Insurance and risk management are playing a key role in the energy transition, and as industry advocates, we collaborate with the Clean Energy Council to support this shift.
The Power and Infrastructure sector is one of the most dynamic industries of the 21st century and very few industries are experiencing a transformation or transition like what is occurring in Australia.
Climate change, system security, reliability, storage, evolving electricity market demand, technologies, unprecedented investment, government policy and regulations and erosion of traditional base load markets all present a complex set of risks to all market participants.
Whether that be power generation, transmission and distribution network owners, developers, retailers or infrastructure service providers, we help businesses manage their risk finance strategy and deliver innovative solutions that support your aspirations.
Energy
From upstream to downstream, participants in this heavily regulated market are operating in a uniquely challenging environment.
Global pandemics, volatile commodity and financial markets, supply chain challenges, decreased oil consumption etc have placed greater uncertainty on our industry and the risks that need to be considered are unique. Operators, contractors and service companies alike need innovative, cost effective methods of managing their risks.
New problems require new solutions and Lockton is here to help the energy sector companies optimise risk financing and to deliver innovative solutions to support your aspirations.
The team are always highly efficient, respond promptly to all queries and are proactive in managing service personnel, identifying issues or working towards a resolution that is acceptable for all stakeholders.
Introduction Australia’s trade credit insurance (TCI) market is showing renewed momentum, supported by improved underwriting confidence, increased product availability and a growing recognition of trade credit insurance as a strategic risk management tool. In ...
