Lockton eyeing top talent in India after strategic market entry
Global re/insurance broker Lockton has entered the Indian market with the appointment of a chief executive officer, who is tasked with driving growth and building a risk solutions strategy with a “focus on attracting top talent” in India.
Sandeep Dadia (pictured), the newly appointed country chief executive officer and a member of the Lockton Asia leadership team will play a key role in driving Lockton’s ambitions in the Indian market.
During his two decade long career in the insurance industry, Dadia has led four startups and held leadership positions at Enam Insurance Brokers, TTK Healthcare Services, and most recently at Aditya Birla Insurance Brokers (ABIBL), where he was chief executive officer and principal officer.
Dadia also holds several significant industry roles. He has served on the board of directors of the Insurance Broker Association of India, as Convener for Broking in Confederation of Indian Industry (CII) and on the advisory committee to the Insurance Regulatory and Development Authority (IRDAI) for Cyber Insurance.
Addressing Lockton’s entry into India, Warren Merritt, Asia CEO, said: “We are excited to have Sandeep lead the organisation in India, bringing his expertise and knowledge of the insurance sector. This strategic entry into India creates an opportunity for Lockton to continue to build its established network in the region. Lockton’s largest investment in the Asia region reflects our dedication to fostering economic growth and creating new opportunities for the local community. We look forward to actively contributing to the development of the insurance industry within the country and across the region.”
Dadia said: “I am elated to join and lead Lockton’s vision to meet the growing demand for risk consulting and management services in India. As we establish a new startup backed by one of the world’s largest insurance brokers, Lockton is committed to being a strategic partner, ensuring that our risk management solutions contribute to our clients’ success. I look forward to leading Lockton in India, delivering high-quality insurance services tailored to the Indian market and making a positive impact in the sector.”
Did you get value from this story? Sign up to our free daily newsletters and get stories like this sent straight to your inbox.
