Lockton Sime Insurance Brokers, formerly known as Sime Darby Lockton Insurance Brokers, has announced a pivotal change in its shareholding structure, with Lockton now holding the majority stake. Effective from 31 December 2025, the company has rebranded to Lockton Sime Insurance Brokers, marking a significant step in its strategic growth in Malaysia.
Lockton, which has been a minority shareholder since 2007, has transitioned to a majority position, reinforcing its commitment to the Malaysian market. This change is expected to bring enhanced access to global expertise and resources, allowing Lockton Sime to offer more tailored solutions to its clients. Sime remains a minority shareholder, ensuring continuity and stability within the company.
Tony Hardy, CEO of Lockton Asia, stated, “Malaysia is an important market for Lockton in Asia, and the shareholding transition marks a significant milestone in our journey to expand our presence in the region.” He emphasised that this shift will enable Lockton to bring more global capabilities to the local market, benefiting clients and partners with world-class expertise.
The rebranding to Lockton Sime underscores the company’s dedication to long-term partnerships and growth in Malaysia. Yahya Ibrahim, CEO of Lockton Sime, expressed excitement about the new chapter, stating that the name change reflects the strength of their global partnership with Lockton.
As part of the transition, Lockton Sime has launched a new website and invites stakeholders to stay updated through its social media platforms. This development marks a new era for the company, characterised by collaboration and innovation, with a continued focus on delivering value to clients and partners in Malaysia.
