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

Antitrust and regulatory coverage under directors and officers liability (D&O) policies was once widely available to healthcare organizations. With litigation costs soaring and enforcement intensifying, underwriters are scrutinizing this coverage more closely. Fading antitrust and regulatory D&O coverage challenge healthcare organizations to act

IRS announces benefit plan limits for 2026

The IRS has released the cost-of-living adjusted (COLA) limits for welfare and retirement benefit plans for 2026.The IRS has released the cost-of-living adjusted (COLA) limits for welfare and retirement benefit plans for 2026.

Download Today: 2026 Global Healthcare Cost Trend Report

Employer health plan costs are projected to rise 10.9% globally, with more than  half of countries expecting double-digit increases. Chronic disease, pharmacy costs, and labor shortages are driving this trend. Employers are responding with smarter negotiations, digital tools, and preventive strategies. Download Lockton’s Global Healthcare Cost Trend Report to read more about these insights.  Employer health plan costs are projected to rise 10.9% globally, with more than  half of countries expecting double-digit increases. Chronic disease, pharmacy costs, and labor shortages are driving this trend. Employers are responding with smarter negotiations, digital tools, and preventive strategies. Download Lockton’s Global Healthcare Cost Trend Report to read more about these insights.

Eight emerging risks to watch for food, agriculture, and beverage companies

New and emerging risks are shaping the food, agriculture, and beverage industry. In today’s market, understanding key risk factors, and how to mitigate them, is essential. Here are eight emerging risks to knowNew and emerging risks are shaping the food, agriculture, and beverage industry. In today’s market, understanding key risk factors, and how to mitigate them, is essential. Here are eight emerging risks to know
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