into the country is subject to regulatory approval. This will meet the growing demand for risk advisory and management services in India, the company said in a statement.
The statement further said that Sandeep Dadia has been appointed as the Chief Executive Officer of India and a member of the Lockton Asia leadership team.
It said Dadiya aims to fully utilize the company’s global expertise and local knowledge while maintaining its impressive 97 per cent customer retention rate.
Lockton is the world’s largest independent insurance brokerage company.
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