With markets presenting an unprecedented level and complexity of challenges, the time has come to get an external, objective review of your current arrangements. Our specialist team will share their thoughts, insights and recommendations for you based on a deep understanding of your organisation, your strategic objectives, and what they know adds value for organisation in your field.

PRODUCTS AND SERVICES

Insurance Review

An objective analysis of your current insurance program

With markets presenting an unprecedented level and complexity of challenges, the time has come to get an external, objective review of your current arrangements.

Our specialist team will share their thoughts, insights and recommendations for you based on a deep understanding of your organisation, your strategic objectives, and what they know adds value for organisations in your field.

Our review will focus on key components of your insurances, from policy wordings, limits and deductibles, and premiums, ensuring that your program has kept pace with an everchanging market.

The output of this work will provide you with a full gap analysis and most importantly, the strategies to drive improvements and better outcomes for you.

We recently appointed Lockton to review our management of risk. The ARC process led to a fresh and more rigorous approach to our risk and insurance requirements, and assisted in engaging and educating senior management in the risk management process.
Multinational mining contractor with operations in Australia and Africa

The benefit to your business:

  • Comfort and peace of mind that your program has been challenged and benchmarked by an external, objective organisation.

  • Saving of time and resource cost of going through a full tender.

  • Confirmation that policies are fit-for-purpose, advice detailing gaps in coverage, and wording improvements.

  • Recommendations for alternative strategies and options to mitigate the impact of
    rising premiums or purchase of more cost-effective cover.

  • Advice on opportunities to provide additional or innovative cover across your risk
    profile.

Female business executive leading meeting in office conference room

The Process

This straightforward and streamlined process requires minimal time investment once we have received the information listed below:

  • Current policy schedules and wordings

  • A copy of your most recent renewal report

  • Claims history (five years)

  • Any risk management or improvement work that has been undertaken (internally or through an external party)

We understand the strict confidentiality around your insurances, and our team would be more than happy to operate under an NDA throughout the process.

Key Contact

Placeholder image

Patrick Moore

Head of Business Development
patrick.moore@lockton.com

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
culture-quote-tiernan

Latest from Lockton

Property owners and investors are betting big on data centres, but utility and infrastructure risks could quietly erode the success of these projects if left unaddressed.Data centre downtime: Utility infrastructure dependencies

Lockton Advises on Major Milestone for Marinus Link

Lockton has advised Marinus Link on achieving Financial Close for its critical subsea interconnector between Tasmania and mainland Australia - a major milestone that paves the way for construction of one of the nation’s most significant clean energy projects.Lockton has advised Marinus Link on achieving Financial Close for its critical subsea interconnector between Tasmania and mainland Australia - a major milestone that paves the way for construction of one of the nation’s most significant clean energy projects.

Webcast Replay | Breaking Borders: Digital asset regulations and insurance strategies to keep up

The digital asset ecosystem continues its steady march toward regulatory clarity. Learn how these shifts impact businesses—and why insurance is a cornerstone of effective risk management within the digital assets space.The digital asset ecosystem continues its steady march toward regulatory clarity. Learn how these shifts impact businesses—and why insurance is a cornerstone of effective risk management within the digital assets space.

ASIC scrutiny raises the stakes for Directors and Officers

Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has ramped up scrutiny of large private companies, warning of enforcement action for non-compliance with financial reporting obligations. 
The recent probe into a beauty retailer, one of the country’s largest privately owned businesses, is the latest high-profile example in what an ASIC spokeswoman has described as a “broader crackdown,” (according to an article by The Australian Financial Review).
Australia’s corporate regulator, the Australian Securities and Investments Commission (ASIC), has ramped up scrutiny of large private companies, warning of enforcement action for non-compliance with financial reporting obligations. 
The recent probe into a beauty retailer, one of the country’s largest privately owned businesses, is the latest high-profile example in what an ASIC spokeswoman has described as a “broader crackdown,” (according to an article by The Australian Financial Review).
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