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 | London
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 | London
maxim.deprins@lockton.com
+44 207 933 1659

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Michael Marcou

Senior Vice President - Marine Cargo - HiTech & Automotive | London
michael.marcou@lockton.com
+44 207 933 1658

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Kevin Brown

Senior Vice President – Marine Cargo & Commodities | London
kevin.brown@lockton.com
+44 207 933 1524

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Lee Lockyer

Senior Vice President – Marine Cargo & Commodities | London
lee.lockyer@lockton.com
+44 207 933 1525

News and Insights

The Terrorism (Protection of Premises) Act 2025, commonly known as Martyn’s Law, is now in effect. Following a long period of campaigning and advocacy, it achieved Royal Assent in April 2025, and it is now in its 24-month implementation phase. Businesses must be compliant by May 2027, or will likely face severe penalties for non-compliance.

The upcoming insurance renewal season between March and July represents a natural inflection point. It is when many businesses assess security measures, update their risk documentation, and evidence controls – all of which will be central to demonstrating compliance under Martyn’s Law. Therefore, addressing any gaps now is essential to ensure that businesses have enough time to strengthen preparedness before the law becomes enforceable.Martyn’s Law: the time to prepare is now

Gender pay gap report 2025

Lockton is wholly committed to supporting the progression of women through creating a diverse, inclusive and equitable workplace. We are also committed to employing the best and most talented people and ensuring that they are paid fairly irrespective of their gender. Like all UK companies, we are required to publish data about the pay gap between male and female employees, based on data at 5th April. You can access our 2025 gender pay gap report here.Lockton is wholly committed to supporting the progression of women through creating a diverse, inclusive and equitable workplace. We are also committed to employing the best and most talented people and ensuring that they are paid fairly irrespective of their gender. Like all UK companies, we are required to publish data about the pay gap between male and female employees, based on data at 5th April. You can access our 2025 gender pay gap report here.

Refurbish or rebuild? Considerations for office property owners

Recent developments within the commercial real estate (CRE) market are forcing asset holders to rethink their real estate strategy. To remain agile and attractive to tenants, office property owners are considering whether to refurbish existing stock, or construct new blocks from scratch. However, this is rarely a straightforward decision. Economic pressures, evolution in tenant demands, developments within ESG requirements, and planning considerations are among the most pressing factors that complicate how CRE asset holders seek to retain tenants and protect long-term asset value.Recent developments within the commercial real estate (CRE) market are forcing asset holders to rethink their real estate strategy. To remain agile and attractive to tenants, office property owners are considering whether to refurbish existing stock, or construct new blocks from scratch. However, this is rarely a straightforward decision. Economic pressures, evolution in tenant demands, developments within ESG requirements, and planning considerations are among the most pressing factors that complicate how CRE asset holders seek to retain tenants and protect long-term asset value.

Professional services: Key considerations for implementing AI

Artificial intelligence (AI) tools are increasingly embedded within professional services, with uses that range from automating routine tasks, to conducting deep-level data analysis. Firms are deploying both third‑party tools and internally‑developed solutions at pace, with adoption growing quickly, particularly among junior staff.

But this embracing of AI within the professional services sector isn’t risk-free. A survey of underwriters conducted by the Lloyd’s Market Association (LMA) identifies Professional Indemnity (PI) as the insurance line most likely to experience AI-related losses, driven by the potential for erroneous or hallucinated outputs. Despite the clear operational benefits of this technology, the risks associated with AI use are bringing about increased regulatory scrutiny and a heightened need to demonstrate responsible implementation.

Against this backdrop, we’ve set out some key areas of risk that professional services firms may wish to keep in mind when developing and implementing AI tools. Any roll-out of AI must be conducted in a manner that is both responsible and aligned with professional, ethical, regulatory, and insurer expectations.Artificial intelligence (AI) tools are increasingly embedded within professional services, with uses that range from automating routine tasks, to conducting deep-level data analysis. Firms are deploying both third‑party tools and internally‑developed solutions at pace, with adoption growing quickly, particularly among junior staff.

But this embracing of AI within the professional services sector isn’t risk-free. A survey of underwriters conducted by the Lloyd’s Market Association (LMA) identifies Professional Indemnity (PI) as the insurance line most likely to experience AI-related losses, driven by the potential for erroneous or hallucinated outputs. Despite the clear operational benefits of this technology, the risks associated with AI use are bringing about increased regulatory scrutiny and a heightened need to demonstrate responsible implementation.

Against this backdrop, we’ve set out some key areas of risk that professional services firms may wish to keep in mind when developing and implementing AI tools. Any roll-out of AI must be conducted in a manner that is both responsible and aligned with professional, ethical, regulatory, and insurer expectations.
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