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

Lockton P.L. Ferrari, a Lockton company, has appointed Gary Field as Chief Commercial Officer with immediate effect to further strengthen its position as a market leader in Protection & Indemnity (P&I).  Gary Field joins Lockton P.L. Ferrari as Chief Commercial Officer

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.

P&I renewals: Economic volatility forces clubs’ tough stance on general increases

The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.The 2026 renewal season has been a difficult one for Protection and Indemnity (P&I) Insurance buyers. General increases – the additional amount that P&I clubs require from their members, represented as a percentage of the premium paid by each member – sat at a mean average of 6% across the International Group. The most frequent increase sat slightly lower, with 7 of the 12 clubs asking for increases of 5%. The American Club and Steamship members saw the highest increase of all, at 8%. In addition, except for Gard, all clubs have asked for standard deductible increases.

Prevention as the new cure: the NHS unveils its new cancer plan

The UK Government’s new National Cancer Plan for England arrives at a moment of rare consensus in health policy. Many stakeholders within the NHS – and the wider healthcare industry – broadly agree that the current reactive, hospital-centric model is no longer sustainable. The UK Government’s new National Cancer Plan for England arrives at a moment of rare consensus in health policy. Many stakeholders within the NHS – and the wider healthcare industry – broadly agree that the current reactive, hospital-centric model is no longer sustainable.
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