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.

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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

Our European Contacts

Sebastian
Nergård
Vice President
+47 480 75 463
Email

News and Insights

Most firms very wisely seek to limit their liability to clients in their engagement letters. It makes sense to do this so the firm and the client both know how much financial compensation might be available if things go wrong. But while limiting liability is good risk management practice, such clauses must be drafted carefully to be effective. Problems arise where the perceived losses are more than the limit of liability contained in the engagement letter. And if restrictions and exclusions are too onerous, they could be deemed unenforceable, leaving liability unrestricted. Law firms: limiting liability in engagement letters

Law firms: limiting liability in engagement letters

article
This article has been produced by Jason Nash , Solicitor at law firm Browne Jacobson, in collaboration with Nicola Anthony, Risk Manager at Lockton. Most firms very wisely seek to limit their liability to clients in their engagement letters. It makes sense to ...
Read moreLaw firms: limiting liability in engagement letters

Hydrogen vehicles and refuelling stations: property considerations

Increasing fuel costs and the ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine. Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use. Increasing fuel costs and the ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine. Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use.

Lockton Norway AS: Where exceptional talent is driving rapid growth

Lockton Norway AS has revealed its succession plan for its senior leadership team. The move follows the company’s rapid growth in the region. Anders Johannessen will become CEO of Lockton’s Norway business from May 1. His predecessor Cato Aamodt will remain a key component of the Norwegian leadership team. Meanwhile, Lorraine Boyle is set to become chair of Lockton Norway, taking over from Alistair Rivers – CEO of the company’s Global Marine business. Lockton Norway AS has revealed its succession plan for its senior leadership team. The move follows the company’s rapid growth in the region. Anders Johannessen will become CEO of Lockton’s Norway business from May 1. His predecessor Cato Aamodt will remain a key component of the Norwegian leadership team. Meanwhile, Lorraine Boyle is set to become chair of Lockton Norway, taking over from Alistair Rivers – CEO of the company’s Global Marine business.

Deepfake and the risk of vendor fraud: challenges and solutions for solicitors

Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients. To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients. To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.
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