Backed by years of industry experience, Lockton’s specialist team of Cargo and Logistics insurance specialists can help you navigate these threats by placing tailored insurance solutions. We design reliable, cost-effective policies that that respond in a crisis, protecting your business from financial damage.

PRODUCTS AND SERVICES

Cargo and Logistics

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A fresh approach to cargo insurance

When it comes to shipping goods around the world, businesses have never faced more pressing risks than they do today.

Backed by years of industry experience, Lockton’s specialist team of Cargo and Logistics specialists can help you navigate these threats by placing tailored insurance solutions. We design reliable, cost-effective policies that that respond in a crisis, protecting your business from financial damage.

We work with a wide range of industries on both a retail and wholesale basis, across a vast array of product lines – from stock throughput to contractors’ equipment, right through to project cargo and war on land. Through our lasting relationships with Lloyd’s and other leading global insurers, we’ll help secure you the best possible coverage, regularly reviewing this to ensure maximum suitability.

Should you need to make a claim, no matter how complex, you can be sure that our highly experienced claims team will work to protect your interests and help you obtain the best possible results.

Our services

What we bring to your business

  • A service-oriented approach - The same experienced account team you meet at the beginning will be there to guide you throughout, advocating for your needs in the insurance marketplace

  • Global capabilities - Lockton is supported by our global network of over 200+ cargo experts across over 140 countries. Using localised expertise, we will support your commercial opportunities in North America, Latin America, Europe, Asia, Australia and the Middle East

  • Tailored coverage - As an independent broker, we’re driven solely by your needs. We’ll get to know your business, conducting in-depth reviews of your existing cover before securing a bespoke solution that meets your unique requirements

  • Market knowledge - Our cargo team is made up of true industry experts who have experienced almost every type of cargo claim. We understand the cyclical nature of the market, and can help prepare your business for any eventuality

Industries we support

  • Agriculture

  • Automotive

  • Food and beverages

  • Commodities

  • Construction

  • Energy

  • Equipment

  • Farming

  • Financial institutions

  • High-tech

  • Logistics and supply chain

  • Mining

  • Oil and gas

  • Pharmaceuticals / life sciences

  • Project cargo

  • Subsea

  • Warehousing

Additional services

The cargo insurance market is diverse and provides opportunities for a wide range of insurance products related to the movement and storage of goods and equipment.

  • Stock throughput

  • Excess stock

  • Project cargo including delay in start up

  • Equipment physical damage

  • Livestock and equine

  • Transportation

  • War risk, terrorism and political risks

When it happens to you, it happens to us

Our Cargo and Logistics claims team has decades of loss handling experience in all kinds of risk areas, and we are committed to providing you with the service, support and advice you need throughout the claims handling process.

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Our Cargo & Logistics Insurance Team

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David Ripton

Head of Cargo & Logistics
David.Ripton@lockton.com
+44 207 933 1404

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Peter Hall

Head of Cargo and Logistics
peter.hall@lockton.com

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Maxim De Prins

Senior Vice President - Marine Cargo – Pharma, Food & Beverage
Maxim.DePrins@lockton.com
+44 207 933 1659

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Michael Marcou

Head of HiTech and Auto
Michael.Marcou@lockton.com
+44 207 933 1658

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Kevin Brown

Senior Commodities Broker
Kevin.Brown@lockton.com
+44 207 933 1524

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Lee Lockyer

Account Executive/Producer
lee.lockyer@lockton.com
+44 207 933 1525

News and Insights

We have analysed four main factors across our portfolio of circa 1,700 SRA regulated practices across 2024. This data is taken from placements across the main SRA participating insurers. The main themes from the data show that across 2024, the average primary rates and premium have diluted once again. While firms’ average revenue continued to grow, it did so at a slower rate than in 2022-23.In brief: Solicitors PII market 2024-25

Protecting business against the changing terrorist threat

The evolution of terrorism from large-scale, organised plots to individual, lone-wolf terror attacks has introduced a new risk landscape for businesses. Whereas traditional attacks sought to cause damage to property, modern attacks introduce different exposures including interruption to operations and other non-damage related events. To minimise loss, businesses must understand their exposure and reassess their protections accordingly.The evolution of terrorism from large-scale, organised plots to individual, lone-wolf terror attacks has introduced a new risk landscape for businesses. Whereas traditional attacks sought to cause damage to property, modern attacks introduce different exposures including interruption to operations and other non-damage related events. To minimise loss, businesses must understand their exposure and reassess their protections accordingly.

Bird flu: mitigating the risk of disease outbreak and spread

As the avian influenza virus (bird flu) continues spreading around the globe, poultry farmers need to stay alert and remain vigilant with  mitigation measures. In addition to monitoring local and regional incidence rates and closely following risk mitigation standards, poultry farmers should consider making use of insurance protection while it remains available. As the avian influenza virus (bird flu) continues spreading around the globe, poultry farmers need to stay alert and remain vigilant with  mitigation measures. In addition to monitoring local and regional incidence rates and closely following risk mitigation standards, poultry farmers should consider making use of insurance protection while it remains available.

Protecting your retail business with parametric solutions

The retail industry is facing several emerging risks that can have a severe impact on revenues. These include changing weather patterns, supply chain disruptions, and the consequences of the digitisation of business processes.  
 
Where existing risk mitigation measures are insufficient or traditional insurance policies are unable to cover the risk, parametric insurance solutions can cover the gaps.  The retail industry is facing several emerging risks that can have a severe impact on revenues. These include changing weather patterns, supply chain disruptions, and the consequences of the digitisation of business processes.  
 
Where existing risk mitigation measures are insufficient or traditional insurance policies are unable to cover the risk, parametric insurance solutions can cover the gaps. 
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We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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