As one of the leading risk consultants and insurance brokers within the renewable energy industry, Lockton has vast experience in identifying risks and designing cost efficient solutions to transfer and mitigate those risks, throughout all sections of the rapidly developing renewable energy sector.

— CORPORATE

Energy & Power

Contact Us

We cover the spectrum of risks you need to think about and address

As one of the leading risk consultants and insurance brokers within the renewable energy industry, Lockton has vast experience in identifying risks and designing cost efficient solutions to transfer and mitigate those risks, throughout all sections of the rapidly developing renewable energy sector. With a comprehensive knowledge of all of the industries’ constituents from Lenders to Developers and OEMs, we are in the best position to be able to develop the right bespoke product for each of our Client’s very project - specific requirements.

Our Downstream Energy team has a vast experience of designing and placing cost effective risk transfer solutions and products for clients throughout the Downstream Energy sector including exploration, refining, petrochemical, transport and storage.

Our Upstream Energy team specialises in the design and placement of complex, multi-coverage, insurance programmes for clients throughout the Upstream Energy sector and its support industries. 

What we bring to your business

  • Lockton's Energy team is experienced in the challenges faced by upstream and downstream organisations. We recognise that risk management requirements and appetite vary greatly and we are able to support a client’s growth, through efficient and cost effective risk identification and management. We focus on: Construction Risks, Operational Risks, Natural Disasters, Environmental Requirements, Mergers and Acquisitions, Emerging Technologies, Policy Wording and Coverage analysis. 

  • Through Lockton's global network we can provide access to the best expertise  and risk transfer capacity wherever it is located at any moment in time

  • We have specialists with wide experience in what is now commonly referred to as ‘conventional energy’ having been engaged upon multi billion $ Thermal and Geo Thermal projects throughout their careers.

  • Our specialist teams provide experience and capabilities to all areas within the industry being proactive to produce positive outcomes whichever side of a transaction we are acting for.

Our services and areas of expertise

Upstream Energy 

  • Physical Damage

  • Business Interruption

  • Control of Well

  • Mobile Rigs

Midstream/Downstream Energy 

  • Physical Damage

  • Machinery Breakdown

  • Business Interruption

    Tank Farms, Pipelines, Gas Processing Plant, Petrochemicals, Refineries and Power Generation.

Renewable Energy 

  • Physical Damage including Business Interruption during transit, erection, testing and commissioning, operations, repairs/upgrading.

  • Liability to Third Parties during all phases of a Project

For; Wind Farms, PV and CSP Solar Plants, Bagasse and Bio Mass Power Plants, Hydro Electric Power Plants, Waste to Energy Power Plants.

Made-to-measure service, without compromise

From simple coverage reviews to fully-embedded risk management services, discover the many ways Lockton can help with your insurance needs.

Lockton MENA Energy Brochure
PDF2258 KB

Key Contacts

Placeholder image

John Nolan

SVP
John.Nolan@mena.lockton.com
+971 56 174 6126

Placeholder image

Muhammad Saad

Client Manager
Muhammad.Saad@mena.lockton.com

General Inquiries

Get in touch

contact@mena.lockton.com

Latest news and insights

An increasing number of construction companies are turning to modular construction to take advantage of potential efficiencies and cost savings. However, insurers do have some concerns about this technology that need to be addressed to ensure there is appropriate insurance cover in place for such projects. Addressing insurer concerns regarding modular construction

Addressing insurer concerns regarding modular construction

article
An increasing number of construction companies are turning to modular construction to take advantage of potential efficiencies and cost savings. However, insurers do have some concerns about this technology that need to be addressed to ensure there is appropri ...
Read moreAddressing insurer concerns regarding modular construction

Exploring the use of AI in healthcare

Artificial Intelligence (AI) is already being used to increase efficiency and accuracy in a wide range of healthcare areas, and healthcare service providers are currently exploring many more applications for the technology. Insurers need to be kept informed from the beginning of the development of new tools to ensure that the healthcare provider will be protected against the risk of a negative outcome triggering a claim. Artificial Intelligence (AI) is already being used to increase efficiency and accuracy in a wide range of healthcare areas, and healthcare service providers are currently exploring many more applications for the technology. Insurers need to be kept informed from the beginning of the development of new tools to ensure that the healthcare provider will be protected against the risk of a negative outcome triggering a claim.

Law firm mergers: an overview of liability issues

Whatever the rationale, how liabilities are dealt with after the completion of an acquisition, and the potential impact this may have on Professional Indemnity Insurance, are issues that warrant special attention. And now so more than ever, with continued low appetite to insure many firms, the increased selectiveness by insurers in who they are prepared to insure, and of course the steep rise in PII premiums over the past few years. Whatever the rationale, how liabilities are dealt with after the completion of an acquisition, and the potential impact this may have on Professional Indemnity Insurance, are issues that warrant special attention. And now so more than ever, with continued low appetite to insure many firms, the increased selectiveness by insurers in who they are prepared to insure, and of course the steep rise in PII premiums over the past few years.

Key considerations when merging company cultures

A failure to merge cultures is one of the primary causes of mergers and acquisitions (M&A) deals to collapse. For the best chance of success, therefore, it’s important for companies to adopt a people-first, culture-oriented approach to M&A.A failure to merge cultures is one of the primary causes of mergers and acquisitions (M&A) deals to collapse. For the best chance of success, therefore, it’s important for companies to adopt a people-first, culture-oriented approach to M&A.
See all news and insights