In a highly litigious world, the advice that professional services businesses provide to their clients is increasingly open to challenge. Our experienced team of practitioners is dedicated to helping you manage and mitigate that risk, offering a range of tailored professional indemnity insurance and risk management services to protect your business.

PRODUCTS AND SERVICES

Professional Indemnity Insurance

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Our experience and market access makes the difference

In a highly litigious world, the advice that professional services businesses provide to their clients is increasingly open to challenge. Our experienced team of practitioners is dedicated to helping you manage and mitigate that risk, offering a range of tailored professional indemnity insurance and risk management services to protect your business.

Our clients come in all shapes and sizes, from small boutique practices to some of the largest in the world. Globally, we work with 30 of the top 100 law firms, eight of the top 20 largest ranked engineering and construction firms, as well as representing industry associations including the Association of Chartered Certified Accountants, The Law Society of Scotland and, our professional peers, British Insurance Brokers’ Association.

Utilising lasting relationships with highly-rated insurers across the globe, we also offer our clients exclusive access to insurance capacity and facilities for a variety of professions, including accountants, insurance brokers, IFAs, solicitors and surveyors.

What we bring

Who we work with

  • Accountants

  • Architects, engineers and contractors

  • Insurance brokers

  • IFA's

  • Recruitment/ umbrella companies

  • Solicitors

  • Surveyors

  • Emerging professions such as IT and business consultancies

Our services

  • Professional indemnity insurance

  • Multi-year single project professional indemnity

  • Cyber liability insurance

  • Management liability insurance

  • Crime insurance

  • Regulatory response insurance

  • Asset protection insurance

  • Package office insurance (Lockton Office Guardian)

  • Risk management advice, training and consultancy

Lockton Denmark Contacts

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Kristian Nordbye

Head of Commercial PI - Senior Vice President
kristian.nordbye@lockton.com
+45 2685 7301

News and Insights

We are pleased to share the Lockton H1 2024 London Insurance Market Update, intended to keep you abreast with underwriting and risk trends from a London Market perspective. This issue contains insights from 20 business segments across Lockton, along with a spotlight feature on our MENA operations and trends pertinent to that market. Our largest update to date, it is a testament to our continued growth as a business. London Market Insurance Update H1 2024

The risk evolution of automated storage systems

Automated storage and retrieval systems (ASRS’s) are being used in warehouses more frequently to improve efficiency. The technology has the potential to reduce human error, optimise space utilisation, and enable faster order fulfilment. However, claims resulting from system failures and insufficient risk mitigation measures are on the rise. Businesses need to identify, monitor, and protect against potential hazards, particularly those related to fire, not least to be able to secure appropriate insurance cover.Automated storage and retrieval systems (ASRS’s) are being used in warehouses more frequently to improve efficiency. The technology has the potential to reduce human error, optimise space utilisation, and enable faster order fulfilment. However, claims resulting from system failures and insufficient risk mitigation measures are on the rise. Businesses need to identify, monitor, and protect against potential hazards, particularly those related to fire, not least to be able to secure appropriate insurance cover.

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 GW in 2022, according to the Global Wind Energy Council. However, a recent incident in the the UK where a wind turbine shed blades highlights the changing weather conditions that designers have to  address, when looking at the extremes of weather that may be seen in operation.  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 GW in 2022, according to the Global Wind Energy Council. However, a recent incident in the the UK where a wind turbine shed blades highlights the changing weather conditions that designers have to  address, when looking at the extremes of weather that may be seen in operation.

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: the ever-evolving realm of cyber threats.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: the ever-evolving realm of cyber threats.
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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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