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

General Inquiries

Get in touch

info.au@lockton.com

We're here to help

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

Lockton, the world’s largest independent insurance broker, has appointed Mark Jones as its new International Chief Financial Officer (CFO), effective immediately.  Lockton appoints Mark Jones as International Chief Financial Officer

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Explore the key changes introduced by the new Aged Care Act, effective 1 July 2025. This article summarises the significant updates and their impact on aged care service providers, including new regulatory models, strengthened quality standards, and enhanced worker screening. Stay informed about the latest developments in aged care governance and compliance.Explore the key changes introduced by the new Aged Care Act, effective 1 July 2025. This article summarises the significant updates and their impact on aged care service providers, including new regulatory models, strengthened quality standards, and enhanced worker screening. Stay informed about the latest developments in aged care governance and compliance.

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•	Whilst artificial intelligence (AI) is undeniably a useful tool, the velocity in which AI has continued to develop and the varying platform options available, could leave firms exposed.
•	Misinformation and disinformation pose serious business and ethical risks to companies, especially those utilising AI technology for consulting and advisory services. 
•	The input of mass data, including confidential and sensitive personal information will need to be carefully considered as AI can be manipulated by threat actors. Firms can also be vulnerable to the security controls AI platforms have in place. Heavy fines and regulatory action are possible, and, in some scenarios, prosecution could occur. 
•	Following the Privacy Act reforms, firms will need to revisit their existing policies and procedures to ensure privacy data obligations are being considered and met when using AI.
•	Whilst artificial intelligence (AI) is undeniably a useful tool, the velocity in which AI has continued to develop and the varying platform options available, could leave firms exposed.
•	Misinformation and disinformation pose serious business and ethical risks to companies, especially those utilising AI technology for consulting and advisory services. 
•	The input of mass data, including confidential and sensitive personal information will need to be carefully considered as AI can be manipulated by threat actors. Firms can also be vulnerable to the security controls AI platforms have in place. Heavy fines and regulatory action are possible, and, in some scenarios, prosecution could occur. 
•	Following the Privacy Act reforms, firms will need to revisit their existing policies and procedures to ensure privacy data obligations are being considered and met when using AI.

Preparing for the New Aged Care Act: Risk and insurance implications for aged care service providers

The new Aged Care Act, effective July 1, 2025, introduces significant changes for aged care service providers. These changes bring new governance, risk, and insurance implications. This article explores key risk and insurance impacts for aged care providers and offers actionable strategies to mitigate these risks.The new Aged Care Act, effective July 1, 2025, introduces significant changes for aged care service providers. These changes bring new governance, risk, and insurance implications. This article explores key risk and insurance impacts for aged care providers and offers actionable strategies to mitigate these risks.
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