We understand our clients’ insurance needs and provide bespoke solutions. By offering our clients support and guidance in identifying those uninsured risks we can advise how they can be managed effectively.

PRODUCTS AND SERVICES

Risk Management Services

Not all risks can be covered by insurance

Lockton's consultative process analyses different captive options

We understand our clients’ insurance needs and provide bespoke solutions. By offering our clients support and guidance in identifying those uninsured risks we can advise how they can be managed effectively.

Our approach is systematic and inclusive, designed to analyse, resolve and cover. 

This process can be very beneficial in assisting management in formulating an efficient risk financing program that contributes to the overall reduction in the cost of risk and contributes to greater earnings stability.

Our Products and Services

Consulting and advisory services:

  • Enterprise risk management

  • Insurable risks gap analysis

  • Business continuity management

  • Strategic and operational risk assessment

  • Risk profiling: including property loss control and business interruption 

  • Health and safety 

  • Training seminars and workshops

  • Captive and other self-insured structures

Analytical services: 

  • Claims analysis 

  • Risk retention analysis

  • Financial analysis stress test 

  • Advanced risk exposure analysis 

  • Program benchmarking

  • Captive feasibility focused on alternative self-insurance strategies and risk transfer methods

Key Contact

Placeholder image

Andrew Wait

Chief Operating Officer
andrew.wait@lockton.com
+61 499 975 012

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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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Latest news and insights

Following the recent Senate Inquiry into the nationwide outage experienced by Optus in November 2023, critical risk-based insights emerged. These bear practical significance for organisations across a diverse range of industries. These insights underscore the importance of cultivating robust systems, refining communication strategies and embracing concrete safeguards to pre-empt and mitigate the impact of similar incidents in the future.  
Optus Network Outage Senate Inquiry: key insights and practical actions to take

Vinh Ngo named a rising star by Insurance Business

Lockton Australia Client Director, Vinh Ngo, has been named a “rising star” by Insurance Business.
The annual list shines a spotlight on passionate, young insurance professionals committed to hitting milestones for themselves and their clients and colleagues. Lockton Australia Client Director, Vinh Ngo, has been named a “rising star” by Insurance Business.
The annual list shines a spotlight on passionate, young insurance professionals committed to hitting milestones for themselves and their clients and colleagues.

The public liability dilemma facing the aged care sector

Aged care providers’ public liability insurance policies are increasingly at risk from financial recovery by workers’ compensation insurers nationwide. Recovery claims are being made against providers with a particular inter-entity structure that creates a loophole for such claims tobe allowed. Recovery claims are also being made against providers as host employers of injured labour hire staff.Aged care providers’ public liability insurance policies are increasingly at risk from financial recovery by workers’ compensation insurers nationwide. Recovery claims are being made against providers with a particular inter-entity structure that creates a loophole for such claims tobe allowed. Recovery claims are also being made against providers as host employers of injured labour hire staff.

Lockton Australia named a Best Workplace for Women

Lockton Australia is thrilled to announce that it has been listed as one of Australia’s Best Workplaces™ for Women in 2023. Great Place To Work®, the global authority on workplace culture revealed the 50 companies on the List in an online announcement earlier today. Lockton Australia is thrilled to announce that it has been listed as one of Australia’s Best Workplaces™ for Women in 2023. Great Place To Work®, the global authority on workplace culture revealed the 50 companies on the List in an online announcement earlier today.
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