SAIC Motor and Lockton establish a strategic partnership to support the global expansion and internationalisation of Chinese automotive brands. The collaboration involves SAIC Motor Insurance Co., Ltd., a wholly-owned captive insurance company of SAIC Motor that was authorised by the Hong Kong Insurance Authority in August 2025. The two parties will focus on risk management, insurance solutions and cross-border operation support alongside Lockton, the world’s largest independent insurance brokerage. As Chinese automobile brands accelerate their overseas expansion, the risks faced by enterprises are becoming increasingly diversified. These include geopolitics, compliance with regulations, supply chains, product liability and data security challenges associated with intelligent connected vehicles. The partnership aims to explore a collaborative model with “industry + service” at its core. This includes joint efforts to improve insurance and risk management solutions covering overseas production, sales and after-sales links. Ma Jian, general manager of SAIC Motor Insurance Co., Ltd., says: “The next stage for Chinese automobile companies to go global is not only competition in products and scale, but also a comprehensive reflection of governance capabilities, technical standards and global synergy.” Ma adds: “Through this cooperation, we hope to promote technological innovation and brand ‘upward development’ while exploring operations and risk management practices that are more in line with international rules.” The two firms will also cooperate on emerging risks such as cybersecurity, data protection and technical liability to assist companies in promoting the overseas application of intelligent technology while complying with various regulatory requirements. Jaideep Sharma, regional head of specialties at Lockton Asia, says: “Global expansion today is no longer just about scale, it is about managing complexity across regulatory regimes, technical systems and customer expectations.” Sharma concludes: “Through this partnership with SAIC Motor, Lockton brings a proactive, forward-looking risk management concept to support innovation-driven automobile companies to improve their stability and long-term value in the international market.”
