Understanding your costs and budgeting for them is critical for all business. Lockton understands the mechanisms across all jurisdictions and can provide regular projections of insurance costs for current and future years.

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Premium Projections and Allocations

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Tracking and planning your compensation costs

    Understanding your insurance costs and budgeting for them is critical for all business. Unfortunately, we often see businesses caught short with inadequate accounting provisions as they hadn’t projected sufficiently or with due care.

    Lockton understands the premium and formula mechanisms across all jurisdictions and can provide regular scheduled projections of insurance costs for current and future years to assist not only with budgets and accruals, but also with future planning.

    In addition, our in-house tools allow us to work with you to allocate premiums between your divisions to ensure appropriate cost allocation, increasing the incentive for divisions to improve their own performance.

    Our services

    • Premium Projections

    • 5-Year Forecasts

    • Premium Allocations

    Key contacts

    Placeholder image

    Craig Simpson

    National Manager - Premium Strategy & Analytics
    craig.simpson@lockton.com
    +61 414 637 205

    Latest news and insights

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To ensure the maximum benefit from the investment in fire protection, it is important systems are designed and installed to meet insurer and other stakeholder needs. This Inside Risk edition explores the main considerations when selecting fire protection systems.
Inside Risk: selecting fire protection systems

    Beyond price: rethinking carbon credit value in the voluntary market

    Prices in voluntary carbon credit markets have declined broadly, but there is growing evidence of price differentiation based on quality attributes. This suggests the market is maturing in how it values carbon credits beyond traditional pricing.Prices in voluntary carbon credit markets have declined broadly, but there is growing evidence of price differentiation based on quality attributes. This suggests the market is maturing in how it values carbon credits beyond traditional pricing.

    Navigating a turbulent D&O insurance landscape

    Driven by economic uncertainty, geopolitical instability and rapid technological advances, the directors’ and officers’ (D&O) risk landscape is undergoing significant change. This article offers useful insights for board-level decision-makers seeking to understand this volatile landscape.Driven by economic uncertainty, geopolitical instability and rapid technological advances, the directors’ and officers’ (D&O) risk landscape is undergoing significant change. This article offers useful insights for board-level decision-makers seeking to understand this volatile landscape.

    Lockton appoints Mark Drummond-Brady as Non-Executive Director of Lockton International

    Lockton Companies, the world’s largest independent insurance broker, today announces the appointment of Mark Drummond-Brady to the Board of Lockton International as Non-Executive Director, effective immediately.Lockton Companies, the world’s largest independent insurance broker, today announces the appointment of Mark Drummond-Brady to the Board of Lockton International as Non-Executive Director, effective immediately.
    See all news and insights

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    Our People solutions team bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

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    Lockton People Solutions FAQs

    Lockton believes every business maximizes their potential when their people maximize theirs. That’s why we help our clients make their business, and their people’s lives, better. We know employers need solutions that help balance attracting and retaining talent, manage costs and promote employee well-being. Lockton helps guide clients to people solutions that drive employee understanding, engagement and satisfaction; incorporate competitive total rewards and benefits packages; and manage and measure the effectiveness of your programs.

    We work with every client thinking about how we can best improve your employee experiences to drive engagement, understanding, satisfaction and productivity; design total rewards and benefits that increase perceived value and help attract and retain talent, while controlling costs; and help you make information-based decisions, measure and manage your programs, while driving a competitive business advantage amid an increasingly complex landscape.

    Lockton delivers a full suite of solutions in the following areas: employee experiences and engagement, total rewards and benefits, and management and measurement.

    Lockton is privately owned, which allows teams to prioritize client business. Our Associates are empowered to go above and beyond to help their clients succeed and the entrepreneurial culture at Lockton fosters data-driven solutions, solving problems faster and more efficiently.

    Lockton operates all over the globe through Lockton offices and a network of Lockton Global Partners.

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