SAIC Motor and Lockton Establish Strategic Partnership to Support Chinese Auto Brands’ Global Expansion

SAIC Motor, one of China’s leading automotive groups, recently reached a strategic partnership between SAIC Motor Insurance Co., Ltd., a wholly-owned captive insurance company of SAIC Motor, and Lockton, the world’s largest independent insurance brokerage company. The two parties will focus on the internationalization process of SAIC Motor’s brand and carry out in-depth cooperation in the fields of risk management, insurance solutions and cross-border operation support to help China’s automobile industry achieve high-quality and sustainable international development.