Lockton Unveils Lockton SAGE: A Revolutionary Unified Business Intelligence Platform
In a groundbreaking announcement, Lockton, the world's largest privately held insurance brokerage firm, has launched Lockton SAGE, a cutting-edge unified business intelligence platform. This platform is specially crafted to leverage Lockton's extensive proprietary data, advanced analytics, AI capabilities, and specialized expertise, enhancing decision-making processes for its clients.
The Evolution of Lockton SAGE
Initially implemented at Lockton Re, the SAGE platform has now extended its functionalities across all Lockton's divisions in the United States, encompassing risk management solutions, personnel solutions, and reinsurance offerings.
As many businesses face increasingly complex decisions regarding their workforce, finances, and risk management, they encounter scattered data and siloed insights, compounded by a rising tide of autonomous AI tools that fail to provide a comprehensive context. According to Ron Lockton, President and CEO, "No company is better positioned than Lockton to support its clients in the AI era. However, technology alone never provides an advantage; true impact comes from combining powerful intelligence with exceptional people."
Lockton SAGE is designed for a seamless approach, utilizing AI-driven features to highlight key trends, priorities, and recommendations tailored to each client’s business needs. The transition from data to decision is instantaneous, linking insurance policies, quotes, claims, and risks by integrating AI analytics with human expertise to deliver timely and relevant advice.
Client Benefits and Features
For clients, Lockton SAGE signifies a shift from a conventional insurance platform to a personalized operational environment that blends top-notch services with an experience tailored to their specific business priorities and metrics. Here’s what clients can expect from the platform:
A Vision for the Long-Term
As a private enterprise, Lockton can adopt a long-term vision, thoughtfully investing in a flexible platform architecture that continuously integrates cutting-edge AI models to redefine how organizations assess risks. The result is a platform designed for innovation, adaptation, and evolution to meet client needs proactively.
"The market offers a multitude of tools, but clients require connected, contextualized insights that align with their real decision-making processes. Lockton SAGE embodies our commitment to meet these needs. It’s not just a product; it represents Lockton's collective expertise working in unison to enhance every client's confidence at each decision point," emphasizes Claude Yoder, Lockton's Chief Data, Analytics, and Digital Officer.
Lockton SAGE lays the groundwork for ongoing and scalable innovations, enhancing the added value Lockton provides in its client relationships. By continuously generating new data, the platform’s value grows alongside Lockton and its clients, equipping Lockton's associates with the tools and insights they need to provide more informed and effective advice. For more information, please visit LocktonSAGE.com.
About Lockton
What sets Lockton apart is also what drives its excellence—its independence. As a private company, Lockton’s nearly 15,000 associates across over 180 countries are dedicated solely to meeting clients' insurance and risk management needs. With its global expertise, Lockton possesses the deep understanding necessary to achieve remarkable outcomes.
The Evolution of Lockton SAGE
Initially implemented at Lockton Re, the SAGE platform has now extended its functionalities across all Lockton's divisions in the United States, encompassing risk management solutions, personnel solutions, and reinsurance offerings.
As many businesses face increasingly complex decisions regarding their workforce, finances, and risk management, they encounter scattered data and siloed insights, compounded by a rising tide of autonomous AI tools that fail to provide a comprehensive context. According to Ron Lockton, President and CEO, "No company is better positioned than Lockton to support its clients in the AI era. However, technology alone never provides an advantage; true impact comes from combining powerful intelligence with exceptional people."
Lockton SAGE is designed for a seamless approach, utilizing AI-driven features to highlight key trends, priorities, and recommendations tailored to each client’s business needs. The transition from data to decision is instantaneous, linking insurance policies, quotes, claims, and risks by integrating AI analytics with human expertise to deliver timely and relevant advice.
Client Benefits and Features
For clients, Lockton SAGE signifies a shift from a conventional insurance platform to a personalized operational environment that blends top-notch services with an experience tailored to their specific business priorities and metrics. Here’s what clients can expect from the platform:
- - Richer Data – Real-time collaboration and automated data entry replace manual data collection, reducing the administrative burden associated with underwriting and coverage management.
- - Deeper Insights – Clients receive insights that go beyond generic comparisons and include a proactive and personalized view of their specific risk profile.
- - Smarter Structuring – Increased options for risk transfer and management, along with real-time visibility into the financial trade-offs of any program structure prior to decision-making.
- - Optimized Placement – Continuous analysis of all products, segments, and insurers ensures clients have the best market understanding to select the most suitable coverage.
- - Additional Advisory – The efficiency of the platform allows Lockton Associates to dedicate more time to strategic advisory roles, leveraging key market relationships that are crucial for advancing client interests.
A Vision for the Long-Term
As a private enterprise, Lockton can adopt a long-term vision, thoughtfully investing in a flexible platform architecture that continuously integrates cutting-edge AI models to redefine how organizations assess risks. The result is a platform designed for innovation, adaptation, and evolution to meet client needs proactively.
"The market offers a multitude of tools, but clients require connected, contextualized insights that align with their real decision-making processes. Lockton SAGE embodies our commitment to meet these needs. It’s not just a product; it represents Lockton's collective expertise working in unison to enhance every client's confidence at each decision point," emphasizes Claude Yoder, Lockton's Chief Data, Analytics, and Digital Officer.
Lockton SAGE lays the groundwork for ongoing and scalable innovations, enhancing the added value Lockton provides in its client relationships. By continuously generating new data, the platform’s value grows alongside Lockton and its clients, equipping Lockton's associates with the tools and insights they need to provide more informed and effective advice. For more information, please visit LocktonSAGE.com.
About Lockton
What sets Lockton apart is also what drives its excellence—its independence. As a private company, Lockton’s nearly 15,000 associates across over 180 countries are dedicated solely to meeting clients' insurance and risk management needs. With its global expertise, Lockton possesses the deep understanding necessary to achieve remarkable outcomes.
Topics Financial Services & Investing）
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