Articles

Fraudulent Instruction Loss: How Crime and Cyber Insurance Policies Intersect

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Insights

There is always something exciting happening at Lockton. Here are just a few from our newsroom.

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Articles
Fraudulent Instruction Loss: How Crime and Cyber Insurance Policies Intersect

Email-based fraudulent instruction scams are among the most common schemes affecting businesses today, and can be a source of significant frustration and financial loss. Crime and cyber policies represent the two most common sources of insurance recovery for losses from such schemes, and it’s vital  …

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Articles
Why plastic pollution may turn into a claims driver

As plastic production has grown, so too has plastic-related pollution, leading to a tangible effort by institutions and governments globally to tackle the environmental fall out, which is expected to result in a sizeable claims issue in the coming years. The issue Plastics contain various chemicals …

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Violence in the Workplace Preparation & Response Strategies

Workplace violence is not a new phenomenon. But recent statistical analyses reflect how prevalent a problem it is for employees and employers — and suggest it is a growing concern. Beyond the physical effects, including potential injuries and fatalities, victims of violence and those who are indirec …

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Inflation, climate change impact to residential property insurance

Lockton has spoken with high-net-worth specialist insurers to gauge the state of the household residential insurance market in 2023, and the effect it may have on premiums. Fuelled by inflation, insurance rates for property and contents have risen significantly as we move into 2023 and may continue  …

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Understanding Technology Errors and Omissions Coverage

Our reliance on computer technology products and services increases every day. Not surprisingly, the number of technology companies has similarly grown over time. Less obviously, businesses operating in more traditional sectors are beginning to offer technology services and products ancillary to the …

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De-risking hydrogen storage facilities

Demand for hydrogen reached an estimated 87 million metric tons (MT) in 2020, and is expected to grow to 500–680 million MT by 2050. The increase is driven by a number of factors such as the potential for hydrogen to decarbonise sectors including long-haul transport, chemicals, iron and steel; and a …

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