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Lockton Unveils Lockton SAGE: A Game Changer in Enterprise Intelligence

Lockton, revered as the largest independent insurance brokerage and risk management firm globally, has introduced its latest innovation, Lockton SAGE. This integrated platform is tailored to maximize the potential of Lockton's proprietary data, sophisticated analytics, AI capabilities, and specialized expertise, fundamentally transforming client decision-making processes.

Originally launched under the Lockton Re division, the availability of Lockton SAGE has now expanded across Lockton's broader operations in the United States. It encompasses a diverse range of functions, including risk solutions, employee benefits, and reinsurance solutions. As organizations grapple with increasingly complex choices related to workforce dynamics, finance, and risk management, many struggle with inconsistent data, isolated insights, and a plethora of AI tools that fail to deliver a cohesive understanding of their circumstances.

Leading the Charge into AI
Ron Lockton, Chairman and CEO of Lockton, remarked, "No company is better positioned to guide clients into the era of artificial intelligence than Lockton. However, technology alone isn’t an advantage; the real impact comes from combining powerful intelligence with exceptional people. Our data, technology, and expertise have been developed together over time, creating a symbiotic relationship rather than being merely retrofitted through acquisitions. Lockton SAGE was created to enhance the work of our advisors, providing them with insights that enable them to offer smarter, more personalized approaches to managing risks and achieving better outcomes. The companies that will lead in the next decade are those that combine great technology with great people, and that’s our focus."

Connecting the Dots
Lockton SAGE seeks to bridge various components of decision-making by leveraging AI features to uncover patterns, priorities, and actionable recommendations tailored to each client’s business needs. This streamlined process enables more rapid and intelligent advisory services precisely when decisions matter most.

From policies to decisions, Lockton SAGE connects policies, quotes, incidents, and risks, amalgamating AI-driven analytics with human expertise. The platform identifies patterns, predicts emerging risks, and offers timely practical suggestions, thereby helping organizations mitigate challenges before they escalate. This proactive approach reduces current costs while establishing greater financial and operational resilience for the future.

Client-Centric Solutions
For clients, the transition signifies a shift from a rigid insurance platform to a personalized operational environment. This environment superbly merges top-notch services with experiences tailored to their business needs, priorities, and critical metrics. Across all phases of the insurance lifecycle, Lockton SAGE transforms interconnected data into profound insights regarding the client’s business and risk profile, enriched with knowledge specific to their goals.

Real-Time Collaboration and Enhanced Insights

• - Lesser Administrative Burden: Real-time collaboration and automated data collection replace manual information gathering, alleviating the administrative load associated with acquiring and managing insurance coverage, while crafting a more cohesive and comprehensive risk overview for each client.
• - Deeper Analyses: Insights generated encompass the client’s entire risk landscape, extending beyond simple comparisons to benchmarks and offering forward-looking perspectives on their unique risk profile.
• - Intelligent Structuring: Clients gain enhanced options for risk transfer and management due to real-time insights into the balance between financial returns and the risk of any program structure before final approval decisions.
• - Optimized Insurance Placement: Continuous analysis of all products, segments, and insurers ensures clients have a complete market overview, facilitating the selection of the most effective coverage.
• - Increased Advisory Capacity: Platform efficiency allows Lockton Associates to devote more resources to strategic advice rooted in essential market relationships crucial for advocating client interests.

Built for Long-Term Strategy
Becoming a privately owned entity allows Lockton to concentrate on its long-term vision and invest purposefully in a flexible platform architecture. This configuration can continually incorporate cutting-edge AI models that reshape how organizations recognize risk. Lockton SAGE is designed to innovate and adapt continuously, aligning ahead of market demands rather than merely responding to them.

Claude Yoder, Lockton’s Director of Data, Analytics, and Digital Technologies, emphasized, "The market is saturated with tools, but clients require accurate, context-based information tailored to their actual decision-making processes. Lockton SAGE embodies our commitment to delivering precisely that. It isn't a standalone product but a comprehensive expertise amalgamation that enhances client confidence at every decision phase."

Lockton SAGE establishes a scalable foundation for ongoing innovation, augmenting the value Lockton provides in each client relationship. As Lockton SAGE continuously evolves and gains new insights, its value will grow alongside Lockton and its clients, equipping Lockton colleagues with the tools and understanding essential for delivering more informed and effective advisory services. More information can be found at LocktonSAGE.com.

About Lockton

What sets Lockton apart from others is also what makes it better: independence. Being privately owned allows Lockton's nearly 15,000 associates operating in over 180 countries to focus entirely on the risk and insurance needs of their clients. With expertise that spans the globe, Lockton provides the deep insights necessary for achieving outstanding outcomes.