Lockton offers a range of products and services to meet business insurance needs around the world.

— PRODUCT

Marine, Hull & Cargo

Marine Insurance Designed for your Needs

As the shipping world continues to contend with rapid industry change such as oversupply and reducing demand, increasing regulation and security concerns, the risk challenge of protecting ships and associated maritime infrastructure continues to grow.

Serving maritime industries including offshore, logistics, ports and terminals, cruise and passenger, bulk and commodity traders and marine construction, we are experts in marine insurance solutions both locally and globally.

Our marine practice group in Asia has industry leading knowledge and experience to advise on all marine related risk, as well as market relationships with insurers all over the world. Lockton has a truly global team of experts located in all major insurance and shipping hubs.

Our Products and Services

The core products and services we specialise in are:

Cargo and transit

  • Professional carriers and goods in transit carriers

  • Goods in transit - single and annual policies

Liability

  • Comprehensive general liabilities, including contractual liability

  • Terminal operators’ liabilities

  • Ship repairers’ liability

  • Transport / logistics / freight forwarders’ liabilities

  • Professional liability

  • Excess marine liabilities

  • Portfolio marine liability reinsurance risks

  • Special risks

Hull

  • Hull and machinery

  • Increased value, freight, and anticipated owners’ interest

  • War and terrorism, kidnap and ransom

  • Loss of hire and loss of revenue

  • Construction and builders’ risks

  • Mortgagees’ interest and mortgagees’ additional perils

  • Super yacht insurance

Protection and indemnity

  • Mutual and fixed premium cover

  • Charterers’ liability, including damage to hull and bunkers

  • Specialist operations, salvage operations and towage

  • Mutual club exclusion buy backs (non-poolable risks)

  • Liabilities arising from ownership or custody of cargo

Key Contacts - Marine Greater China

Placeholder image

Alan Wu

Senior Vice President, Marine, Specialty & Reinsurance - Greater China
alan.wu@lockton.com

Lin Xiaojun - Senior Partner - Greater China 250x250px

Xiaojun Lin

Senior Partner - Greater China
xiaojun.lin@lockton.com
+852 2250 2878

General Inquiries

Get in touch

enquiry.asia@lockton.com

Latest News & Insights

The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the MENA region. Analysis by respected maritime intelligence firms such as Pole Star Global and Windward indicate that the vessel's navigational systems were likely compromised by GPS jamming, leading to incorrect positioning data and ultimately to the grounding incident. This event underscores the growing cyber threat to vessel movement in the region – one with potential outcomes including groundings, collisions, and environmental harm. For MENA, where critical trade routes such as the Strait of Hormuz and the Suez Canal are lifelines of global commerce, the implications are particularly serious. Regional security dynamics, increased reliance on digital systems, and proximity to cyber-capable nation-state actors elevate both the frequency and severity of these risks. Despite this, in our work with marine clients across the Middle East and North Africa, we continue to observe a significant disconnect between emerging cyber threats and existing risk transfer arrangements. That gap must close before the next incident occurs. Cyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

Cyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

article
The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the Middle East and North Africa (MENA) ...
Cyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

Piers Hughes Promoted to Head of Placement - Asia

Piers Hughes has been promoted to Head of Placement - Asia. Learn about his new role focusing on Wholesale business growth, enhanced collaboration across Asia offices, and strengthening client solutions in facilities, captives, and retro capabilities.Piers Hughes has been promoted to Head of Placement - Asia. Learn about his new role focusing on Wholesale business growth, enhanced collaboration across Asia offices, and strengthening client solutions in facilities, captives, and retro capabilities.

Ensuring the right cargo cover amid tariff uncertainty

The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.

Data centers: Protecting projects across the life cycle

While global sentiment may be subdued in some sectors, there is a lot of excitement about data centers. Demand for data center capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data center capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation. While global sentiment may be subdued in some sectors, there is a lot of excitement about data centers. Demand for data center capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data center capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation.
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