Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Understanding Catastrophe Modelling
Protecting your assets before the storm hits As extreme weather events become more frequent and unpredictable, businesses need more than insurance - they need insight. Catastrophe modelling brings together science, engineering, and financial data to …
The Pafburn case: A turning point in project development
The backstory The Pafburn case revolved around a residential development in North Sydney, where the owners' corporation sued the builder and developer for construction defects. The central issue was whether the statutory duty of care under the Design …
Future shock in the boardroom: The evolution of corporate governance
Background: Rapid change continues When Alvin Toffler coined the phrase "Future Shock" to describe the disorientation caused by rapid technological and societal change, he was more professorial than he likely imagined. From a corporate governance pe …
Embers of Opportunity: Australia Bushfire Liability Market Update
The bushfire liability insurance market is entering a new phase. This is marked by cautious optimism, greater scrutiny, and a shift in insurer confidence. In 2024, we saw over $100 million in new capacity enter the space, a welcome sign after years o …
Commercial Property Exposure from Electric Vehicle Chargers
Electric vehicle chargers are here to stay As Australia drives toward a greener, more sustainable future, electric vehicles (EVs) are becoming an increasingly dominant part of the transportation landscape. With EV sales accelerating rapidly, the shif …
How D&O insurance can help protect against cyber related liability
The consistent evolution in the risk, breadth, and nature of cyber-attacks has solidified cyber risks as a key topic in many boardrooms. Beyond businesses suffering immediate financial losses and operational disruption, directors and officers may fac …