Lockton’s dedicated Analytics insurance team provides bespoke analysis, market intelligence and insights to help you make informed decisions about risk retention and financing. By sharing easy-to-interpret analysis, our in-house industry experts will help you evaluate and plan for the unique exposures you face, while providing you with an audit trail to present to key stakeholders.

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Inform your decision-making with tailored analytics

Lockton’s dedicated Analytics Insurance team provides bespoke analysis, market intelligence and insights to help you make informed decisions about risk retention and financing.

By sharing easy-to-interpret analysis, our in-house industry experts will help you evaluate and plan for the unique exposures you face, while providing you with an audit trail to present to key stakeholders.

We work with you to measure and understand your risks, using analytics to assess expected outcomes and scenarios, while evaluating new ways to finance your exposures. In short, our goal is to provide you the analysis you need to achieve the best possible solution.

What we bring to your business

Risk tolerance analysis

  • Using annual reports and other publicly available information, we will assess the impact of unbudgeted loss events on your key financial indicators

  • This enables you to understand your financial ability to take insurance risk

Risk appetite interviews

  • Through a series of interviews with key personnel, we will discuss your key risks and how you might finance them

  • This helps determine your financial willingness to take insurance risk. Coupled with your risk tolerance, this enables you to ensure your insurance is ideal for your business

Collateral estimates

  • Using claims data, risk exposures and claims development triangulations, we estimate the funds that should be set aside to pay for unsettled claims

  • This aids negotiations with insurers, allowing them to gauge the level of collateral required

Loss projections

  • Using your data and our own internal industry data, we project the aggregate losses that could occur for the forthcoming policy period

  • This gives insight into the potential quantum of your risks, enabling you to plan for ‘bad’ years and secure appropriate insurance for your risk appetite. It also provides estimates for the losses you will need to fund at a specific level of retention

Economic cost of risk analysis

  • Using our loss projections, we design the most financially efficient insurance structure that will:

    • Fit your risk appetite and tolerance

    • Use the most efficient blend of own and third party capital

  • This approach minimises your cost of risk and informs your decision-making regarding your insurance placement

News and Insights

The relatively recent Court of Appeal decision of Providence Building Services Ltd v Hexagon Housing Association Ltd (2024) sets out a strict interpretation of the termination provisions within JCT Design and Build Contracts. The decision may have commercial implications for employers utilising this standard form. More broadly, it highlights the court’s approach of strict interpretation of contracts between commercial parties. Construction professionals must be aware of this when signing up to their appointments, collateral warranties, and letters of reliance.Providence v Hexagon: JCT contracts, strict interpretation and implications for PII

7 key insurance considerations when travelling abroad

Luxury travel has boomed in recent years, as holidaymakers set their sights on ever-more adventurous holidays in far-flung, untouched destinations. But whether it’s a weekend getaway, or the trip of a lifetime, it’s vital to consider whether you’re properly insured.

As our experts explain, taking the time to review your cover before you travel can save you time and stress later down the line.Luxury travel has boomed in recent years, as holidaymakers set their sights on ever-more adventurous holidays in far-flung, untouched destinations. But whether it’s a weekend getaway, or the trip of a lifetime, it’s vital to consider whether you’re properly insured.

As our experts explain, taking the time to review your cover before you travel can save you time and stress later down the line.

Lockton and Lockton Re sponsor Dive In Festival

Lockton and Lockton Re are proud to sponsor the Dive In Festival, a global initiative to support the development of inclusive workplace cultures in the insurance industry. It’s a key priority for us to create an environment where our talent can thrive. Our Associates are our most valuable assets, and they are at their best when they can be authentic in the workplace.Lockton and Lockton Re are proud to sponsor the Dive In Festival, a global initiative to support the development of inclusive workplace cultures in the insurance industry. It’s a key priority for us to create an environment where our talent can thrive. Our Associates are our most valuable assets, and they are at their best when they can be authentic in the workplace.

An insurance broker’s guide to buying a new car

Buying a new car is exciting, and insurance might not be the first thing on your mind. But the right coverage helps protect your investment from the unexpected. Considering your options early ensures you drive off with both confidence and peace of mind.

In our latest article, our experts propose some key points to consider when it comes to insuring your vehicle, and how our policy can help.Buying a new car is exciting, and insurance might not be the first thing on your mind. But the right coverage helps protect your investment from the unexpected. Considering your options early ensures you drive off with both confidence and peace of mind.

In our latest article, our experts propose some key points to consider when it comes to insuring your vehicle, and how our policy can help.
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