Backed by 100 years’ of collective experience, Lockton’s dedicated contingency insurance team safeguards your business from the associated risks that come with planning events and promotions. As the UK’s leading contingency broker, we pride ourselves on the level of service we offer, working closely with each client to provide tailored, effective insurance and risk solutions that protect your bottom line.

PRODUCTS AND SERVICES

Contingency

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Protection against unforeseen events

Whether a popular promotion has customers redeeming at a higher rate than anticipated, or your event was cancelled at the very last minute due to bad weather – unexpected events can be incredibly costly to you as an organiser. Contingency insurance exists to protect the expenses and revenues of event planners, broadcasters, sponsors, brands, exhibitors or even private individuals, should the unforeseen occur.

Backed by 100 years of combined experience, Lockton’s dedicated contingency team safeguards your business from the risks that come with planning events and promotions, whether you are in the sports industry, music, theatre, entertainment or otherwise. As the UK’s leading contingency broker, we pride ourselves on the level of service we offer, working closely with each client to provide tailored, effective insurance and risk solutions that protect your bottom line.

Our Services

What we bring to your business

  • Depth of experience - Our team has worked with clients across a wide range of industries, tackling risks of all types – this makes us able to pre-empt even the most unlikely exposures

  • A-rated cover - Most of our business is placed either with Lloyd’s or with other A-rated International insurers

  • Tailored solutions - We have years of experience developing bespoke insurance programmes, allowing our clients the freedom to achieve the maximum impact from their event or promotion

  • Cost-effective policies - Whatever the event, promotion or prize, we will strive to find a competitive solution to meet your specific insurance needs

What we cover

  • Event cancellation

  • Conference and exhibition cancellation

  • Non-appearance

  • Weather risks - including cover for stabilising income, unseasonal rain, extra expenses and cost containment

  • Prize indemnity

  • Contractual bonus – covering you for any contractually-assumed liability to award performance bonuses to individuals

  • Over redemption – ensuring you are protected from financial risk in the event that a promotion redeems at a higher level than anticipated 

  • Death, disablement, disgrace

  • Booking refund cover

Our Contingency Insurance Team

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Robert Rechtern

Head of Accident, Health, Sport and Contingency
Robert.Rechtern@lockton.com
+44 207 933 1674

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Andy Thompson

Senior Vice President
andy.thompson@lockton.com
+44 207 933 2970

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Richard Woods

Producer
richard.woods@lockton.com
+1 972 204 9139

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Joseph Bonard

Broker
joseph.bonard@lockton.com
+44 207 933 1572

Looking for wholesale solutions?

Our team of highly skilled wholesale specialists provide global property and liability programme design and placement services. We'll deliver cost-effective, responsive and highly bespoke solutions that match both the needs and future goals of every client

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News and Insights

An increasing number of construction companies are turning to modular construction to take advantage of potential efficiencies and cost savings. However, insurers do have some concerns about this technology that need to be addressed to ensure there is appropriate insurance cover in place for such projects.  Addressing insurer concerns regarding modular construction

Mitigating the fire risk from charging electric vehicles

The demand for electric vehicles (EVs) continues to grow for both private and commercial users. As such, there is an increasing need to provide additional infrastructure to enable convenient, rapid, and safe charging of EVs for staff and the public. Recent experience has demonstrated fires involving EVs can burn for an extended period of time and present significant challenges when attempting final extinguishment. Property protection principles should be considered in the design and location of EV charging points to help limit the effects of fire to property, business, and environment.  The demand for electric vehicles (EVs) continues to grow for both private and commercial users. As such, there is an increasing need to provide additional infrastructure to enable convenient, rapid, and safe charging of EVs for staff and the public. Recent experience has demonstrated fires involving EVs can burn for an extended period of time and present significant challenges when attempting final extinguishment. Property protection principles should be considered in the design and location of EV charging points to help limit the effects of fire to property, business, and environment.

Rooftop solar panels: key professional indemnity insurance risks for contractors

Uptake of solar panels has accelerated significantly over the past 5 to 10 years, driven by a mixture of government incentives, increased energy prices, and environmental concern. As contractors work to meet the ongoing demand, they must remain mindful of the risks they face during installation, including the various exclusions that exist under typical professional indemnity insurance (PII) policies. Uptake of solar panels has accelerated significantly over the past 5 to 10 years, driven by a mixture of government incentives, increased energy prices, and environmental concern. As contractors work to meet the ongoing demand, they must remain mindful of the risks they face during installation, including the various exclusions that exist under typical professional indemnity insurance (PII) policies.

The King’s Speech: implications for the property industry

In the much-awaited King’s Speech on 7 November 2023, King Charles III set out the Government’s priorities for the coming parliamentary session. The speech proposed various items of legislation, including the Leasehold and Freehold Bill and Renters (Reform) Bill. If introduced, these would directly affect the property industry.In the much-awaited King’s Speech on 7 November 2023, King Charles III set out the Government’s priorities for the coming parliamentary session. The speech proposed various items of legislation, including the Leasehold and Freehold Bill and Renters (Reform) Bill. If introduced, these would directly affect the property industry.
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