Lockton swoops for JLT's Philip Corrigan as Asia Pacific COO in expansion move

Insurance broker Lockton has hired JLT's Thailand CEO Philip Corrigan as Asia-Pacific chief operations officer (COO) as it looks to expand its business and expertise across the region.

Corrigan will work alongside teams based in China, Hong Kong, Singapore, South Korea and Thailand, and assist in the growth of Lockton Asia’s geographic footprint.

Corrigan joins Lockton with more than 30 years’ experience in the insurance industry, more than half of which has been spent leading insurance teams in the APAC region.  

He has spent much of his career at Jardine Lloyd Thomson (JLT), and worked for the firm in managerial roles in Indonesia, Vietnam and South Korea. Most recently Corrigan was the CEO of JLT Thailand.

Lockton said it will continue to invest in specialty which will assist all the operations as well as its associated companies, Sime Darby Lockton – Malaysia and Lockton – Philippines.

Warren Merritt, CEO of Lockton Asia, commented: “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.

“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. 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.”