Lockton’s London-based International Management Liability (IML) team specialises in flexible, targeted insurance and risk management solutions for senior business executives. Backed by unrivalled expertise and strong international insurer relationships, our dedicated team currently places approximately 1,000 financial lines policies for 500 commercial clients.

— PRODUCTS AND SERVICES

Management liability

Get in touch

Tailored protection that you can rely on

Lockton’s London-based International Management Liability (IML) team specialises in made-to-measure, flexible insurance and risk management solutions for senior business executives. Backed by unrivalled expertise and strong international insurer relationships, our dedicated team currently places approximately 1,000 financial lines policies for 500 commercial clients.

We pride ourselves on our vast servicing capabilities, working with a range of clients from complex and multinational companies to innovative start-ups with a thirst to grow. Our policies are designed to help directors, officers and senior management navigate the increasingly regulated environment that businesses operate in today, providing effective protection from risky exposures.

We endeavour to fully understand our clients’ individual risk exposures and tailor each financial lines insurance programme to meet their specific needs. Free from the demands of stakeholders, our team are focused solely on our clients, offering industry-leading service that sets us apart from the competition.

What we bring to your business

  • Our expert IML service team has first-hand experience dealing with a wide range of risks, and can offer sound advice on the possible impacts of every scenario

  • We offer complete visibility around market cycles and the underwriting outcomes expected through hard and soft markets

  • Our strong reputation in the market drives the recruitment of high-calibre individuals that provide outstanding support to clients

  • The team’s incredibly low staff turnover means we can offer consistent service and stability, with the same account team you meet at the beginning staying to guide you throughout

  • Lockton’s lasting relationships with key insurers help us to secure the best terms and quickly resolve any coverage or claims issue

  • We offer exclusive coverage forms for D&O liability insurance and commercial crime insurance with limited exclusions and broad coverage conditions

Our core product insurance offerings

  • Directors and Officers Liability (D&O)

  • Public Offering of Securities Insurance (POSI)

  • Commercial Crime, including full limit social engineering coverage

  • Employment Practices Liability (EPL)

  • Pension Trustee Liability (PTL), including run-off

  • Charity Trustee Liability

Our team

Michael Lea

Michael Lea

Partner, Head of Management Liability
michael.lea@lockton.com
+44 20 7933 2669

Jo Newman headshot

Jo Newman

Senior Vice President
jo.newman@lockton.com

Ian Nichol headshot

Ian Nichol

Senior Vice President
ian.nichol@lockton.com

Placeholder image

Sam Godby

Vice President
sam.godby@lockton.com

David Crow headshot

David Crow

Vice President
david.crow@lockton.com

General Inquiries

Get in touch

enquiries@uk.lockton.com

Our core product insurance offerings

  • Directors and Officers Liability (D&O)

  • Public Offering of Securities Insurance (POSI)

  • Commercial Crime, including full limit social engineering coverage

  • Employment Practices Liability (EPL)

  • Pension Trustee Liability (PTL), including run-off

  • Charity Trustee Liability

News and Insights

High inflation has contributed to soaring reconstruction costs in real estate. This inflation is intertwined with high demand, supply chain issues, labour shortages, and expensive energy. Indexation can help keeping sums insured aligned with actual replacement costs, preventing insurance payouts from failing to cover the full costs of a loss event. How indexation helps to prevent underinsurance in real estate

How indexation helps to prevent underinsurance in real estate

article
High inflation has contributed to soaring reconstruction costs in real estate. This inflation is intertwined with high demand, supply chain issues, labour shortages, and expensive energy. Indexation can help keeping sums insured aligned with actual replacement ...
Read moreHow indexation helps to prevent underinsurance in real estate

The Rm Sotheby's London To Brighton Veteran Car Run Welcomes Lockton As Official Insurance Partner

A multi-year partnership with the world’s largest independent insurance brokerage for the world’s longest-running motoring event The Royal Automobile Club is delighted to welcome Lockton as the official Insurance Partner to the RM Sotheby’s London to Brighton Veteran Car Run, the world’s longest-running motoring event and the greatest celebration of early pioneering automobiles, taking place on Sunday 5 November 2023. A multi-year partnership with the world’s largest independent insurance brokerage for the world’s longest-running motoring event The Royal Automobile Club is delighted to welcome Lockton as the official Insurance Partner to the RM Sotheby’s London to Brighton Veteran Car Run, the world’s longest-running motoring event and the greatest celebration of early pioneering automobiles, taking place on Sunday 5 November 2023.

Why museums need a well-managed and scheduled collection

The recent theft of several objects from the British Museum has underlined the need for effective collection management among museums, galleries, and other collection-based institutions. While government-sponsored institutions will usually be covered for their losses by the state, private institutions will typically purchase commercial insurance. For such institutions, failure to demonstrate collection management best-practice could trigger negative consequences in the event of a loss, including financial or reputational damage, or less favourable insurance terms.The recent theft of several objects from the British Museum has underlined the need for effective collection management among museums, galleries, and other collection-based institutions. While government-sponsored institutions will usually be covered for their losses by the state, private institutions will typically purchase commercial insurance. For such institutions, failure to demonstrate collection management best-practice could trigger negative consequences in the event of a loss, including financial or reputational damage, or less favourable insurance terms.

Recent events create volatility for terrorism insurance

The global terrorism and political violence market has experienced increased volatility in recent years. Civil unrest in Chile, Hong Kong and South Africa generated significant losses. This was further compounded by the Russian invasion of Ukraine. In response, the market hardened quickly: insurers pushed for higher rates to offset losses, imposed more restrictive terms and adjusted their risk selection approach. Sublimits that had been available for extensions like “contingent business interruption”, “unnamed suppliers”, “service interruption” and “miscellaneous unnamed locations” were commonly excluded, as renewal negotiations became more protracted.The global terrorism and political violence market has experienced increased volatility in recent years. Civil unrest in Chile, Hong Kong and South Africa generated significant losses. This was further compounded by the Russian invasion of Ukraine. In response, the market hardened quickly: insurers pushed for higher rates to offset losses, imposed more restrictive terms and adjusted their risk selection approach. Sublimits that had been available for extensions like “contingent business interruption”, “unnamed suppliers”, “service interruption” and “miscellaneous unnamed locations” were commonly excluded, as renewal negotiations became more protracted.
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