Leveraging our global presence, expertise and strong relationships with London and International insurance carriers, Lockton Global Energy’s industry specialists provide innovative and cost effective risk transfer solutions for clients in the energy industry, focussing on upstream, midstream, downstream, utilities and renewables and power.

PRODUCT

Power, Energy and Renewables

Your Energy and Power Specialist Broker

Leveraging our global presence, expertise and strong relationships with London and International insurance carriers, Lockton International Reinsurance industry specialists provide innovative and cost effective risk transfer solutions for clients in the energy industry, focussing on upstream, midstream, downstream, utilities and renewables and power.

Our client and claims teams are fully integrated, so whether you’re a start-up or a multinational organisation, the same team that places the business will also collect the claim. We understand that your needs are unique and we can provide support at any level, from a simple coverage review to a fully embedded risk manager.

Our broking team has extensive experience which enables for a better understanding of a client’s needs, exposures and insight into the most advantageous market for their requirements both in Asia and abroad.

Our Products and Services

The areas of expertise and services we specialise in are:

Areas of Expertise:

  • Physical damage

  • Well control incidents/Operator’s extra expenses

  • Third-party liabilities

  • Business interruption/Loss of hire/Delay in start-up

  • Natural catastrophe protection

  • Construction

  • Regulatory requirements

  • Alternative risk transfer products

Our Services:

  • Contract review

  • Due diligence for acquisitions and divestments

  • Lender requirements

  • Construction project advisory

  • Business interruption review

  • Captive pricing exercises

  • Claims consultancy

Key Contacts

Placeholder image

Piers Hughes

Head of Placement -Asia
Piers.Hughes@lockton.com
+65 6326 9270

General Inquiries

General Enquiries

enquiry.asia@lockton.com

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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Latest News & Insights

Optimize Employee Healthcare Plans with IPMI Solutions
Providing comprehensive healthcare coverage for employees is a top priority for businesses, yet rising healthcare costs and inflation pose significant challenges. Companies across Asia are feeling the pressure from increasing healthcare expenses driven by higher labor, equipment, and medicine costs. However, with the right strategies, businesses can leverage global healthcare solutions like International Private Medical Insurance (IPMI) to manage costs effectively without compromising essential benefits.
IPMI stands out as an exceptional option for enhancing benefits for top global talent, expatriates, and frequent travelers. This insurance ensures seamless access to medical facilities across multiple countries, allowing individuals to receive necessary care wherever they are in the world. HR leaders can evaluate the advantages of IPMI alongside local health insurance plans to choose the best option for their organization.
Here are five strategies for HR leaders in Asia to optimize employee healthcare plans and reduce costs without sacrificing quality:


Evaluate and Refresh Your Current Plan: Regularly review healthcare policies to ensure they remain competitive and aligned with evolving employee needs. Offering global healthcare options like IPMI can attract and retain top talent.


Consider Switching Providers: Take advantage of the competitive healthcare insurance market in Asia by exploring alternative insurers. Negotiate special rates for IPMI policies while ensuring local employees are covered through cost-effective plans.


Analyze Claims Data for Cost Drivers: Identify patterns in claims data to uncover cost drivers. Educate employees on appropriate coverage use to reduce unnecessary claims and optimize IPMI utilization.


Invest in a Wellness Program: Encourage healthier lifestyles through wellness initiatives, which can lower healthcare costs and improve employee productivity and satisfaction. Complement IPMI benefits with programs that promote overall wellbeing.


Partner with a Trusted, Client-Focused Broker: Navigate complex insurance options by partnering with an experienced broker. They can help optimize healthcare strategies, ensuring compliance and providing support for claims management and wellness program implementation.


At Lockton, we understand the challenges businesses face in managing healthcare costs while delivering high-quality benefits. By integrating customized healthcare plans with optional IPMI enhancements for mobile and international employees, we help companies develop cost-effective solutions that cater to their diverse workforce needs. 5 Proven Strategies to Reduce Employee Healthcare Costs Without Compromising Benefits

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Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.  Both the frequency and sophistication of ransomware attacks are rising. Affected businesses can be tempted to authorise requested ransom payments to renormalise operations as fast as possible. However, this is not a decision any company should hastily take without thorough consideration and due diligence.

Why risk needs to be part of your renewable project narrative

As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.As part of a global push towards a decarbonised grid, renewable project developers and investors are navigating increasingly complex risks, often beyond what standard project planning and contractual counterparty negotiations can manage. Proactive risk framing and insurance partnership strategies can help project developers and investors to better manage uncertainty and make their assets more bankable and tradable.

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