Lockton hires Corrigan as COO for Asia

Lockton has hired Philip Corrigan as chief operating officer for Asia, as part of its efforts to expand in the fastest growing insurance region in the world.

According to a statement by Lockton, Corrigan will lead a fast-growing team across the firm’s offices in the following Asia-Pacific markets – China, Malaysia, Hong Kong, Singapore, Thailand, the Philippines and South Korea. He will work alongside various teams in the region to help grow Lockton Asia’s geographic footprint.

Corrigan has over 30 years’ experience in the insurance industry, with 15 years leading insurance teams in the Asia-Pacific region. Prior to joining Lockton, Corrigan was CEO of JLT Thailand. He spent most of his career with JLT, having held managerial roles in Indonesia, South Korea, and Vietnam.

“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. 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.”

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