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

We are thrilled to announce our support of EIG and Fidra Energy as insurance advisor and broker to the Thorpe Marsh BESS project. Lockton is proud to support EIG and Fidra Energy in delivering the UK’s largest battery storage project.

Why leak detection is essential for living sector buildings

If your building suffers an escape of water (EOW) incident, it can lead to extensive damage and costly disruption – especially if it goes unchecked. Installing an up-to-date leak detection system can protect your building from harm, preventing a minor incident from becoming a major loss.If your building suffers an escape of water (EOW) incident, it can lead to extensive damage and costly disruption – especially if it goes unchecked. Installing an up-to-date leak detection system can protect your building from harm, preventing a minor incident from becoming a major loss.

Lockton launches Flex IQ to bring clarity to the flex benefits platform market

New insights tool helps HR leaders avoid buyer’s remorse and choose the right platform for their peopleNew insights tool helps HR leaders avoid buyer’s remorse and choose the right platform for their people

Accountants: cybersecurity essentials to protect your practice

Once considered an optional extra, cyber security is now a non-negotiable for accountancy practices. The sector has emerged as a prime target for modern-day cyber criminals, thanks in part to a large volume of held personal and financial data. But cyber-readiness continues to lag, with few practices prepared for the worst.

When it comes to insurance, the cyber landscape is shifting. It is becoming increasingly difficult for practices to obtain cyber insurance unless they can meet certain criteria, such as multi-factor authentication. At the same time, anecdotal evidence suggests that cyber insurance is being bundled into PII insurance or otherwise offered without question. But the reality is that your security measures must be clearly defined and implemented upfront – or the likelihood of a successful claim is slim.

In short, robust cyber prevention is the only viable option to minimise the impact of an attack. That’s why we’ve put together the below cyber security checklist, along with some practical cybersecurity measures for accountancy practices to follow.
Once considered an optional extra, cyber security is now a non-negotiable for accountancy practices. The sector has emerged as a prime target for modern-day cyber criminals, thanks in part to a large volume of held personal and financial data. But cyber-readiness continues to lag, with few practices prepared for the worst.

When it comes to insurance, the cyber landscape is shifting. It is becoming increasingly difficult for practices to obtain cyber insurance unless they can meet certain criteria, such as multi-factor authentication. At the same time, anecdotal evidence suggests that cyber insurance is being bundled into PII insurance or otherwise offered without question. But the reality is that your security measures must be clearly defined and implemented upfront – or the likelihood of a successful claim is slim.

In short, robust cyber prevention is the only viable option to minimise the impact of an attack. That’s why we’ve put together the below cyber security checklist, along with some practical cybersecurity measures for accountancy practices to follow.
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