The following payment options are available to all clients: • Premium funding • BPAY • Remittance advice • Over the phone

Payment Options

The following payment options are available to all clients:

Premium funding

Lockton offers specialised and tailored premium funding options to clients through our in-house funding experts. Our in-house premium funding experts are committed to the highest standards of excellence, and have years of experience managing tailored solutions to individual needs.

The benefits of premium funding include:

  • Conserve cash flow

  • Interest cost is usually tax deductible

  • Working capital can be utilised to generate additional income that may offset part of the funding cost

  • Provides an alternative source of capital rather than the traditional facilities such as bank overdrafts, which are usually secured by business or personal assets

  • Premium funding may be considered as an “off balance sheet” loan

  • Premium funding loans are generally not secured by business assets, such as a charge over the company or directors’ guarantees but rely on the unused portion of the insurance premium as security in the event of default

  • As cash flow is improved by premium funding, the client can more easily afford a complete insurance and risk management program which may avoid under-insuring and therefore help to protect the business

Contact your broker to arrange a premium funding quotation.
 

BPAY

You can pay your premiums via BPAY through your bank’s website using the biller code and customer reference number provided on your invoice or statement.
 

Remittance advice

You can return your remittance advice to our office including your credit card details, a money order, or cheque for payment.

Please note there is a credit card fee of 1.04% for Visa and MasterCard. We do not accept American Express.
 

Over the phone

We accept credit card payments over the phone, you just need to provide your card number, expiration date, and CCV code as well as your invoice number for payment.

Please note there is a credit card fee of 1.04% for Visa and MasterCard. We do not accept American Express.

Latest from Lockton

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

Balance Sheet Protection: Specialised D&O Insurance Solutions

Directors & Officers (D&O) insurance should not be treated as a routine procurement exercise. As a non-prescribed class of insurance, D&O policies are not subject to minimum coverage standards. In today’s soft insurance market, this means insurers can significantly dilute policy terms to maintain premium competitiveness, potentially leaving critical gaps in protection.Directors & Officers (D&O) insurance should not be treated as a routine procurement exercise. As a non-prescribed class of insurance, D&O policies are not subject to minimum coverage standards. In today’s soft insurance market, this means insurers can significantly dilute policy terms to maintain premium competitiveness, potentially leaving critical gaps in protection.

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.

Anticipated growth in Australia's industrial property sector: Are your risks covered?

Australia's industrial property sector encompasses assets ranging from manufacturing plants to logistics hubs and warehouses.
According to Knight Frank's Australian Horizon 2025 report, Australia's industrial property sector is poised for substantial growth in 2025
This anticipated growth is reinforcing investor confidence, leading many property developers and investors to expand their portfolios in the industrial space.

For developers and investors, understanding the key factors that influence project feasibility is essential. 
Australia's industrial property sector encompasses assets ranging from manufacturing plants to logistics hubs and warehouses.
According to Knight Frank's Australian Horizon 2025 report, Australia's industrial property sector is poised for substantial growth in 2025
This anticipated growth is reinforcing investor confidence, leading many property developers and investors to expand their portfolios in the industrial space.

For developers and investors, understanding the key factors that influence project feasibility is essential.
See all news and insights