Sime Darby Berhad
Sime Darby Berhad via its subsidiary Sime Darby Allied Product Berhad owns a 60% stake of Sime Darby Lockton Sdn Bhd. Sime Darby is a Malaysia-based diversified multinational involved in key growth sectors, namely, plantation, industrial equipment, motors, property and logistics. Founded in 1910, its business divisions seek to create positive benefits in the economy, environment and society where it has a presence.
With a workforce over 120,000 employees in 25 countries and four territories, Sime Darby is committed to building a sustainable future for all its stakeholders. Sime Darby is one of the largest companies listed on Bursa Malaysia and has a market capitalisation of RM64 billion (USD15 billion) as at 27 July 2017.
Sime Darby strives to maintain an equitable balance between increasing value for shareholders and responsible development that brings value to society and safeguards the environment.
Lockton International owns a 40% stake in Sime Darby Lockton Insurance Brokers Sdn Bhd. Founded by Jack Lockton in Kansas City, Missouri in 1966, Lockton International is now the world's largest privately owned global insurance broker. In the fiscal year of 2015, the company posted USD 1 billion in revenues where it held a formidably high client retention rate of 95% (industry average is 85%) in the US. The company has over 3700 risk professionals worldwide and provides financial and risk services to small, medium and large businesses and individual clients.
Lockton International specialises in property and casualty, employee benefits, surety, design and construction, real estate, retail, food service, transportation, healthcare, professional indemnity, financial services, energy, marine, aviation, reinsurance, affinity programme, technology, hospitality, manufacturing, food processing and distribution, and a wide range of other financial and risk products and services.
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