Lockton has named Livy Dai as the new CEO of its China operations, with his office located in Shanghai.

In his new position, Dai will report to Alex Yip, who leads Lockton Greater China.

Dai previously worked with Aon for 29 years and was instrumental in establishing its footprint in the Chinese market.

Beginning in 2002, Dai was among the founding members of Aon-COFCO Insurance Brokers.

He oversaw the opening of the Nanjing branch and played a key role in managing and expanding further branches across China.

Before joining Lockton, his most recent position at Aon was deputy general manager and head of key account management.

His areas of expertise include forming business strategies, managing client relationships, delivering tailored solutions and leading teams.

Dai has collaborated with both regional and international partners, supporting Chinese businesses as they expand abroad and adapting risk management solutions to changing client needs.

Yip said: “We are excited about Livy joining Lockton as CEO, China to lead and support the growth of this dynamic and fast-developing economy. This further enhance[s] our Lockton commitment in attracting top talents. Livy and I will work closely together to ensure that our unique Greater China advantage will continue to benefit our clients and associates.”

In August 2025, Lockton announced the purchase of Benefits Communication Insourcing, which specialises in managing benefit communication and enrolment for its client’s human resources departments.  

Earlier last year, Lockton created a new practice, Lockton Professional and Executive Risk, by merging its US-based Lockton Financial Services and International ProFin teams.