Utilities

RISK MANAGEMENT

Utilities

Expertise that goes far beyond insurance placement.

Expertise

Loss potentials are large and complex. Because the risks you face are technical, high value, driven by contractual risk transfer, and with a significant debt component, you need expertise that goes far beyond the process of placing insurance. Lockton’s team of specialists covers the spectrum of risks you need to address.

You benefit from the leading group of technical property loss control engineers. These contractual diagnostic specialists track the risk transfer elements within third-party contracts and the risk impacted commitments that influence loss of income or potential breach of debt covenants. Claims specialists, forensic accountants, and due diligence teams have supported more than $30 billion of buy-side transactions, providing the most sophisticated risk management support and marketing team in the industry.

Expert team of Strategic Risk Consultants

  • More than 31,000 MWs of independent power production and more than 10,000 MWs of renewable energy

  • Involvement in all of the in-process LNG facilities

  • Experience with a wide range of public, private, and municipal utilities around the world

To structure your utility insurance program, we start by understanding your business goals and human capital strategy. Then, we align risk management, employee benefits and retirement strategies with your business objectives.

Latest news & insights

Digital asset companies are highly optimistic about the future, especially the prospect of greater regulatory clarity under the Trump administration, panelists on a recent Lockton and BGR Group webcast said. Watch a replay of our webcast for more insights on digital asset regulation and risk. Webcast Replay | Digital Assets: Navigating Regulation and Risks

Spain proposes reduction in maximum working hours

Spain is considering reducing the legal maximum working hours from 40 to 37.5 hours per week, implementing changes in how working hours should be recorded, and strengthening the existing right to disconnect. These changes are intended to help employees achieve better work-life balance and improve overall wellbeing.Spain is considering reducing the legal maximum working hours from 40 to 37.5 hours per week, implementing changes in how working hours should be recorded, and strengthening the existing right to disconnect. These changes are intended to help employees achieve better work-life balance and improve overall wellbeing.

Germany introduces paid miscarriage leave

Germany is introducing up to eight weeks of paid leave for female employees who suffer a miscarriage after week 12 of pregnancy. This change will take effect on 1 June 2025.Germany is introducing up to eight weeks of paid leave for female employees who suffer a miscarriage after week 12 of pregnancy. This change will take effect on 1 June 2025.

Litigation trend puts health plan fiduciaries on notice

Fiduciary lawsuits are no longer just about retirement plans — health and welfare plans are now in the legal crosshairs. Our article breaks down why strong fiduciary risk management and fiduciary liability insurance are more important than ever for plan sponsors.Fiduciary lawsuits are no longer just about retirement plans — health and welfare plans are now in the legal crosshairs. Our article breaks down why strong fiduciary risk management and fiduciary liability insurance are more important than ever for plan sponsors.
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