Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
The United Kingdom and the European Union reached a post-Brexit trade agreement on Dec. 24, 2020. It is expected that this agreement will be ratified by the EU parliament in short order. The Brexit deal cleared the House of Commons on Dec. 30 and will be voted on by the House of Lords on its way to …
Right now, the Covid-19 vaccine is perhaps the most coveted commodity in the world. Protecting this cargo during its journey around the globe and enabling it to safely reach its destination is a tremendous challenge, not only because the vaccine needs to be kept at temperatures of up to -70°C, but a …
Despite a challenging year, the hard work and accomplishments of the Lockton Retirement practice were recognized with multiple industry awards. The National Association of Plan Advisors (NAPA), The Financial Times, and Investment News all placed spotlights on the Lockton team’s expertise, diverse pe …
Cyber extortion used to be simple; horrible, but not complex. Threat actors infected a computer system with ransomware that encrypted an organization’s digital assets. The victim then either restored from backups or paid the ransom, which typically was a small amount. The threat actors often were sm …
Hurricane Laura’s impact reaches across the Texas and Louisiana coasts. Aside from power outages, physical access issues, evacuations and curfews, COVID-19 adds a new dimension. A KEY STEP IN RECOVERING FROM THIS STORM INVOLVES DEALING WITH INSURANCE. Many insureds have questions such as: Are we cov …
The impact of Covid-19 on claims begins to materialise and insurers are starting to adapt their underwriting strategies. While developments remain fluid, some general tendencies are becoming apparent. Acknowledging these trends should help in the preparation for policy renewals. The effect on claims …
