Lockton debuts in India appoints Sandeep Dadia as Country CEO
Privately-owned insurance brokerage, Lockton, announces its entry into the Indian market with the appointment of Sandeep Dadia as Chief Executive for India and a key member of Lockton Asia's leadership. Dadia will lead growth initiatives, develop risk solutions, and focus on recruiting top talent in India, aiming to establish Lockton as a leading international broker in the country. The goal is to leverage global expertise and local insights while maintaining an impressive 97 percent client retention rate.
Drawing from a rich background with over twenty years in the insurance industry, Dadia brings extensive expertise. With a track record of successfully launching four startups and holding leadership positions at well-known entities like Enam Insurance Brokers and TTK Healthcare Services, he most recently served as the CEO at Aditya Birla Insurance Brokers.
Warren Merritt, Asia CEO, expressed enthusiasm about Dadia's leadership, highlighting the strategic entry into India as an opportunity for Lockton to expand its established network in the region. The statement emphasized Lockton's significant investment in the Asia region, underscoring the commitment to fostering economic growth and creating opportunities for the local community.
Dadia conveyed his excitement about leading Lockton's vision to meet the growing demand for risk consulting and management services in India. Positioned as a startup supported by one of the world's largest insurance brokers, Lockton aims to be a strategic partner, ensuring that their risk management solutions contribute to clients' success. Headquartered in Kansas City, Missouri, with approximately 135 offices globally, Lockton is ready to extend its presence in India to meet the rising demand for risk consulting and management services, subject to regulatory approval.