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.

PRODUCTS AND SERVICES

Specie Insurance

Get in touch (opens a new window)

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

APAC banner - 1900x1067

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.

GettyImages-157594162 500x550

Specie Insurance Team

Placeholder image

Philip Dalton

Specie & Fine Art Practice Leader
philip.dalton@lockton.com
+44 207 933 2532

Placeholder image

David Solomons

Head of Business Development and Marketing
david.solomons@lockton.com
+44 782 452 4293

News and Insights

As new data centres continue to come online, insurance buyers are benefiting from favourable market conditions. The highly engineered nature of modern facilities has sharpened the industry’s focus on risk engineering, creating an attractive proposition for insurers and prompting competitive rating structures. This has supported an influx of new capacity across the UK, US, and Asia, with notable lines deployed by FM Global.

In the months ahead, attention will turn to structuring programmes for data centres of increasing scale and value. Projects that once involved modest builds have evolved into multi-billion-dollar campuses, bringing heightened aggregation concerns as highvalue assets cluster within single regions. Despite the market’s maturing, many insurers may not have previously underwritten assets of this magnitude.Data Centre Market Update: Q1 2026

Managing mental health risk in law firms: a shared responsibility

Within the legal industry, staff wellbeing is no longer just an HR initiative – it’s a strategic priority that impacts every facet of each firm. While HR traditionally leads efforts to improve mental health and wellbeing, risk management teams also have a critical role to play. Within the legal industry, staff wellbeing is no longer just an HR initiative – it’s a strategic priority that impacts every facet of each firm. While HR traditionally leads efforts to improve mental health and wellbeing, risk management teams also have a critical role to play.

Industrial and logistics: risk considerations in industrial open storage growth

Industrial open storage (IOS) makes use of large, open spaces designated for industrial use to stow weather-resistant equipment, materials, and vehicles. The unique profile of IOS assets have enabled it to play a crucial role in the further expansion of the industrial and logistics (I&L) sector. And in the last two years, IOS rents have surged by 36% – according to research from Knight Frank.Industrial open storage (IOS) makes use of large, open spaces designated for industrial use to stow weather-resistant equipment, materials, and vehicles. The unique profile of IOS assets have enabled it to play a crucial role in the further expansion of the industrial and logistics (I&L) sector. And in the last two years, IOS rents have surged by 36% – according to research from Knight Frank.

Lockton Norway creates a new strategic growth role to sharpen focus on emerging areas of the Norwegian economy

OSLO, 27 January 2026 - Lockton Norway is strengthening its strategic position in an evolving market by hiring Sjur Hille Olsen as Head of Strategic Growth & Emerging Opportunities.OSLO, 27 January 2026 - Lockton Norway is strengthening its strategic position in an evolving market by hiring Sjur Hille Olsen as Head of Strategic Growth & Emerging Opportunities.
See all news and insights

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
culture-quote-tiernan