Reinsurance News

Lockton hires JLT’s Philip Corrigan as COO for Asia Pacific

7th March 2019 - Author: Matt Sheehan

Global insurance and reinsurance broker Lockton has announced the appointment of Philip Corrigan as Chief Operations Officer (COO) for the Asia-Pacific (APAC) region.

philip-corriganCorrigan arrives from Jardine Lloyd Thomson (JLT), where he has spent most of his 30-year career, having most recently served as Chief Executive Officer (CEO) of JLT Thailand.

He has 15 years’ experience leading insurance teams in the APAC region, and also held managerial roles across Indonesia, Vietnam and South Korea while at JLT.

In his new role, Corrigan will work alongside teams in the APAC region to assist in the growth of Lockton Asia’s geographic footprint, helping the brokerage to build on its existing presence in China, Hong Kong, Singapore, Thailand, and South Korea.

Furthermore, Lockton will continue to invest in specialty, assisting all its operations as well as its associated companies, Sime Darby Lockton – Malaysia and Lockton – Philippines.

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“I am delighted to appoint Philip as COO of Lockton Asia. With his market experience and expertise, he will take our APAC business to the next level,” said Warren Merritt, CEO of Lockton Asia.

“The APAC region’s insurance sectors are made up of both mature markets and developing markets which are at various stages in their respective development,” Merritt continued.

“As such, we see a huge opportunity to enter new geographies in the region while also enhancing Lockton Asia’s existing businesses though the acquisition of personnel and expansion into new specialty business areas in those markets.”

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