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

On 6 November 2024, kidnappers in Toronto forced Dean Skurka into a vehicle during rush hour at a downtown intersection near the National Ballet of Canada. Kidnappers later released Skurka, the CEO of cryptocurrency firm WonderFi, after receiving a ransom of $720,660. Skurka emerged from the ordeal uninjured, but his plight illustrates the growing risk of harassment, extortion, and kidnapping that executives face, particularly for those who work in the digital asset sector. Safety threats are not limited to executives in just one or a few industries. However, as digital assets have gained visibility in recent years, criminals increasingly view the sector as a ripe opportunity for ill-gotten financial gain. That means digital asset companies must reassess several protocols, ranging from their physical and digital security measures to when and how often executives surface in public settings, and even how often they use social media.Why executive security should be top-of-mind for digital asset companies

Why executive security should be top-of-mind for digital asset companies

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Read moreWhy executive security should be top-of-mind for digital asset companies

5 Things to Watch in Food and Agriculture: April 2026

Geopolitical conflict in the Strait of Hormuz is driving fertilizer shortages, energy shocks, packaging inflation, and rising war‑risk insurance costs across global supply chains.Geopolitical conflict in the Strait of Hormuz is driving fertilizer shortages, energy shocks, packaging inflation, and rising war‑risk insurance costs across global supply chains.

Myriad threats challenge energy companies to step up their cyber risk management game

Energy companies can no longer ask if they will face a cyberattack, but rather how they will respond when one occurs. Read our article and learn how energy companies better navigate the cyber risk landscape. Energy companies can no longer ask if they will face a cyberattack, but rather how they will respond when one occurs. Read our article and learn how energy companies better navigate the cyber risk landscape.

Opportunity through precision: March 2026 Lockton Market Update

Lockton’s March 2026 Market Update breaks down the trends shaping insurance decisions this year, from economic conditions to capacity and emerging risks. Lockton’s March 2026 Market Update breaks down the trends shaping insurance decisions this year, from economic conditions to capacity and emerging risks.
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