At Lockton, we understand the challenges you face. Our approach is genuinely different from our peers. We work with you, focusing on the areas of cost that are affecting your fleet to create a tailored plan that meets your needs.

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Lockton’s Motor Practice Group

Motor fleet risk is going through a major transformation. Costs are escalating, technology is becoming almost a pre-requisite for many fleets, and the pace of change for business models – which was already escalating prior to Covid-19 – has become even more acute.

At the same time, the insurance market is becoming increasingly challenging, with premiums increasing and insurers Insurers becoming far more selective. In order to navigate these conditions, you will expert advice and a solid strategy.

At Lockton, we understand the challenges you face. Our approach is genuinely different from our peers. We work with you, focusing on the areas of cost that are affecting your fleet to create a tailored, cost-efficient insurance plan that meets your needs.

How we work with our clients

Audit

Our starting point is to analyse your existing risk management arrangements, processes and loss history. By doing this, we can identify the issues and exposures within your business that are most likely to influence and impact your claims, insurance premium, and retained costs. This ‘deep dive’ will include analysis of various areas, such as:

  • Your claims and other performance data (incidents/accidents)

  • FNOL process/accident reporting times

  • Existing use of technology e.g. telematics

  • Existing procedures and communication

  • Existing risk management strategies

  • How you manage driver performance

  • Your culture

Strategy

We use the output from the audit to formulate a robust risk management strategy with you. This will provide you with a number of benefits:

  • Quick fix’ strategies to help you better manage the risk and control cost

  • Performance benchmarking to help determine where support may be focused

  • Long-term risk management strategy planning (around 30 risk management tools available, including technology, improved claims management and driver performance targets)

  • A best-practice approach to enable you to take control of your fleet risk and improve your loss history

Motor practice group brochure

We work with you, focusing on the areas of cost that are affecting your fleet to create a tailored plan that meets your needs.

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Event cancellation typically stems from adverse weather or the non-appearance of artists and key personnel. However, stakeholders within the entertainment industry must also recognize the threat of political violence to live productions – particularly as the m ...
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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.
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