Lockton Global Energy provides professional, cost-effective risk transfer and insurance solutions for our clients in the energy industry

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Property & Business Interruption

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Protecting your assets

Property and business interruption insurance varies considerably, depending on your risk profile and business footprint. Lockton’s specialists will work closely with you to create custom made solutions that deliver optimum value.

The Lockton approach to programme design and placement has a proven record of accomplishment in extracting exceptional results from the insurance market for our clients. 

Our large property portfolio is diversified and spread across the Middle East and North Africa Region. Our experts will act as an extension of your team to accurately identify, develop and implement the property programme that is right for you.

What we bring to your business

  • Our team will work closely with you to put forward a creative approach to leverage markets and optimize coverage at the most competitive costs.

  • At Lockton, we believe one of the most important aspects of property insurance is the quality of your submission. We use our expertise and knowledge of the market to guide you in the best way to present your business to underwriters.

  • We take pride in our relationships with underwriters throughout the global marketplace. This allows us to negotiate directly with the insurers that have the corresponding expertise and knowledge in the appropriate territory so we are able to obtain the best deal for you.

  • Through transparency, professionalism and commitment, Lockton in MENA strives to achieve the best coverage possible for our clients using the expertise and widespan of our regional and international offices.

Our services and areas of expertise

  • Detailed Business Interruption analysis  

  • Direct involvement in face-to-face brokering of accounts to most senior underwriters

  • Assistance with complex claim recovery

  • Market updates and assistance with preparation of management reports

  • Preparation of bespoke underwriting submissions specifications

  • Assistance with complex claim recovery

  • Review of coverage terms and policy wordings.

  • Custom made property policy to fit our client specific needs

Key Contacts

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Eliano Merheb

Head of Property Insurance

General Inquiries

General Enquiries

contact@mena.lockton.com

Latest news and insights

April to May 2025 saw a record 236% spike in distributed denial of service (DDoS) attacks across the Middle East and North Africa (MENA), according to a multisectoral analysis of government and private sector infrastructures.   Beyond productivity and financial impact, DDoS attacks can cause the collapse of health and safety mechanisms that result in physical harm to people.

The MENA Cyber Summit 2025 Annual Report highlights various sectors with vulnerabilities - the energy and manufacturing sectors are a case in point.  In 2017, Triton malware targeted safety instrumented systems (SIS) in a Saudi petrochemical facility, disabling controls and risking explosions or loss of life if not contained.  While the attack triggered an emergency shutdown without immediate casualties, it underscores the potential for catastrophic failures in MENA's industrial infrastructure, such as overridden emergency systems that can rapidly lead to fires or the release of toxic chemicals.

Other regions have been less lucky. A 2023 study by the University of Minnesota demonstrated that hospitals in the United States hit by ransomware saw a 20-35% rise in in-hospital deaths due to delayed care and operational disruptions.   Now, with sustained, worldwide, geopolitical tensions and the potential for cyberwarfare, the MENA region has become increasingly exposed to bodily injury as a result of cyber-physical attacks.
Cyber-Physical Risks: Safeguarding Against Industrial Bodily Injury in the Middle East

Lockton Expands into Saudi Arabia, Appoints Mohammad Al Abdul Jabbar as CEO

Lockton expands into Saudi Arabia, launching direct operations in Riyadh with a team of 20 specialists. Led by CEO Mohammad Al Abdul Jabbar, the move strengthens Lockton’s MENA presence and delivers tailored insurance solutions backed by global expertise.Lockton expands into Saudi Arabia, launching direct operations in Riyadh with a team of 20 specialists. Led by CEO Mohammad Al Abdul Jabbar, the move strengthens Lockton’s MENA presence and delivers tailored insurance solutions backed by global expertise.

Protecting Tomorrow, Today: Rethinking Renewal Strategies for Sustainable Benefits

Renewing your company’s medical insurance isn’t just an administrative task, it’s a strategic opportunity to realign your benefits programme with workforce needs, market trends and financial goals. A proactive approach ensures your plan remains competitive, sustainable and valued by employees.Renewing your company’s medical insurance isn’t just an administrative task, it’s a strategic opportunity to realign your benefits programme with workforce needs, market trends and financial goals. A proactive approach ensures your plan remains competitive, sustainable and valued by employees.

Market Squeeze: How Rising Demand is Driving Higher Political Violence Costs and Tighter Capacity

In today’s evolving political violence (PV) insurance market, a mix of global and regional pressures are tightening reinsurance capacity and pushing up premiums. Whilst new entrants are adding fresh capacity this must be weighed against the need for sustainable prices in the face of growing risks. Global events such as regional conflicts, along with political unrest and targeted infrastructure hits, are generating losses for reinsurers in active zones – and this has a knock-on effect on terms and access for GCC-based clients.

In today’s evolving political violence (PV) insurance market, a mix of global and regional pressures are tightening reinsurance capacity and pushing up premiums. Whilst new entrants are adding fresh capacity this must be weighed against the need for sustainable prices in the face of growing risks. Global events such as regional conflicts, along with political unrest and targeted infrastructure hits, are generating losses for reinsurers in active zones – and this has a knock-on effect on terms and access for GCC-based clients.
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