Insurance and risk management are playing a key role in the energy transition, and as industry advocates, we collaborate with the Clean Energy Council to support this shift.

— INDUSTRY

Power and Energy Specialists

Innovative solutions for a complex market

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Power and Infrastructure

The Power and Infrastructure sector is one of the most dynamic industries of the 21st century and very few industries are experiencing a transformation or transition quite like it.

Climate change, system security, reliability, storage, evolving electricity market demand, technologies, unprecedented investment, government policy and regulations and erosion of traditional base load markets all present a complex set of risks to all market participants. 

Whether that be power generation, transmission and distribution network owners, developers, retailers or infrastructure service providers, we help businesses manage their risk finance strategy and deliver innovative solutions that support your aspirations.

Energy

From upstream to downstream, participants in this heavily regulated market are operating in a uniquely challenging environment. 

Global pandemics, volatile commodity and financial markets, supply chain challenges, decreased oil consumption etc have placed greater uncertainty on our industry and the risks that need to be considered are unique. Operators, contractors and service companies alike need innovative, cost effective methods of managing their risks.

New problems require new solutions and Lockton is here to help the energy sector companies optimise risk financing and to deliver innovative solutions to support your aspirations.

Key Contact

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Craig Buckle

Chief Executive Officer, Lockton New Zealand
craig.buckle@lockton.com
+64 21 909 147

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Latest from Lockton

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

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

article
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 Middle East and North Africa (MENA) ...
Read moreCyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

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