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

General Inquiries

Get in touch

info.au@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

Incident response firm Atmos, DFIR firm CyberCX, and Lockton Australia’s Cyber Practice have recently observed a sharp spike in ransomware events across Australia and New Zealand impacting small and large businesses alike. Executive Cyber Briefing: Akira Threat

Executive Cyber Briefing: Akira Threat

article
Australia and New Zealand are facing a sharp rise in ransomware activity driven by the Akira threat group, which is exploiting a known SonicWall SSL-VPN vulnerability. Businesses of all sizes are being targeted, with attackers moving rapidly from initial acces ...
Read moreExecutive Cyber Briefing: Akira Threat

Securing support in challenging sectors: what CFOs need to know?

Strategic insights for CFOs, finance leaders, and credit risk teams navigating insolvency spikes, increasing credit pressures, and global volatility. Strategic insights for CFOs, finance leaders, and credit risk teams navigating insolvency spikes, increasing credit pressures, and global volatility.

Managing hot works in processing plants: An insurance risk perspective

Hot works, such as welding, grinding, cutting, or soldering, pose significant fire risks—particularly in complex environments like processing plants. Hot works, such as welding, grinding, cutting, or soldering, pose significant fire risks—particularly in complex environments like processing plants.

New safety standards unveiled for Australia’s care workforce

Safe Work Australia has released the Model Code of Practice for the Healthcare and Social Assistance Industry, introducing new national WHS standards for care sector organisations. In this article, we explore the Code’s implications and share practical insights to help providers strengthen compliance, manage risk, and enhance workforce safety.Safe Work Australia has released the Model Code of Practice for the Healthcare and Social Assistance Industry, introducing new national WHS standards for care sector organisations. In this article, we explore the Code’s implications and share practical insights to help providers strengthen compliance, manage risk, and enhance workforce safety.
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