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As the global climate shifts, wildfires are becoming more frequent and intense. The economic and environmental consequences can be devastating, and the need for effective firefighting aircraft has never been greater. Purpose-built firefighting aircraft and their pilots stand at the forefront of this battle, providing essential service in saving property, forestry, and lives, but traditional insurance models have made insuring these aircraft prohibitively expensive. It is essential that insurers, brokers, and insurance buyers work together to improve the insurance conditions for these operations as the need to fight wildfires is set to rise further.

Reducing the cost of insuring firefighting aircraft

As the global climate shifts, wildfires are becoming more frequent and intense. The economic and environmental consequences can be devastating, and the need for effective firefighting aircraft has never been greater. Purpose-built firefighting aircraft and the ...

Insurance explained: understanding vicarious liability

Recruitment agencies may be contractually liable for the negligent acts, errors, and omissions of the temporary workers they place with hiring companies. While some businesses may lack insurance protection against this exposure, others may not be required to cover vicarious liability under contract and could be paying for cover unnecessarily.

Below, we explain what vicarious liability is, whether it’s right for your business, and how to select a suitable policy.

Recruitment agencies may be contractually liable for the negligent acts, errors, and omissions of the temporary workers they place with hiring companies. While some businesses may lack insurance protection against this exposure, others may not be required to cover vicarious liability under contract and could be paying for cover unnecessarily.

Below, we explain what vicarious liability is, whether it’s right for your business, and how to select a suitable policy.

Protecting luxury residential developments

Luxury residential properties carry unique challenges. High-end construction materials, valuable contents such as fine art, heightened security needs, and the expectation of high standard alternative accommodation means any loss event can be costly.
Fortunately, sophisticated insurance solutions and proactive mitigation can help to minimise the risk.

Luxury residential properties carry unique challenges. High-end construction materials, valuable contents such as fine art, heightened security needs, and the expectation of high standard alternative accommodation means any loss event can be costly.
Fortunately, sophisticated insurance solutions and proactive mitigation can help to minimise the risk.

Lockton launches dedicated Offshore Projects Practice to navigate complex Energy, Marine and Power risks

Lockton, the world’s largest independent insurance broker, has launched a new Offshore Projects Practice. Led by specialists Jack Swift, David Vajnai and Alex Morgan alongside Lockton colleagues including Upstream Energy Leader Matthew Preston, Construction Leader Robert Wilson and Renewable Energy Leader Michael Bogdan, the Practice is a network of Associates within Lockton that will help clients with bespoke risk transfer solutions for offshore projects.

Lockton, the world’s largest independent insurance broker, has launched a new Offshore Projects Practice. Led by specialists Jack Swift, David Vajnai and Alex Morgan alongside Lockton colleagues including Upstream Energy Leader Matthew Preston, Construction Leader Robert Wilson and Renewable Energy Leader Michael Bogdan, the Practice is a network of Associates within Lockton that will help clients with bespoke risk transfer solutions for offshore projects.

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