Professional & Financial Lines | Insurance & Risk Specialists

— PRODUCTS AND SERVICES

Professional and Financial Lines

Understand your exposure, reduce your risk, and stay compliant

Employment practices covered

Changing corporate governance standards bring new requirements for corporate risk management. Lockton is on top of it. Our team of specialists will work with you to understand your exposures, reduce your risks, and keep you compliant.

As an employer, you face many risks, from breach of contract to discrimination. Choosing the right employment practices liability insurance program takes careful consideration.

Potential risks include: breach of employment contract; discrimination against employees or prospective employees; wrongful termination; and sexual or other harassment.

An effective policy also protects against the implications of changing employment legislation. Your Lockton experts will make sure you are covered.

Errors and omissions through to professional liability

When a product or service allegedly fails and causes financial damage, your company may face a legal dispute. Lockton experts ensure you have the protection you need.

An errors and omissions or professional liability policy covers the defence and settlement expenses associated with professional services provided by a consultant, designer or professional (lawyer, healthcare worker, accountant, engineer etc). Such policies also cover products such as technology and other equipment.

Taking care of theft and fraud

If an employee steals money, securities, or property from you or a client, a crime policy reimburses you. Lockton’s experts help you choose the right coverage for your company. A crime policy can also provide coverage from illegal acts of third parties, such as computer fraud, wire transfer fraud, and robbery/burglary that result in a loss.

Errors and omissions and professional indemnity
Multi-year/single project professional indemnity
Employment practices liability
Public offering or securities insurance
Commercial and financial crime
Unauthorised trading
Regulatory response and asset protection insurance

Furthermore, we offer the following services to complement these products:

Risk management advice, training and consultancy
Education to your executive team on risk management and risk transfer solutions
Differentiate your company with the underwriting community in order to obtain optimal risk transfer options.
Provide ongoing communication of changes – legal and regulatory – that may affect your company.
Advocacy services for disputed or declined claims.