Lockton appoints new Chief Digital Officer
Lockton, renowned as the world’s largest privately held independent insurance broker, has announced that it has appointed Said Taiym as its new Chief Digital Officer (CDO).
Taiym has been tasked with driving the company’s digital innovation through the use of new and emerging technologies in the aim of enhancing the company’s existing operations and transforming how Lockton is able to offer risk solutions for its clients.
“In Said, we found a fabulous executive and the best possible fit for Lockton. Said has a unique combination of expertise in business, insurance and digital,” said Ron Lockton, President and CEO of Lockton.
Previous to his new appointment as the CDO of Lockton, Taiym held a number of leading roles for insurance companies including the XL Group, Zurich North America and Accenture.
Most recently, Taiym stood as the Senior Vice President (SVP) and Chief Information Officer (CIO) for the AF Group, a company that specialises in worker compensation.
“Not only will Said help us improve Lockton’s business, but he will also help lead change in our industry to deliver a better overall customer experience,” Lockton continued.
Taiym will report to the CEO and President directly in his new role, assisting the growth and performance of the 6,500-associate company.
Ericsson: 5G will be fastest adopted mobile generation in hi
Ericsson’s June Mobility Report projects that nearly 600 million 5G subscriptions will be active by the end of 2021, making it the fastest adopted mobile generation in history.
The longer range forecast is for around 3.5 billion 5G subscriptions and 60 per cent 5G population coverage globally by the end of 2026.
China, the US, Korea, Japan and the GCC (Gulf states) will lead deployment, with Europe lagging behind. The latter got off to a slower start and has been mired in infrastructure battles over the provenance of hardware.
North East Asia is expected to lead 5G deployment with an estimated 1.4 billion subscriptions by 2026, while North America is expected to account for the highest 5G subscription penetration.
Key findings of the Ericsson Mobility Report, June 2021
5G remains on track to become the fastest adopted mobile generation in history with subscriptions increasing at a rate of about a million per day
China, North America and the Gulf Cooperation Council markets are leading the way on subscriber numbers, while Europe is off to a slow start
5G subscriptions with a 5G-capable device grew by 70 million during the first quarter of 2021 and are forecast to reach 580 million by the end of 2021
5G ready for 'advanced use cases'
Fredrik Jejdling, executive vice president and head of networks, Ericsson, said, “We are in the next phase of 5G, with accelerating roll-outs and coverage expansion in pioneer markets such as China, the USA and South Korea. Now is the time for advanced use cases to start materialising and deliver on the promise of 5G. Businesses and societies are also preparing for a post-pandemic world, with 5G-powered digitalization playing a critical role.”
Photo credit: Ericsson