Insurancebusinessmag
Lockton Expands Cyber Advisory Team in Asia Amid Growing Cyber Risk Concerns
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Lockton has appointed Jeremie Deschamps as the Regional Head of Cyber Advisory for Asia, effective immediately. This move is part of a broader strategy to enhance their cyber risk management capabilities in response to increasing demand from organizations seeking to quantify their cyber exposures. Deschamps brings nearly 20 years of experience in cybersecurity and risk management, joining from Marsh Asia. The company has also made several other senior appointments in Asia, including two chief growth officers and a regional marine and transportation growth leader. This hiring spree indicates a significant investment in specialty risk capabilities as cyber risk becomes a board-level priority across industries. The global cyber insurance market generated nearly $15 billion in premiums in 2025 and is projected to reach approximately $28 billion by 2030. Lockton aims to support clients in understanding and managing their cyber exposures effectively.
Key Points: • Lockton appointed Jeremie Deschamps as Regional Head of Cyber Advisory for Asia. • The company is expanding its cyber risk management capabilities amid rising demand. • The global cyber insurance market is projected to grow significantly, reaching $28 billion by 2030.