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Latest from Lockton

Australia’s beef producers are world leaders in quality, safety, and traceability. But even the most robust operations face the risk of product recalls whether due to contamination, mislabelling, or supply chain failures. And when recalls happen, the consequences can be immediate and severe: financial loss, market disruption, and long-term reputational damage.High steaks: Understanding the risks of beef recalls

Beyond the hype: Managing the silent risks in business change management

Talent Drain: Poor redundancy
management leads to losing key employees.
Workers’ Compensation: Poorly handled
changes increase psychological claims.
EPL Claims: Rising allegations of unfair
dismissal and discrimination.
Reputation Damage: Mishandled
redundancies harm employer brand.
Culture and Productivity: Poor
communication disrupts morale and
innovation.
Legal and Regulatory: Non-compliance
with Fair Work laws risks costly litigationTalent Drain: Poor redundancy
management leads to losing key employees.
Workers’ Compensation: Poorly handled
changes increase psychological claims.
EPL Claims: Rising allegations of unfair
dismissal and discrimination.
Reputation Damage: Mishandled
redundancies harm employer brand.
Culture and Productivity: Poor
communication disrupts morale and
innovation.
Legal and Regulatory: Non-compliance
with Fair Work laws risks costly litigation

Getting business interruption insurance right: A guide for manufacturers

For manufacturers, an interruption can be devastating and can mean not just lost revenue but broken contracts, delayed shipments, and damaged customer relationships. That’s where business interruption insurance (BI insurance) comes in. But getting it right requires more than just checking a box on your policy. Here’s how manufacturing businesses can help ensure their BI insurance provides the protection they truly need.
For manufacturers, an interruption can be devastating and can mean not just lost revenue but broken contracts, delayed shipments, and damaged customer relationships. That’s where business interruption insurance (BI insurance) comes in. But getting it right requires more than just checking a box on your policy. Here’s how manufacturing businesses can help ensure their BI insurance provides the protection they truly need.

Understanding Catastrophe Modelling

Understanding Catastrophe ModellingUnderstanding Catastrophe Modelling
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