Our Risk Consulting practice is built to directly influence insurance outcomes - not sit alongside them.
We help organisations gain a clear view of their risk universe and translate that insight into smarter risk transfer decisions. By aligning risk strategy with insurance placement, we ensure risk mitigation efforts add genuine value at renewal and over the long term.
Our specialist consultants address critical capability and resourcing gaps, from asset valuations and forensic accounting to risk profiling, modelling and scenario analysis. This ensures insurance limits, deductibles and coverage structures are accurate, defensible and fit for purpose.
What sets us apart is timing and impact. We align our work to insurance renewal cycles, providing independent underwriting insight, data-driven analysis and strong advocacy to improve outcomes and long-term risk profiles.
Beyond insurance, we help organisations strengthen risk maturity and resilience. Applying global best practice across Enterprise Risk Management, Business Continuity and Crisis Planning, we support confident decision-making in an increasingly complex risk environment.
We connect risk, insurance and decision-making with precision.
Risk & Resilience Consulting: Risks today are more complex, interconnected and fast-moving driven by factors such as digitisation, climate change and regulatory scrutiny. We help organisations strengthen risk maturity, improve resilience and support confident decision-making across the business, from operational teams to Boards and executives.
Forensic & Complex Claims: Our team brings together Loss Adjusters, Forensic Accountants, Risk Consultants and Claims Specialists. We support clients both pre-loss, through risk consulting and preparedness, and post-loss, through complex claims preparation - ensuring continuity from risk identification to recovery.
Valuation Services: We provide independent insurance valuations for buildings, contents, plant and equipment. In an inflationary environment, regular valuations are essential to ensure sums insured remain accurate and to protect organisations from underinsurance and financial exposure at the time of a claim.
Risk Control & Engineering Services: We deliver independent, evidence-based assessments to improve risk profiles and positively influence insurance outcomes. Using advanced digital and AI-enabled survey tools, we enhance the accuracy, efficiency and consistency of risk assessments.
Analytical & Actuarial Services: We provide data-driven insights to support complex risk and insurance decisions. Through modelling and actuarial analysis, we help organisations make informed choices around risk retention, limit structures and alternative risk transfer strategies.
Why partner with us?
Strategic, long-term advice: We help clients prioritise, design, and sequence risk initiatives across multi-year programs.
One integrated point of contact: A fully coordinated approach, bringing together the right experts without complexity.
Senior-led delivery: The advisors you engage are the ones doing the work - no junior hand-offs.
Best-in-class partner network: Our Preferred Partner Network gives access to specialist capability and industry-leading insights.
Global reach, local execution: Locally based teams, seamlessly supported by Lockton’s global expertise.
An extension of your team: Ongoing support across the year, from ad-hoc advice to tenders and client events.
Flexible commercial models: Funding options include insurer bursaries, internal arrangements, and premium-funded fees where appropriate.
Lockton’s Risk Consulting team provided outstanding support, quickly mobilising experienced advisors to help us navigate a complex issue and deliver the clarity and confidence we needed.
Risk Manager, Financial Services Enterprise, Pacific region
Risk Consulting FAQs
What is risk consulting in insurance, and why is it important for my business?
Risk consulting helps identify, assess, and manage both current and emerging risks that could impact your business. With the right strategy in place, businesses can improve decision-making, reduce potential losses, and become more resilient in a rapidly evolving risk landscape.
What types of risks can Lockton’s Risk Consulting team help with?
We support clients in managing a broad spectrum of risks, including operational, financial, strategic, reputational, and ESG-related risks. Our team also provides insights into emerging threats such as cyber incidents, supply chain disruptions, and climate change.
How does the risk consulting process work?
Our approach typically begins with a collaborative risk assessment to understand your business’s risk profile. From there, we provide tailored recommendations, help implement mitigation strategies, and align your risk management with insurance coverage to protect what matters most.
What makes Lockton’s risk consulting approach different?
We’re independent, client-focused, and highly experienced across a wide range of industries. Our advice is not tied to a specific insurer, meaning we offer objective solutions that are designed to deliver long-term value and better business outcomes.
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