The need to analyse, negotiate and facilitate decision making on all components of your insurance and risk management program is now more vital than ever before.

— PRODUCTS AND SERVICES

Data Analysis Services

Transforming data into meaningful information and quality decisions

Contact us

Understanding data is vital

The need to analyse, negotiate and facilitate decision making on all components of your insurance and risk management program is now more vital than ever before. The prevalence and availability of data is not the issue, it is how to disseminate the data into meaningful information to make quality decisions that can transform business operations and financial returns.

We provide clear and concise analytics to help you make informed decisions. Coupled with market intelligence and sound judgment, we assist you with creating a clear oversight of the current environment and strategic road maps to help meet business objectives.

Lockton’s approach to analytics is a key differentiator

Analytics are viewed as an ongoing, collaborative process to support our client’s businesses, not a static report. We challenge our clients to find answers to questions like:

  • Do I have the right retentions?

  • Do I have enough limits?

  • What is driving the change in my projected loss rate?

  • Do I have an exit strategy?

  • How is my risk changing as I acquire, divest and grow?

  • Are my losses tracking as expected?

  • How will my Total Cost of Risk change if I change my program structure?

  • How will my cash flow change if I change program structure?

  • How will multi-year structures change my Total Cost of Risk?

  • Is my claims management plan effectively reducing the cost of claims?

  • How can I implement preventative and cost mitigation plans?

Our Products and Services

Effective analytics services are based on supplementing quantitative data (collect, clean data and transform data) with qualitative understanding of your businesses (gain knowledge, apply wisdom, and achieve better results) as in the diagram to the right.

This process is universal to most classes of insurance where high volume claims or high values can be generated from the following risks:

  • Property and catastrophic events like major property exposure to weather, flood, fire, wind etc.

  • Workers’ compensation - all states, government and privately underwritten

  • Motor vehicle fleet

  • Liability

Presenting our client’s risk profile to insurers through a more informed lens will educate the underwriter to understand the risk and provide new opportunities to enhance cover, reduce price and reduce claim costs.

Questions? We'll guide you in the right direction.

Ask us about our products, services or anything else on your mind. Our insurance and risk specialists are here to help.

Talk to our team

Key Contact

Placeholder image

Craig Simpson

National Manager - Premium Strategy & Analytics
craig.simpson@lockton.com
+61 414 637 205

General Inquiries

Get in touch

info.au@lockton.com

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

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

article
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 Middle East and North Africa (MENA) ...
Read moreCyber-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

With a global footprint of 135+ offices, there’s sure to be one near you.

Find an office
*135+ Lockton offices and partner offices worldwide
Lockton blue globe