Lockton plans to double its business outside the United States within the next four years, according to CEO Chris Brown.
The world’s largest privately held insurance broker, Lockton, has joined the Indian insurance market and plans to quadruple its

The world’s largest privately held insurance broker, Lockton, has joined the Indian insurance market and plans to quadruple its
The world’s largest privately held insurance broker, Lockton, has joined the Indian insurance market and plans to quadruple its operations outside of the US in four years, with an emphasis on India.
“We intend to continue growing organically. Last year, we experienced notable growth of roughly 14% globally. Thus, we observe ongoing expansion in the regions we are operating in,” stated Chris Brown, CEO of Lockton International.
Our goal is to double the size of our business outside of the United States within four years. Our market share in the regions we currently operate in is expected to increase. In an interview with Business Standard, Brown mentioned, “We are exploring several new geographies, with India being a key focus.”
Recently, the insurance broker bought Arihant Insurance Brokers, allowing them to enter the nation’s broking sector.
For the Indian arm, the broker has named Sandeep Dadia as the country head and CEO. The CEO of Aditya Birla Insurance Broker was Dadia.
Our approach is entirely natural. Arihant is more of a calculated move to gain access to the nation. We wanted to enter India right away, even though it is a very modest broking business,” Dadia stated.
Along with commercial lines, Lockton India intends to concentrate on the health and auto insurance markets. It will develop specialized solutions in accordance with market demands and risk.
Without a doubt, we’re heading the motor way. Retail health and motors are to be cross-marketed. However, that will not be the market-available solution. We’re going to develop specialized solutions. “We will be offering risk solutions to all of them, as their needs and risks are different,” Dadia stated.
The expansion of the economy will benefit us, as it will lead to an increase in the production of motor vehicles. Technology will be our link to the motor manufacturing industry. We specialize in the commercial line. That will be our primary emphasis, and we plan to expand there,” Dadia continued.
The insurance broker has offices in seven different places throughout India, with its headquarters being in Mumbai. By the end of 2025, it hopes to have 200 members.
Struggling to sell one multi-million dollar home currently on the market
Struggling to sell one multi-million dollar home currently on the market
Struggling to sell one multi-million dollar home currently on the market