Lockton is very proud to announce its membership of RISCAuthority.
An annually funded research scheme administered by the Fire Protection Association (FPA), RISCAuthority has been the insurance focal point for research since 2001. The scheme is supported by a significant group of UK insurers, and publishes extensive guides and recommendations for risk management, predominantly on property protection, with their core purpose being to continually raise resilience standards within the business community.
We have already started to play an active role. We recently delivered an interactive presentation entitled ‘Risks on the Horizon’ to 350 delegates at the annual RISCAuthority Member Seminar in London. The talk explored the complexity of the future risk landscape and focused on climate change and sustainability, disruptive technologies, and the many faces of AI. These are all emerging key risks that our clients are facing.
Mark Hallworth, Risk Engineer at Lockton, said, “Lockton is the only current broker member of the RISCAuthority and now has a direct voice in helping to shape standards and best practices for our customers and the insurance industry. When we engage with our clients at the initial stages of project development and investment planning, the first property protection advice they receive will often be from us. Integrating RISCAuthority resources, emerging risk insights, and best practice standards into client risk conversations will help reduce potential losses, improve property risk quality, and enhance our clients’ long-term resilience. We want our clients to be ready for tomorrow’s challenges, which will benefit both themselves and their insurers.”
The Lockton Risk Control Services team provides a range of strategic and operational risk management services, offering comprehensive strategies and guidance to improve our clients’ risk maturity, support the achievement of their business objectives and support the placement of Insurance.
Don Oakley, Head of RISCAuthority, said, “We are really pleased Lockton has joined RISCAuthority alongside our insurer members as they bring additional customer insight through the lens of a broker risk management team. The RISCAuthority research fund plays an important part in fire safety and asset protection so we welcome wider input from the insurance industry to encourage greater collaboration across the fire research sector.”
For further information, please contact rcs@lockton.com (opens a new window).
About Lockton What makes Lockton stand apart is also what makes us better: independence. Lockton’s private ownership empowers its 13,100+ Associates doing business in more than 155+ countries to focus solely on clients’ risk and insurance needs. With expertise that reaches around the globe, Lockton delivers the deep understanding needed to accomplish remarkable results. For more information, visit www.lockton.com. (opens a new window)
About the FPA The Fire Protection Association (FPA) is an independent profit-for-purpose organisation dedicated to safeguarding people, property, and the environment from fire-related and other risks. Established in 1946, the organisation’s heritage lies in sharing fire safety guidance and information with government, industry, insurers, members, and the wider public, through research and testing, consultancy, training, risk management publications, risk surveying, and auditing. For more information, visit www.thepfa.co.uk (opens a new window).