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

Carol
Chan
SVP, Head of Real Estate & Construction, Power & Energy – Greater China
Email
Tessie
Tang
SVP, Head of Beijing
Email
Christopher
Cheng
SVP, Head of Builders Risk - Corporate PEC
+852 2250 2628
Email
General
Inquiries
General Inquiries
Email

Latest News & Insights

Lithium-ion batteries have become both ubiquitous and essential to our modern lives. Utilised in our homes, workplaces, and transportation, lithium-ion batteries provide a readily available and reliable source of power for devices, such as cars, e-bikes, computers, and mobile phones. Inside Risk: lithium-ion battery returns — managing property fire risk in the retail sector

Inside Risk: lithium-ion battery returns — managing property fire risk in the retail sector

article
Lithium-ion batteries have become both ubiquitous and essential to our modern lives. Utilised in our homes, workplaces, and transportation, lithium-ion batteries provide a readily available and reliable source of power for devices, such as cars, e-bikes, compu ...
Inside Risk: lithium-ion battery returns — managing property fire risk in the retail sector

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

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. 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.

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.
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