Whether commercial or private, executive jet or utility helicopter, the ownership and operation of an aircraft carries with it a unique range of risks. In an ever changing market, our team of aviation insurance specialists not only generates ideas and finds solutions, but also focuses on turning those market changes to your competitive advantage.

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Aviation

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Independent expertise, from a broker you can count on

Whether commercial or private, executive jet or utility helicopter, the ownership and operation of aircraft carries with it a unique set of risks.

Lockton’s dedicated team of in-house specialists are committed to sourcing effective, tailored aviation insurance and risk solutions, helping you turn even the most challenging market conditions to your advantage.

As pioneers in a cutting-edge industry, aviation firms require dynamic and agile policies that can change as quickly as the industry adapts. Backed by years of experience in aviation insurance, Lockton keeps pace at every stage, applying innovative solutions to tackle evolving threats.

We work closely with clients to identify even the most unconventional exposures, applying a data-led, consultative approach to source the most effective solution. From strategic planning to the resolution of a claim, we make it our priority to protect your assets at every stage, with coverage you can rely on.

Our services

What we bring to your business

  • A dedicated, experienced Account Manager that will remain your point of contact throughout, advocating for your needs in the insurance marketplace

  • Detailed modelling and financial analytics to show you the effect of an insurance programme on your business

  • Risk financing guidance to help you secure the most suitable and affordable programme

  • Access to a broad range of insurers markets all over the world, enabling you to benefit from the most competitive solutions available

What we cover

  • Aircraft hull, all risks including war risks and deductible insurance

  • Aviation liabilities, including passengers

  • Crew loss of licence

  • Hull and liability war risk coverage extensions

  • Overhaul and repair facilities

  • Personal accident

  • Premises/public liability

  • Product liability for manufacturers and components

  • Reinsurance

Aviation Insurance Team

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Tim Liddiard

Senior Vice President
tim.liddiard@lockton.com
+44 207 933 2180

News and Insights

Most firms very wisely seek to limit their liability to clients in their engagement letters. It makes sense to do this so the firm and the client both know how much financial compensation might be available if things go wrong. 
But while limiting liability is good risk management practice, such clauses must be drafted carefully to be effective. Problems arise where the perceived losses are more than the limit of liability contained in the engagement letter. And if restrictions and exclusions are too onerous, they could be deemed unenforceable, leaving liability unrestricted.
Law firms: limiting liability in engagement letters

Hydrogen vehicles and refuelling stations: property considerations

Increasing fuel costs and the  ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine.  Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density  fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use. Increasing fuel costs and the  ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine.  Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density  fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use.

Golden thread: BSA requirements create additional cyber exposure

The Building Safety Act 2022 and the associated Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 introduced significant information retention requirements through their ‘golden thread’ provisions. These apply to buildings defined as ‘higher risk’ in the legislation.

The golden thread comprises information to create a proper understanding of a building and consequently the steps needed to keep both the building and people safe. It is envisioned as a building’s ‘single source of truth’, and to avoid obsolescence and omission errors, it is not intended to be held across multiple sources or even duplicated (save back up).

The legislation stipulates that the golden thread information must be held digitally, and to protect both personal information and the security of the building, it must be held securely.The Building Safety Act 2022 and the associated Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 introduced significant information retention requirements through their ‘golden thread’ provisions. These apply to buildings defined as ‘higher risk’ in the legislation.

The golden thread comprises information to create a proper understanding of a building and consequently the steps needed to keep both the building and people safe. It is envisioned as a building’s ‘single source of truth’, and to avoid obsolescence and omission errors, it is not intended to be held across multiple sources or even duplicated (save back up).

The legislation stipulates that the golden thread information must be held digitally, and to protect both personal information and the security of the building, it must be held securely.

Deepfake and the risk of vendor fraud: challenges and solutions for solicitors

Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients.

To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients.

To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.
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