Emerging risks | Growth Opportunities | APAC Insurance

Tuesday, March 4, 2025

Emerging risks | Growth opportunities | APAC insurance

Tuesday, 4 March 2025

Jay Sharma to take on newly created Head of Specialties role for Lockton Asia

Sharma relocates from New York to Singapore to take on the new position.

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Jay sharma to take on newly created head of specialties role for lockton asia

Lockton on Tuesday announced the appointment of Jaideep (Jay) Sharma in the newly created role of Regional Head of Specialties for Lockton Asia, effective 17 March.

Sharma brings over 33 years of insurance industry experience and moves to Lockton from WTW, where he held key executive roles, including Head of Multinational Growth for North America.

He will relocate to Singapore from New York for the new position reporting directly to Tony Hardy, Asia CEO.

“Widely recognized for his exceptional ability to foster growth, enhance organizational performance, and build inclusive, high-performing teams, Jay’s expertise spans Specialties, facultative reinsurance, and talent development,” Lockton said in its announcement.

Sharma’s insurance career began at Marsh Aviation, where he managed aviation clients in the U.S. and London. He later became CEO of Marsh’s operations in Saudi Arabia, where he doubled revenues and increased margins, positioning Marsh as the top broker in Saudi Arabia for the first time in 40 years.

Before moving to WTW, Sharma moved to Aon where he was Market Leader for Connecticut, managing a 250-person operation across across Risk, Health, Wealth, and Human Capital and led the office to win “Office of the Year” in 2018.

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