SAIC Motor partners with Lockton

SAIC Motor has formed a strategic partnership between its captive insurer, SAIC Motor Insurance Co., and independent broker Lockton to support the global expansion of its automotive brands.

The collaboration will focus on insurance programs for overseas production, sales, and after-sales operations, addressing risks such as regulatory requirements, supply chain disruption, product liability, cybersecurity, and data protection.

“The next stage for Chinese automobile companies to go global is not only competition in products and scale, but also a comprehensive reflection of governance capabilities, technical standards and global synergy. Through this cooperation, we hope to promote technological innovation and brand ‘upward development’ while exploring operations and risk management practices that are more in line with international rules, and help Chinese automobile brands continue to enhance their international competitiveness and global influence.” – Ma Jian, General Manager of SAIC Motor Insurance Co.

“Global expansion today is no longer just about scale—it is about managing complexity across regulatory regimes, technical systems, and customer expectations. Through this partnership with SAIC Motor, Lockton brings a proactive, forward-looking risk management concept to support innovation-driven automobile companies to improve their stability and long-term value in the international market.” – Jaideep (Jay) Sharma, Regional Head of Specialties, Lockton Asia.