Lockton Launches New Global Parametric Insurance Business

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Rina7RS
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Lockton Launches New Global Parametric Insurance Business

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Lockton's global parametric insurance business is dedicated to helping businesses adopt costeffective alternative risk solutions to close the growing gap between insured protection and uninsured losses.

KANSAS CITY, Missouri, Dec. 16, PRNewswire Lockton, the world's largest independent insurance broker and human resources solutions consulting group, has announced the official launch of its new Global Parametric Insurance Practice. This new initiative brings together a team of professionals, including data scientists and model experts, to focus on developing efficient and tailored parametric insurance solutions to help clients address risks that are often overlooked by traditional insurance.

“Over the past three years, Lockton has been actively investing parametric pakistan phone number list insurance expertise and resources in the United States, Latin America, Europe and Singapore,” said Diego Monsalve, Head of Risk Business for Latin America and the Caribbean and Head of International Parametric Solutions. “This global team has a unique combination of expertise and the ability to solve our clients’ risk management challenges in an innovative way, delivering the highquality solutions they have come to expect. We are excited to move forward with this initiative and support our clients,” added Diego Monsalve.
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