Articles

5 common claim trends for MGAs - and how to mitigate them

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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  …

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Articles
Insurance Brokers & Financial Advisors

Why MGAs need purpose-built Professional Indemnity Insurance

As an MGA, you occupy a unique position. You’re not brokers, and you’re not an insurer – but you do hold delegated authority, make underwriting decisions, and often manage claims within your authority. For a long time, MGAs have been placed under sta …

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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 …

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Private Clients

Subsidence: the quiet threat from severe drought

In the UK, the spring and summer of 2026 have been plagued by exceptionally low rainfall and prolonged high temperatures. Beyond wildfire risks and hosepipe bans, drought conditions pose another significant threat to homeowners: subsidence. In this a …

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Articles
Construction Professionals

Principal Designer role: impacts and insurance concerns for firms

The Building Safety Act 2022 (BSA)’s introduction of a new Principal Designer role has created concerns for design professionals around whether they could, or should, undertake the role themselves. These concerns have been exacerbated by uncertaintie …

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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 …

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