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.

Key Contacts

Placeholder image

Muhammad Saad

Client Manager
Muhammad.Saad@mena.lockton.com

General Inquiries

Get in touch

contact@mena.lockton.com

Latest news and insights

The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the MENA region. Analysis by respected maritime intelligence firms such as Pole Star Global and Windward indicate that the vessel's navigational systems were likely compromised by GPS jamming, leading to incorrect positioning data and ultimately to the grounding incident. This event underscores the growing cyber threat to vessel movement in the region – one with potential outcomes including groundings, collisions, and environmental harm. For MENA, where critical trade routes such as the Strait of Hormuz and the Suez Canal are lifelines of global commerce, the implications are particularly serious. Regional security dynamics, increased reliance on digital systems, and proximity to cyber-capable nation-state actors elevate both the frequency and severity of these risks. Despite this, in our work with marine clients across the Middle East and North Africa, we continue to observe a significant disconnect between emerging cyber threats and existing risk transfer arrangements. That gap must close before the next incident occurs. Cyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

Cyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

article
The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the Middle East and North Africa (MENA) ...
Read moreCyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

Ensuring the right cargo cover amid tariff uncertainty

The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.

Data centers: Protecting projects across the life cycle

While global sentiment may be subdued in some sectors, there is a lot of excitement about data centers. Demand for data center capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data center capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation. While global sentiment may be subdued in some sectors, there is a lot of excitement about data centers. Demand for data center capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data center capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation.

Protecting Tomorrow, Today: Why Employee Benefits Matter More Than Ever in the UAE

Discover how UAE companies can attract and retain top talent with cost-effective, people-first employee benefits that go beyond salary—covering wellness, flexibility, and financial security.Discover how UAE companies can attract and retain top talent with cost-effective, people-first employee benefits that go beyond salary—covering wellness, flexibility, and financial security.
See all news and insights