Our Specie insurance team has an excellent reputation with insurance markets, being able to provide knowledgeable and timely response to all enquires. You can take advantage of our proven track record as we can facilitate a fast and efficient placement. Our expertise caters for all lines of Specie classes. In modern terms, “Specie” describes the interests of banknotes, coins, securities, cheques, bullion, precious metals and jewellery. Lockton’s Specie provides insurance solutions for such interests anywhere in the world.

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Specie Insurance

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Valuable items require risk management expertise - specialist specie insurance

Our Specie team has an excellent reputation with insurance markets, being able to provide knowledgeable and timely response to all enquires. You can take advantage of our proven track record as we can facilitate a fast and efficient placement. Our expertise caters for all lines of Specie classes.

In modern terms, Specie describes the interests of banknotes, coins, securities, cheques, bullion, precious metals and jewellery. This specialised form of insurance protects all these items whether they are stationary or in transit, with cover designed to mitigate key risks such as theft, accidental loss and damage, physical loss and damage, and much more.

Lockton’s Specie team provides bespoke insurance solutions for these precious items globally.

Cash In Transit & General Specie

Our Cash In Transit and General Specie team transact both retail and wholesale business on a worldwide basis. This includes both Direct and Reinsurance business as well as Binding Authority management. Their areas of expertise are:

  • Cash and Valuables in Transit (Armored Car Operators/Cash Couriers/Cash Processors)

  • Contingent Cash in Transit / Shippers Interest Risks

  • ATM (Automated Teller Machines) / ABM (Automated Banking Machines) / Smart Safes

  • Check Cashing / Currency Exchanges / Money Transfer Agents

  • Precious Metal Refiners

  • Precious Metal Mining

  • Precious Metal Storage

  • Security Product and Bank Note Printers

  • Secure Storage / Safe Deposit Box Facilities

  • Crypto Currency Exchanges (Cold Storage)

Who we work with

  • Armoured Car Operators

  • ATM Operators

  • Currency Exchange Operations

  • Precious Metal Storage facilities

  • Precious Metal Mining Operations

  • Cold Storage Units for Crypto Currency and some warm wallet exposures

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Specie Insurance wholesale solutions

Accessing both the London and worldwide (re)insurance markets, our team of fine art and specie insurance experts ensure that the most appropriate, comprehensive, and cost-effective risk management solutions are delivered to our fine art and specie clients.


With a global reputation and key relationships amongst fine art and specie insurance underwriters, our highly skilled risk experts will secure the most responsive coverage possible, specialising in placements for both retail partners and fine art and specie clients.

For wholesale insurance solutions, please contact our specialist fine art and specie insurance team below.

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Specie Insurance Team

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Philip Dalton

Head of General Specie
philip.dalton@lockton.com
+44 207 933 2532

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David Solomons

Head of Business Development and Marketing
david.solomons@lockton.com
+44 207 933 1135

News and Insights

The relatively recent Court of Appeal decision of Providence Building Services Ltd v Hexagon Housing Association Ltd (2024) sets out a strict interpretation of the termination provisions within JCT Design and Build Contracts. The decision may have commercial implications for employers utilising this standard form. More broadly, it highlights the court’s approach of strict interpretation of contracts between commercial parties. Construction professionals must be aware of this when signing up to their appointments, collateral warranties, and letters of reliance.Providence v Hexagon: JCT contracts, strict interpretation and implications for PII

7 key insurance considerations when travelling abroad

Luxury travel has boomed in recent years, as holidaymakers set their sights on ever-more adventurous holidays in far-flung, untouched destinations. But whether it’s a weekend getaway, or the trip of a lifetime, it’s vital to consider whether you’re properly insured.

As our experts explain, taking the time to review your cover before you travel can save you time and stress later down the line.Luxury travel has boomed in recent years, as holidaymakers set their sights on ever-more adventurous holidays in far-flung, untouched destinations. But whether it’s a weekend getaway, or the trip of a lifetime, it’s vital to consider whether you’re properly insured.

As our experts explain, taking the time to review your cover before you travel can save you time and stress later down the line.

Lockton and Lockton Re sponsor Dive In Festival

Lockton and Lockton Re are proud to sponsor the Dive In Festival, a global initiative to support the development of inclusive workplace cultures in the insurance industry. It’s a key priority for us to create an environment where our talent can thrive. Our Associates are our most valuable assets, and they are at their best when they can be authentic in the workplace.Lockton and Lockton Re are proud to sponsor the Dive In Festival, a global initiative to support the development of inclusive workplace cultures in the insurance industry. It’s a key priority for us to create an environment where our talent can thrive. Our Associates are our most valuable assets, and they are at their best when they can be authentic in the workplace.

An insurance broker’s guide to buying a new car

Buying a new car is exciting, and insurance might not be the first thing on your mind. But the right coverage helps protect your investment from the unexpected. Considering your options early ensures you drive off with both confidence and peace of mind.

In our latest article, our experts propose some key points to consider when it comes to insuring your vehicle, and how our policy can help.Buying a new car is exciting, and insurance might not be the first thing on your mind. But the right coverage helps protect your investment from the unexpected. Considering your options early ensures you drive off with both confidence and peace of mind.

In our latest article, our experts propose some key points to consider when it comes to insuring your vehicle, and how our policy can help.
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