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

— CORPORATE

Property & Business Interruption

Contact Us

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

Placeholder image

Naji Abboud

Head of Facultative
Naji.Abboud@mena.lockton.com
+971 56 696 6785

Placeholder image

Eliano Merheb

Head of Property
Eliano.Merheb@mena.lockton.com
+971 50 361 0490

General Inquiries

General Enquiries

contact@mena.lockton.com

Latest news and insights

Lithium-ion batteries have become both ubiquitous and essential to our modern lives. Utilised in our homes, workplaces, and transportation, lithium-ion batteries provide a readily available and reliable source of power for devices, such as cars, e-bikes, computers, and mobile phones. Inside Risk: lithium-ion battery returns — managing property fire risk in the retail sector

Inside Risk: lithium-ion battery returns — managing property fire risk in the retail sector

article
Lithium-ion batteries have become both ubiquitous and essential to our modern lives. Utilised in our homes, workplaces, and transportation, lithium-ion batteries provide a readily available and reliable source of power for devices, such as cars, e-bikes, compu ...
Read moreInside Risk: lithium-ion battery returns — managing property fire risk in the retail sector

Lockton Appoints Two Senior Leaders to Strengthen Growth Across Their Direct Operations in MENA

Lockton, the world’s largest privately held independent insurance broker, has announced the appointment of two senior executives to newly created leadership roles in the Middle East and North Africa (MENA) region. These appointments are part of Lockton’s continued investment in its Direct insurance broking business and its commitment to delivering exceptional client service across the region.Lockton, the world’s largest privately held independent insurance broker, has announced the appointment of two senior executives to newly created leadership roles in the Middle East and North Africa (MENA) region. These appointments are part of Lockton’s continued investment in its Direct insurance broking business and its commitment to delivering exceptional client service across the region.

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

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. 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.

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.
See all news and insights