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

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.

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

In the UK, vacancy rates among industrial and logistics properties are expected to rise as further supply hits the market. While owners can take action to maintain value and provide an attractive option for current and prospective tenants, the risks faced by rising unoccupancy is a considerable exposure. Addressing the risk of rising vacancies for industrial and logistics properties

Inside Risk - Fire Protection Impairment Management

Fixed fire protection systems such as sprinklers are an effective way to control or suppress a fire in its early stages, limiting the potential loss to the property and the business, as well as the risk to life. However, to be effective, fire protection systems need to be available (not impaired), reliable (maintained) and adequate. Fire protection impairments continue to be one of the most common reasons for sprinkler failure and this risk needs to be addressed with a robust fire protection impairment programme.Fixed fire protection systems such as sprinklers are an effective way to control or suppress a fire in its early stages, limiting the potential loss to the property and the business, as well as the risk to life. However, to be effective, fire protection systems need to be available (not impaired), reliable (maintained) and adequate. Fire protection impairments continue to be one of the most common reasons for sprinkler failure and this risk needs to be addressed with a robust fire protection impairment programme.

Lockton Appoints Oliver Hutchings as COO of Marine, Transportation and Logistics

Lockton Companies, the world’s largest privately held, independent insurance brokerage, has announced the appointment of Oliver Hutchings as COO of Marine, Transportation and Logistics.Lockton Companies, the world’s largest privately held, independent insurance brokerage, has announced the appointment of Oliver Hutchings as COO of Marine, Transportation and Logistics.

Tax Liability Insurance: Market & Transactional Risk Update

Despite a slowdown across the global M&A market last year, Tax Liability Insurance proved its worth,
 with numerous significant transactions relying on its protection. Now well into 2024,optimism prevails,
 buoyed by reports of a healthy volume of ‘dry powder’ poised for deployment. To facilitate these
 transactions, Tax Liability Insurance remains a vital tool. As the demands of the market continue
 to evolve, buyers can look forward to yet more product innovation.Despite a slowdown across the global M&A market last year, Tax Liability Insurance proved its worth,
 with numerous significant transactions relying on its protection. Now well into 2024,optimism prevails,
 buoyed by reports of a healthy volume of ‘dry powder’ poised for deployment. To facilitate these
 transactions, Tax Liability Insurance remains a vital tool. As the demands of the market continue
 to evolve, buyers can look forward to yet more product innovation.
See all news and insights

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