Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Space insurance: the promise of in-orbit repair
The market for insuring satellites in orbit has seen many developments, but space itself continues to be a challenging environment. The satellites we launch to space must survive years of intense solar radiation, damaging vacuum conditions and temper …
Mitigating the climate change impact on vineyards
Climate change poses several challenges for viticulture. Grapes are vulnerable to changes in temperature, precipitation, water availability, pests and diseases, and extreme weather events. Changes in weather patterns are becoming less predictable and …
Inside Risk: Aerosols – managing the property fire risk
Aerosols are a familiar sight in our daily lives, providing the easy application of deodorant, cleaning materials, paint or other products in our home or workplace. However, aerosols can also contain flammable substances as well as flammable propell …
Parametric solutions: mitigating extreme weather risks in the mining sector
Extreme weather events such as floods and droughts, and natural catastrophes like tropical cyclones are major causes of disruption in the mining sector. As such events are expected to increase in frequency and severity, insurers are becoming more cau …
Mitigating the risks of carbon capture and storage projects
Every carbon capture and underground storage (CCUS) project is unique and requires engineering designs, procurement strategies, construction approaches and management systems. However, despite comprehensive analysis and skilled management processes, …
The Baltimore bridge collapse: a $4 billion question
The March 26 collision between the Dali container ship and the Francis Scott Key Bridge, resulting in the bridge's collapse, has highlighted the complexity of insurance coverage for maritime operations. The collision resulted in extensive property da …
