Lockton’s highly-experienced Motor Practice Group can help you minimise your fleet risk and protect your bottom line with innovative, tailored advice and insurance. Utilising in-depth industry knowledge, lasting insurer relationships and unparalleled market access, we’re uniquely placed to help you secure the best possible solution for your business.

PRODUCTS AND SERVICES

Motor Fleet Risk

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Manage and minimise your fleet risk

In light of rising premiums, tough market conditions and rapid advancements in technology, motor fleet risks are becoming increasingly challenging for businesses to manage.

Lockton’s highly-experienced Motor Practice Group can help you minimise your fleet risk and protect your bottom line with innovative, tailored advice and insurance. Utilising in-depth industry knowledge, lasting insurer relationships and unparalleled market access, we’re uniquely placed to help you secure the best possible solution for your business.

We take a joined-up approach to offsetting your exposures, combining elements of risk management, claims support and broking and analytics from experts across our business. We will work closely with you, taking the time to understand your business model and focusing on the areas that impact the cost of your fleet. With dedicated account managers advocating for you at every stage, you can be confident that you are getting the best possible deal on your cover.

Our Services

  • Motor fleet insurance broking by industry experts

  • Full-service claims support from our in-house team

  • Risk Management reviews and consultancy services

  • Latest technological insights and resources

  • Discounted third party products and services

“Having been referred to Lockton by our bank, we have been delighted with the level of service, knowledge of our sector, expertise and most of all, the savings Lockton have provided for our business. Their service was incredibly professional and personal"

Robin Ramage

Ramage Transport

Our team

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Steve Vachre

Head of Motor Practice Group
steve.vachre@lockton.com

Download our brochure

Motor fleet risk is going through transformational change. Costs are escalating and technology is becoming a pre-requisite for many fleets. Download our capabilities brochure to discover how we can support your motor fleet operation.

Download our brochure
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News and Insights

Most firms very wisely seek to limit their liability to clients in their engagement letters. It makes sense to do this so the firm and the client both know how much financial compensation might be available if things go wrong. 
But while limiting liability is good risk management practice, such clauses must be drafted carefully to be effective. Problems arise where the perceived losses are more than the limit of liability contained in the engagement letter. And if restrictions and exclusions are too onerous, they could be deemed unenforceable, leaving liability unrestricted.
Law firms: limiting liability in engagement letters

Hydrogen vehicles and refuelling stations: property considerations

Increasing fuel costs and the  ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine.  Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density  fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use. Increasing fuel costs and the  ongoing need to reduce carbon emissions means that businesses continue to look at reducing their reliance on the fossil fuel internal combustion engine.  Electric vehicles are at present the main contender, although hydrogen-based technology could provide another alternative for commercial vehicles. Hydrogen has been used for many decades in various industries and provides a high energy density  fuel when burned, producing no greenhouse gases. However, hydrogen also presents several hazards and there are safety factors to consider when planning its storage and use.

Golden thread: BSA requirements create additional cyber exposure

The Building Safety Act 2022 and the associated Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 introduced significant information retention requirements through their ‘golden thread’ provisions. These apply to buildings defined as ‘higher risk’ in the legislation.

The golden thread comprises information to create a proper understanding of a building and consequently the steps needed to keep both the building and people safe. It is envisioned as a building’s ‘single source of truth’, and to avoid obsolescence and omission errors, it is not intended to be held across multiple sources or even duplicated (save back up).

The legislation stipulates that the golden thread information must be held digitally, and to protect both personal information and the security of the building, it must be held securely.The Building Safety Act 2022 and the associated Building (Higher-Risk Buildings Procedures) (England) Regulations 2023 introduced significant information retention requirements through their ‘golden thread’ provisions. These apply to buildings defined as ‘higher risk’ in the legislation.

The golden thread comprises information to create a proper understanding of a building and consequently the steps needed to keep both the building and people safe. It is envisioned as a building’s ‘single source of truth’, and to avoid obsolescence and omission errors, it is not intended to be held across multiple sources or even duplicated (save back up).

The legislation stipulates that the golden thread information must be held digitally, and to protect both personal information and the security of the building, it must be held securely.

Deepfake and the risk of vendor fraud: challenges and solutions for solicitors

Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients.

To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.Advances in artificial intelligence (AI) technology are increasing the threat to solicitors of deepfake-enabled vendor fraud, with conveyancing and property transactions a particular target. Where successful, these frauds can inflict significant financial and reputational harm, both on a firm and its clients.

To protect themselves, solicitors must adopt proactive measures to bolster their verification procedures and minimise their exposure.
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