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
PDF2742 KB

Key Contacts

Placeholder image

Muhammad Saad

Client Manager
Muhammad.Saad@mena.lockton.com

Latest news and insights

We are pleased to introduce the first edition of Lockton’s Specialty London Market Report. The Specialty Division was formed 18 months ago to provide Lockton’s retail network and clients across the globe with support and advice from the full breadth of London’s Specialty teams.London Market Report October 2024

Law firms: digital assets and blockchain risks

From blockchain-based payment systems to clients’ token offerings, law firms are increasingly finding themselves giving advice around digital assets, blockchain, and other forms of distributed ledger technology (DLT). Given the evolving regulatory landscape, law firms must be knowledgeable and straightforward on the advice they provide to clients.From blockchain-based payment systems to clients’ token offerings, law firms are increasingly finding themselves giving advice around digital assets, blockchain, and other forms of distributed ledger technology (DLT). Given the evolving regulatory landscape, law firms must be knowledgeable and straightforward on the advice they provide to clients.

Reducing the cost of insuring firefighting aircraft

As the global climate shifts, wildfires are becoming more frequent and intense. The economic and environmental consequences can be devastating, and the need for effective firefighting aircraft has never been greater. Purpose-built firefighting aircraft and their pilots stand at the forefront of this battle, providing essential service in saving property, forestry, and lives, but traditional insurance models have made insuring these aircraft prohibitively expensive. It is essential that insurers, brokers, and insurance buyers work together to improve the insurance conditions for these operations as the need to fight wildfires is set to rise further. As the global climate shifts, wildfires are becoming more frequent and intense. The economic and environmental consequences can be devastating, and the need for effective firefighting aircraft has never been greater. Purpose-built firefighting aircraft and their pilots stand at the forefront of this battle, providing essential service in saving property, forestry, and lives, but traditional insurance models have made insuring these aircraft prohibitively expensive. It is essential that insurers, brokers, and insurance buyers work together to improve the insurance conditions for these operations as the need to fight wildfires is set to rise further.

Cyber Business Interruption Playbook – A guide to response and recovery

For most businesses, technology is the key to efficiency. From the internet and videoconferencing to accounting tools and project management apps, various forms of technology can help to streamline processes, maintain data flow, and reduce operational expenses.
 
But it does not come without risks. Companies that rely on digital interconnectivity are targets for cybercriminals and other disruptions that can delay product deliveries and lead to penalties, lost contracts, or damage to business relationships and reputations.
 
This Cyber Business Interruption Playbook — produced by Lockton in partnership with J.S. Held — provides guidance on how to take a proactive approach to cyber business interruption, which includes risk assessment, insurance coverage, incident response, and recovery planning.
For most businesses, technology is the key to efficiency. From the internet and videoconferencing to accounting tools and project management apps, various forms of technology can help to streamline processes, maintain data flow, and reduce operational expenses.
 
But it does not come without risks. Companies that rely on digital interconnectivity are targets for cybercriminals and other disruptions that can delay product deliveries and lead to penalties, lost contracts, or damage to business relationships and reputations.
 
This Cyber Business Interruption Playbook — produced by Lockton in partnership with J.S. Held — provides guidance on how to take a proactive approach to cyber business interruption, which includes risk assessment, insurance coverage, incident response, and recovery planning.
See all news and insights