Whether you are an early-years start-up bank, an international asset management firm, or anything in between, we will draw on decades of industry experience to help you transfer your particular exposures. Our financial risk insurance team work closely with you with you to build a complete understanding of your business, before designing a highly-personalised, agile programme that safeguards your assets, while supporting your growth aspirations.

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Safeguarding your business with bespoke risk solutions

The global financial insurance community faces a complex set of regulatory, operational and systemic risks that require highly-targeted advice and solutions in order to navigate. Lockton’s accomplished financial risks insurance team team will help you protect your corporate balance sheet and bring peace of mind to your executive board with bespoke insurance and risk programmes.

Whether you are an early-years start-up bank, an international asset management firm, or anything in between, we will draw on decades of industry experience to help you transfer your particular exposures. Our team work closely with you with you to build a complete understanding of your business, before designing a highly-personalised, agile programme that safeguards your assets, while supporting your growth aspirations.

Our strong relationships with leading insurers gives us unparalleled access to the best products on the market. And with dedicated account managers advocating for you at every stage, you can be confident that you are getting the best possible deal on your cover.

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News and Insights

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. Hydrogen vehicles and refuelling stations: property considerations

Hydrogen vehicles and refuelling stations: property considerations

article
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 ...
Read moreHydrogen vehicles and refuelling stations: property considerations

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.

Product recall: mitigating against labelling and packaging errors

Errors in the labelling and packaging process are one of the main drivers of product recalls in the global food and drink sector. Where such events occur, their impacts for businesses can be devastating – including consumer harm, financial loss, and reputational damage. As regulation tightens around labelling and packaging, and with a worsening economic climate driving potential errors, businesses must take steps to ensure their processes are robust.Errors in the labelling and packaging process are one of the main drivers of product recalls in the global food and drink sector. Where such events occur, their impacts for businesses can be devastating – including consumer harm, financial loss, and reputational damage. As regulation tightens around labelling and packaging, and with a worsening economic climate driving potential errors, businesses must take steps to ensure their processes are robust.
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