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Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
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— Articles
Insurance Brokers & Financial Advisors
5 common claim trends for MGAs - and how to mitigate them
Placing and binding risks do not always go to plan. For any MGA, being mindful of potential sources of claims is the first step when it comes to creating a robust and effective risk management framework. In this article, we’ve partnered with leading …
— Articles
Entertainment
Weathering the storm: utilising parametric insurance to tackle event cancellation
Extreme weather is no longer a theoretical or future risk to live entertainment. Meteorological perils, such as rainfall, wildfires, and extreme heat, are scuppering productions now. As unpredictable weather patterns become a systemic threat to the l …
— Articles
Private Clients
Why wildfire is a growing risk to high-value homeowners
As periods of prolonged heat, dry weather, and changing land conditions become more common across the UK, the potential for wildfire damage is increasing – bringing new considerations for owners of high-value homes, country estates, and rural propert …
— Articles
Marine
Baltimore bridge collapse: two years on, big questions remain
It’s more than two years since 26 March 2024, when the Dali container ship struck the Francis Scott Key bridge, causing its collapse. The Singapore-flagged vessel lost power shortly after departing the port of Baltimore, before colliding with the bri …
— Articles
Accountants
Accountants: how stress and wellbeing becomes a professional indemnity risk
Being an accountant can be stressful. Rather than being dismissed as an inevitable part of the job, businesses must recognise stress and burnout have tangible consequences for individuals, teams, clients, and firms. In this article, we explore how re …
— Articles
Accountants
Why record keeping is a critical aspect of risk management
For accountants, good record keeping is not simply an administrative task. It is a core risk management tool and, in many cases, the difference between successfully defending a professional indemnity (PI) claim and being left exposed. If a client all …
