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
+44 207 933 1135

News and Insights

Once considered an optional extra, cyber security is now a non-negotiable for accountancy practices. The sector has emerged as a prime target for modern-day cyber criminals, thanks in part to a large volume of held personal and financial data. But cyber-readiness continues to lag, with few practices prepared for the worst.

When it comes to insurance, the cyber landscape is shifting. It is becoming increasingly difficult for practices to obtain cyber insurance unless they can meet certain criteria, such as multi-factor authentication. At the same time, anecdotal evidence suggests that cyber insurance is being bundled into PII insurance or otherwise offered without question. But the reality is that your security measures must be clearly defined and implemented upfront – or the likelihood of a successful claim is slim.

In short, robust cyber prevention is the only viable option to minimise the impact of an attack. That’s why we’ve put together the below cyber security checklist, along with some practical cybersecurity measures for accountancy practices to follow.
Accountants: cybersecurity essentials to protect your practice

Specialist car market overview: September 2025

Stability has returned to the specialist car market, despite prices continuing to soften from their post-pandemic high. For the six months until July 2025, based on the average sell-through value of public auctions, the global market is down 9.7% versus 2024. The classic market is faring slightly better, with prices declining by 5.7%.

Nevertheless, the specialist car market remains buoyant. Public sale data from our trusted evaluation partner, The Classic Valuer, reveals how and why.Stability has returned to the specialist car market, despite prices continuing to soften from their post-pandemic high. For the six months until July 2025, based on the average sell-through value of public auctions, the global market is down 9.7% versus 2024. The classic market is faring slightly better, with prices declining by 5.7%.

Nevertheless, the specialist car market remains buoyant. Public sale data from our trusted evaluation partner, The Classic Valuer, reveals how and why.

Lockton sponsors LandAid Trek 2025 to support youth homelessness initiatives

Lockton sponsors LandAid Trek 2025 to support youth homelessness initiativesLockton sponsors LandAid Trek 2025 to support youth homelessness initiatives

Watch insurance: protecting your timepiece amid rising thefts

The UK remains a major target for watch thieves. Of the £150 million worth of luxury watches reported stolen worldwide in 2024, £60 million stemmed from thefts within the UK; some 40% of all high-end watches stolen internationally. The UK remains a major target for watch thieves. Of the £150 million worth of luxury watches reported stolen worldwide in 2024, £60 million stemmed from thefts within the UK; some 40% of all high-end watches stolen internationally.
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