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

After a flurry of action by regulators and Congress earlier this year to shed light on PBMs, the DOL has at last published the final rule on PBM compensation disclosures. Final PBM transparency rules put plan sponsors in the driver’s seat

Thailand to implement national Employee Welfare Fund [Updated]

Non-exempt employers in Thailand must begin contributing to the Employee Welfare Fund (EWF) from 1 January 2027.Non-exempt employers in Thailand must begin contributing to the Employee Welfare Fund (EWF) from 1 January 2027.

2026 Cyber Controls Guide

Lockton's 2026 Cyber Controls Guide explains the cybersecurity controls insurers look at most, from MFA and EDR to AI governance, with steps you can take now.Lockton's 2026 Cyber Controls Guide explains the cybersecurity controls insurers look at most, from MFA and EDR to AI governance, with steps you can take now.

Beyond the Claim: Why Changes in Pharmacy Economics Matter to Stop-Loss Carriers

Rising pharmacy costs, PBM reform and changing rebate models are reshaping stop-loss risk. Learn what middle-market carriers should consider.Rising pharmacy costs, PBM reform and changing rebate models are reshaping stop-loss risk. Learn what middle-market carriers should consider.
See all news and insights