Lockton has named Livy Dai as CEO of Lockton China, pending regulatory approval, the global broker announced on Monday. Based in Shanghai, Dai will report to Alex Yip, CEO of Lockton Greater China.
Dai joins the business after 29 years at Aon, where he was a founding member of Aon-COFCO Insurance Brokers Co., Ltd. He also led the opening of the Nanjing office and later launched and managed branch offices across China. Most recently, he served as deputy general manager and head of key account management.
Yip said Dai’s appointment affirms the business’ commitment to attracting top talent.
“We are excited about Livy joining Lockton as CEO, China, to lead and support the growth of this dynamic and fast-developing economy,” Yip added.
Dai was also recognised as a Shanghai Leading Financial Talent in 2021. His appointment comes after a series of key moves by Lockton in the Asia-Pacific region, so far, this year, including the appointment of Aon’s Alex Tilden to head the newly created major corporate accounts practice division in Australia, Isaac Benjamin Fuente from Howden as part of its Asia aviation push, and Renuka Nar, also from Aon, to head up life and health reinsurance in India.
