Backed by 100 years’ of collective experience, Lockton’s dedicated contingency insurance team safeguards your business from the associated risks that come with planning events and promotions. As the UK’s leading contingency broker, we pride ourselves on the level of service we offer, working closely with each client to provide tailored, effective insurance and risk solutions that protect your bottom line.

PRODUCTS AND SERVICES

Contingency

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Protection against unforeseen events

Whether a popular promotion has customers redeeming at a higher rate than anticipated, or your event was cancelled at the very last minute due to bad weather – unexpected events can be incredibly costly to you as an organiser. Contingency insurance exists to protect the expenses and revenues of event planners, broadcasters, sponsors, brands, exhibitors or even private individuals, should the unforeseen occur.

Backed by 100 years of combined experience, Lockton’s dedicated contingency team safeguards your business from the risks that come with planning events and promotions, whether you are in the sports industry, music, theatre, entertainment or otherwise. As the UK’s leading contingency broker, we pride ourselves on the level of service we offer, working closely with each client to provide tailored, effective insurance and risk solutions that protect your bottom line.

Our Services

What we bring to your business

  • Depth of experience - Our team has worked with clients across a wide range of industries, tackling risks of all types – this makes us able to pre-empt even the most unlikely exposures

  • A-rated cover - Most of our business is placed either with Lloyd’s or with other A-rated International insurers

  • Tailored solutions - We have years of experience developing bespoke insurance programmes, allowing our clients the freedom to achieve the maximum impact from their event or promotion

  • Cost-effective policies - Whatever the event, promotion or prize, we will strive to find a competitive solution to meet your specific insurance needs

What we cover

  • Event cancellation

  • Conference and exhibition cancellation

  • Non-appearance

  • Weather risks - including cover for stabilising income, unseasonal rain, extra expenses and cost containment

  • Prize indemnity

  • Contractual bonus – covering you for any contractually-assumed liability to award performance bonuses to individuals

  • Over redemption – ensuring you are protected from financial risk in the event that a promotion redeems at a higher level than anticipated 

  • Death, disablement, disgrace

  • Booking refund cover

Our Contingency Insurance Team

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Edel Ryan

Entertainment Practice Leader
edel.ryan@lockton.com
+44 742 378 4506

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Andy Thompson

Senior Vice President
andy.thompson@lockton.com
+44 207 933 2970

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Juliet Birrell

Vice President
juliet.birrell@lockton.com
+44 778 086 5994

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Dominic Longley

Vice President
dominic.longley@lockton.com
+447823762350

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Dean Innes-Meyrick

Vice President
dean.innesmeyrick@lockton.com
+44 758 417 8931

Looking for Specialty solutions?

Lockton Specialty London is a globally connected team of insurance experts extensively covering a diverse range of product lines and industry sectors. We provide flexible, bespoke solutions tailored to the needs of your client.

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News and Insights

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

Ensuring the right cargo cover amid tariff uncertainty

The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.The recent US import tariff changes have created significant trade disruption in the cargo market: goods were expedited prior to expected tariff increases, or after the announcement, diverted to other destinations, or held in storage awaiting improved tariff conditions.

Data centers: Protecting projects across the life cycle

While global sentiment may be subdued in some sectors, there is a lot of excitement about data centers. Demand for data center capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data center capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation.

While global sentiment may be subdued in some sectors, there is a lot of excitement about data centers. Demand for data center capacity is expected to grow rapidly in coming years, driven not only by customer demand but also by the rapid rise of artificial intelligence (AI) advancements. To meet this demand, AI data center capacity is conservatively projected to experience a compound annual growth rate (CAGR) of 40.5% through 2027, according to estimates from the International Data Corporation.

New business appetite for cargo risks at record levels

After several years of post-pandemic recovery and trading uncertainties, the beginning of 2025 has seen an increase in market participants that has led to insurance capacity reaching an all-time high. This comes despite ongoing challenges in the broader economic and geopolitical landscape.  After several years of post-pandemic recovery and trading uncertainties, the beginning of 2025 has seen an increase in market participants that has led to insurance capacity reaching an all-time high. This comes despite ongoing challenges in the broader economic and geopolitical landscape.
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