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

Luxembourg has amended its Labor Code under articles L. 312-9 and L312-10 to introduce an explicit right to disconnect for employees and implement fines for employers who fail to take action or breach the provisions of a right to disconnect agreement. The law came into force on 4 July 2023.Luxembourg enacts right to disconnect [Updated]

Australia Combines and Expands Parental Leave Entitlements [Updated]

The Australian government recently announced that the existing government-paid primary caregiver parental leave and partners leave will be combined into a single 20 week leave available to, and shareable between, both parents starting from 1 July 2023.The Australian government recently announced that the existing government-paid primary caregiver parental leave and partners leave will be combined into a single 20 week leave available to, and shareable between, both parents starting from 1 July 2023.

Where there’s smoke: How plan sponsors can guard against tobacco surcharge litigation

For organizations that offer wellness programs to their workforce, there’s increased scrutiny over how employees who use other tobacco products are treated under those programs. For organizations that offer wellness programs to their workforce, there’s increased scrutiny over how employees who use other tobacco products are treated under those programs.

IRS releases HSA and high-deductible health plan limits for 2027

The IRS has announced the inflation-adjusted contributions and related amounts for health savings accounts (HSAs) and HSA-compatible high-deductible health plans (HDHPs) for 2027.The IRS has announced the inflation-adjusted contributions and related amounts for health savings accounts (HSAs) and HSA-compatible high-deductible health plans (HDHPs) for 2027.
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