News Regional24 Apr 2019

Insurance broker debuts food and agribusiness practice in APAC


With agriculture insurance a fast-growing segment in Asia, Lockton has launched a food and agribusiness practice across the Asia-Pacific region and hired Mr Stephane Baldanoff as regional director. Asia's food production industry has seen increasing disruption as a result of natural catastrophes including seasonal typhoons, cyclones and outbreaks of endemic diseases over the past decade. This has spurred Lockton to develop insurance products that protect farmers and agribusinesses comprehensively, help them restart operations and quickly recover from interruption and losses.

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