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.

— PRODUCTS AND SERVICES

Professional and Financial Lines

Understand your exposure, reduce your risk, and stay compliant

Contact us

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.

Our Products and Services

Lockton offers the following products in professional and financial risk management:

  • 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.

Key Contact

Placeholder image

Tanya Washer

Client Director, Professional & Financial Risks
tanya.washer@lockton.com
+64 27 278 2543

General Inquiries

Get in touch

info.nz@lockton.com

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.

Talk to our team

Latest news and insights

At Lockton, we empower our people, clients, and communities to achieve their ultimate potential. In the last two years, we’ve made great strides in building on our foundation to make changes, decisions, and investments that will result in positive global outcomes. We’ve become a better employer, client advisor, and community partner. We’ve invested in understanding our environmental footprint, formalized a global committee, and doubled down on our commitment to our people and neighborhoods — to name a few. The efforts and expertise of our people and leaders worldwide to further our values and solidify our commitments are creating changes that will continue to help us achieve a remarkably better world. As always, we remain committed to being an employer of choice, trusted client advisor, and active community partner. We look forward to our ongoing progress in this space. Creating a Remarkably Better World

Creating a Remarkably Better World

article
At Lockton, we empower our people, clients, and communities to achieve their ultimate potential. In the last two years, we’ve made great strides in building on our foundation to make changes, decisions, and investments that will result in positive global outc ...
Read moreCreating a Remarkably Better World

Space insurance: the promise of in-orbit repair

The market for insuring satellites in orbit has seen many developments, but space itself continues to be a challenging environment. The satellites we launch to space must survive years of intense solar radiation, damaging vacuum conditions and temperatures ranging from minus 150C to plus 200C. This means that sometimes – despite careful design, highly-regulated manufacturing, and stringent testing - parts can fail.The market for insuring satellites in orbit has seen many developments, but space itself continues to be a challenging environment. The satellites we launch to space must survive years of intense solar radiation, damaging vacuum conditions and temperatures ranging from minus 150C to plus 200C. This means that sometimes – despite careful design, highly-regulated manufacturing, and stringent testing - parts can fail.

Mitigating the climate change impact on vineyards

Climate change poses several challenges for viticulture. Grapes are vulnerable to changes in temperature, precipitation, water availability, pests and diseases, and extreme weather events. Changes in weather patterns are becoming less predictable and they can have significant impacts on the yield, ripening, sugar content, acidity, phenolic compounds, and aroma of the grapes.Climate change poses several challenges for viticulture. Grapes are vulnerable to changes in temperature, precipitation, water availability, pests and diseases, and extreme weather events. Changes in weather patterns are becoming less predictable and they can have significant impacts on the yield, ripening, sugar content, acidity, phenolic compounds, and aroma of the grapes.

Directors and Officers (D&O): Trends and Insights

In the first half of 2024, the directors and officers (D&O) insurance market for New Zealand’s corporate sector has continued the trend of premium stabilisation witnessed last year. For large enterprises, premium reductions are bringing some relief in an economic environment where increasing costs are all too common, while for small to medium-sized businesses with solid financial foundations, D&O premium rates are predominantly incurring inflationary uplifts.In the first half of 2024, the directors and officers (D&O) insurance market for New Zealand’s corporate sector has continued the trend of premium stabilisation witnessed last year. For large enterprises, premium reductions are bringing some relief in an economic environment where increasing costs are all too common, while for small to medium-sized businesses with solid financial foundations, D&O premium rates are predominantly incurring inflationary uplifts.
See all news and insights

With a global footprint of over 100 offices, there’s sure to be one near you.

Find an office
*100+ Lockton offices and partner offices worldwide
Lockton blue globe