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
Tessie
Tang

SVP, Head of Beijing
General
Inquiries

General Inquiries

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To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. 

To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place.
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