From ransomware to phishing, targeted hacks, malware, or IP theft, the cyber threats to every business continue to grow in number and complexity. Many breaches occur by exploiting vulnerabilities, through human error or the actions of an insider and that in some cases, can go undetected for months.

PRODUCTS AND SERVICES

Lockton Global Cyber and Technology

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Independent expertise, designed to meet your individual needs

Lockton’s dedicated Global Cyber and Technology practice provides bespoke cyber insurance and risk solutions to meet the unique requirements of our clients. Our experienced team is made up of independent, specialist brokers and advisers who take the time to understand your business, delivering reliable, effective cover that responds the moment you need it.

Our team offers a wide range of expertise in cyber risk identification, protection and management as well as the proven delivery of results. Specialists from across the cyber industry are on hand to support you, including claims experts, ex-CISOs and legally qualified technicians.

Harnessing strong insurer relationships and direct access to the Lloyd’s market, the team is able to provide unparalleled solutions for our clients. In addition, Lockton’s global footprint and network ensures that the team can leverage worldwide insurance markets not only for cyber risk but also for technology errors and omissions coverage.

Our cyber team works closely with international markets (including the Unites States, Canada, Hong Kong and Australia) and is backed by a wealth of experience across multiple jurisdictions and industries. This allows us to offer localised, tailored service to our clients around the world.

What we bring to your business

  • A broad range of broking experience across all aspects of cyber and technology

  • Specialist technology and risk consultancy through Lockton Cyber Risk Advisory Services (LCRAS)

  • Navigation through the best cyber security process with our unique three-step approach: Inform, Improve and Insure

  • Partnered services on managed detection and response, forensic accounting, data landscaping and more

  • Tailored insurance solutions including a comprehensive risk protection programme interfacing with property, casualty, D&O, crime, PI and other lines of cover

  • Insurance programme benchmarking, cyber risk posture and maturity analytics

  • Proprietary forms with market-leading wording

  • Claims advocacy with experienced claims consultants

  • Claims administration and support

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 Global Cyber & Technology Brochure
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Latest news and insights

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The risk evolution of automated storage systems

Automated storage and retrieval systems (ASRS’s) are being used in warehouses more frequently to improve efficiency. The technology has the potential to reduce human error, optimise space utilisation, and enable faster order fulfilment. However, claims resulting from system failures and insufficient risk mitigation measures are on the rise. Businesses need to identify, monitor, and protect against potential hazards, particularly those related to fire, not least to be able to secure appropriate insurance cover.Automated storage and retrieval systems (ASRS’s) are being used in warehouses more frequently to improve efficiency. The technology has the potential to reduce human error, optimise space utilisation, and enable faster order fulfilment. However, claims resulting from system failures and insufficient risk mitigation measures are on the rise. Businesses need to identify, monitor, and protect against potential hazards, particularly those related to fire, not least to be able to secure appropriate insurance cover.

Cargo market remains stable amid global conflicts

The London cargo market continues to prove its stability to assureds in 2024 due to increased capacity, new entrants trading more actively since early 2023, a relatively static January reinsurance treaty renewal season, and more balanced profitability booked over the past few years. However, insurers’ reaction to geopolitical conflicts may require creative solutions and persistent negotiations to ensure appropriate protection.The London cargo market continues to prove its stability to assureds in 2024 due to increased capacity, new entrants trading more actively since early 2023, a relatively static January reinsurance treaty renewal season, and more balanced profitability booked over the past few years. However, insurers’ reaction to geopolitical conflicts may require creative solutions and persistent negotiations to ensure appropriate protection.

Cyber risk quantification: unlock learnings and lessons from major cyber event

Learn about the immediate and long-term realities a significant cyber event can have on an organisation.  Learn about the immediate and long-term realities a significant cyber event can have on an organisation.
See all news and insights

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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Our Cyber Team

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Joanne Alamango

CEO - Lockton Malta
joanne.alamango@lockton.com
+356 2011 9708

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Maria Farrugia

Associate
maria.farrugia@lockton.com