Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Inside Risk: Mitigating the risk of hot works
Hot works continue to be one of the main causes of substantial fire loss in commercial premises, resulting in property damage, business interruption, and potential loss of customers. It can ignite combustible materials nearby and potentially more dis …
The benefits of separating fine art and specie from property cover
Fine art and specie collections can appreciate significantly in value over short periods of time. As a result, insuring these high value items under a general property insurance policy could result in the fine art and specie collections being underin …
Inside Risk: Fire protection impairment management
Fixed fire protection systems such as sprinklers are an effective way to control or suppress a fire in its early stages, limiting the potential loss to the property and the business, as well as the risk to life. However, to be effective, fire protect …
The risk evolution of automated storage systems
The world of storage and distribution is changing. To improve operational efficiency, operators are seeking ways to optimise space utilisation, increasing both the height and/or density of storage with warehouse and distribution centres. One approach …
Addressing the growing risk of blades detaching from wind turbines
Wind turbines are an increasingly popular form of energy generation. Although dependent on size, their ability to potentially power a home for two days with a single rotation has contributed to a 9% YoY growth of total installed wind capacity to 906 …
Professional services firms: how to navigate cyber risks
In an era dominated by digital transformation, the professional services sector is perched on the precipice of cyber risk. As firms increasingly digitise their operations, the allure of efficiency and convenience is accompanied by a lurking threat: t …
