Lockton expands into Saudi Arabia

Insurance broker Lockton has announced its expansion into the Kingdom of Saudi Arabia.

Lockton’s Saudi Arabia retail operation launches with a team of 20 specialists and insurance and risk advisors. Mohammad Al Abdul Jabbar has been appointed as CEO for the company’s retail operations in the country.

“Saudi Arabia is a critical market for Lockton and our expansion here reflects our long-term commitment to the region and our clients. Mohammad’s appointment brings a strong combination of broking and underwriting expertise, deep market knowledge and a client-first mindset. His leadership will be instrumental in building our operations and delivering value to clients across the Kingdom.” – Faris Khatib, CEO of Lockton Middle East and North Africa.

“Lockton’s growth is driven by our belief in being where our clients need us most. Expanding into Saudi Arabia allows us to support businesses in one of the world’s most dynamic economies. We are thrilled to welcome Mohammad to our leadership team; his experience and entrepreneurial spirit align perfectly with Lockton’s culture and our ambition to be the most client-focused insurance broker globally.” – Chris Brown, CEO of Lockton International.