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

The worldwide shift to remote work has sparked new logistical and structural legal challenges that have warranted many countries to pass teleworking legislation. This article has been updated to include recent amendments to Ukraine’s home-based and remote working legislation from 2 May 2025.New Remote Working Legislation Around the World [Updated]

New Remote Working Legislation Around the World [Updated]

article
UPDATE: Ukraine amended its home-based and remote working legislation from 2 May 2025. More details below. With the rise of technology, work from home has been a steadily growing trend for many years. Remote working has exploded since Spring 2020 with quarant ...
Read moreNew Remote Working Legislation Around the World [Updated]

Wage and hour insurance market update

Wage and hour litigation is accelerating, and no industry is immune. Recently, federal filings have surged, and claim resolutions have reached hundreds of millions of dollars. Wage and hour litigation is accelerating, and no industry is immune. Recently, federal filings have surged, and claim resolutions have reached hundreds of millions of dollars.

India to implement major employment law reforms [Updated]

Update: On 21 November 2025, the Government of India announced the implementation of the four labor codes with effect from the same date. However, employers should note that the implementing regulations required to fully operationalize major provisions in the codes are still being finalized. The Government has indicated that draft rules will be published for stakeholder consultation. During this transition, existing labor laws and rules will continue to remain in force.Update: On 21 November 2025, the Government of India announced the implementation of the four labor codes with effect from the same date. However, employers should note that the implementing regulations required to fully operationalize major provisions in the codes are still being finalized. The Government has indicated that draft rules will be published for stakeholder consultation. During this transition, existing labor laws and rules will continue to remain in force.

Turning the tide on social inflation and rising liability insurance costs

Social inflation is fueling escalating litigation costs and a surge in nuclear verdicts, which is reshaping the risk landscape for businesses across the U.S. Social inflation is fueling escalating litigation costs and a surge in nuclear verdicts, which is reshaping the risk landscape for businesses across the U.S.
See all news and insights