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Lockton Launches Lockton SAGE

Lockton, the world's leading privately held insurance brokerage and risk management company, recently announced the launch of Lockton SAGE. This innovative platform is set to transform how clients leverage business intelligence by combining Lockton's proprietary data, advanced analytics, AI capabilities, and specialized expertise to drive more informed decision-making.

A Comprehensive Solution for Complex Challenges

In today's fast-paced business environment, organizations are faced with increasingly complex choices regarding staffing, finance, and risks. However, many struggle with disjointed data, fragmented information, and a growing multitude of independent AI tools that often fail to provide a holistic view. By integrating these elements, Lockton SAGE emerges as a solution designed to meet these challenges head-on.

Ron Lockton, President and CEO, stated, "No company is better positioned than Lockton to guide its clients into the AI era, but technology alone is never the sole advantage; the real impact lies in combining powerful intelligence with an exceptional team." This platform aims to enhance advisors' capabilities, thereby providing clients with smarter ways to manage risks and achieve better outcomes.

Features of Lockton SAGE

Lockton SAGE offers several powerful features that set it apart:

• - AI-Driven Insights: The platform utilizes AI to identify the most relevant patterns, priorities, and recommendations pertinent to each client's business, streamlining the decision-making process.
• - Integrated Data Flow: By linking policies, quotes, claims, and risks, Lockton SAGE employs advanced analytics paired with human expertise, enabling quicker and smarter guidance during critical moments.
• - Real-Time Collaboration: The automated data capture and real-time collaboration features significantly reduce the administrative burden associated with insurance procurement and management. This generates a more comprehensive and higher quality understanding of each client's risk profile.
• - Deep Analytics: Moving beyond generic benchmarking, Lockton SAGE provides tailored insights into specific risk profiles, ensuring businesses have the critical information they need at their fingertips.
• - Smart Structuring: With real-time visibility into the financial implications of different program structures, clients can make more informed decisions about risk transfer and management.
• - Optimized Placement: Comprehensive analysis of products and insurers guarantees clients receive the most effective coverage options available.
• - Enhanced Advisory Services: The platform's efficiency allows Lockton Associates to allocate more time to strategic advisory roles, reinforcing important market relationships that are crucial for advocating clients' interests.

A Long-Term Vision

Lockton's private ownership enables the organization to adopt a long-term strategic perspective, constantly investing in a flexible platform architecture capable of incorporating cutting-edge AI models as they evolve. Lockton SAGE is designed not just for the present but is emblematic of an ongoing commitment to innovation and adaptability in response to clients' needs. Claude Yoder, Lockton's Chief Data, Analytics, and Digitalization Officer, emphasized, "Lockton SAGE is our commitment to provide precisely that. It isn't just a single product; it's the collective experience of Lockton working together to instill greater confidence in every client's decision-making process."

Scaling for the Future

As Lockton SAGE continues to evolve, it aims to expand the value offered across every client relationship. With the platform consistently developing new insights, its value increases concurrently with the growth of Lockton and its clients. This ensures that Lockton Associates are equipped with the necessary tools and knowledge to provide informed and effective guidance. For those interested in learning more about this transformative platform, further information is available at LocktonSAGE.com.

About Lockton

What sets Lockton apart is its independence. With nearly 15,000 associates operating in over 180 countries, Lockton focuses solely on the insurance and risk needs of its clients, leveraging its global expertise to deliver exceptional outcomes.