Lockton Global Energy Insurance provides professional, cost-effective risk transfer and insurance solutions for our clients in the energy industry

PRODUCTS AND SERVICES

Energy and Power

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Independent expertise, designed to meet your unique needs

    Lockton Global Energy provides professional, cost-effective risk transfer solutions for our clients in the energy industry. Leveraging our global presence, industry know-how and strong local and international insurer relationships, we’re uniquely placed to meet your needs. Our specialists partner with clients in the upstream, midstream, downstream, utilities and renewables and power sector to provide a tailored service you can rely on.

    Lockton’s independent advisors act solely in your interest, combining deep market knowledge and innovative thinking to meet the specific needs of your business. Our client and claims teams are fully integrated, so the team you meet at the beginning will be there to guide you throughout.

    What we bring to your business

    • Accurate, targeted and cost-effective energy insurance for the risks you want (or are obliged) to transfer - Balance sheet protection in the event of an unforeseen loss - Compliance with local regulations and contractual requirements

    • Contract review service for input on agreed Liability and Indemnity regime, assisting or providing your risk management function

    • Independent benchmarking

    • Industry experts to scrutinise the standard conditions against the full suite of coverages, from the operational to the corporate, e.g. Directors and Officers, cyber, office contents, travel

    • Certificates of insurance for joint venture partners and regulators – prompt issuance as required

    • Analytics utilised to calculate your cost of risk and evaluate retention vs. transfer options

    • Due diligence for acquisitions and divestments

    How we work with you

    • We build an open dialogue based on transparency and regular communication

    • We get to know everything about your business, including your risk appetite and contracting regime

    • Our service is adaptable, built around your needs and preferences

    • Leveraging our market reach, attention to detail and creative thinking, we’ll help you secure the optimal deal – in terms of both coverage and price

    • Our unique culture values mutual respect, empowering us to put you and your business first

    LOCKTON ENERGY

    Energy Transition Insurance Practice

    A dynamic global team ready to collaborate with you in navigating the energy landscape.

    Discover more

    Our Energy and Power Insurance Team

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    Blake Roseveare

    Partner
    blake.roseveare@lockton.com
    +44 781 048 4004

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    Gary Doran

    Partner
    gary.doran@lockton.com
    +44 207 933 2939

    We engaged with Lockton and were able to achieve a significant saving on the expiring rating but with a substantially more robust insurance programme. Not only did Lockton differentiate themselves, but their service proposition was exactly what we needed.
    Finance Director, North Sea Independent

    Read our latest energy and power insights

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    London Market Insurance Update H1 2024

    We're here to help

    We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

    Talk to our team