Global Cyber & Technology Practice
Global cyber & technology practice
A complete solution to inform, improve, and insure cyber and privacy risk.
Lockton’s independence gives us the freedom to be a strong, flexible advocate always acting in your best interest. With 50+ Cyber & Technology Associates across the globe and relationships with more than 175 insurance companies, our team is dedicated to delivering unparalleled service to meet your organizational needs.
We handle over 300 incidents a year, with a 99% claim success rate to date. Our global reach ensures that our clients have access to the knowledge that comes from years of experience across multiple jurisdictions and multiple industries.
Inform, Improve, and Insure
Our three-pronged approach sets us above and apart from our competitors.
A sound and informed cyber risk management plan protects your clients, employees, and balance sheet. It also helps to preserve your reputation and support your growth.
We make it our business to learn all we can about your business operations and aspirations. Our team of experts takes time to know your specific cyber risk exposures. This includes using analytics to quantify the financial impact a cyber event could have on your organization.
Additionally, we monitor how contemporaries within your specific industry view their respective risks. This focused and data-driven approach helps to inform decisions about how much cyber risk should be transferred to insurance products and allows us to improve your cyber risk posture and strengthen your cybersecurity defenses.
We provide tailored and sound recommendations to improve risk management, build resilience, and increase preparedness.
Depending on your needs, we can review your current cybersecurity risk posture and then work with you to educate your employees, leadership, and board on cyber awareness and best practices. This includes designing and performing incident response exercises with your organization, evaluating and making changes when needed.
Next, we can help you create a security governance framework and establish policies, procedures, and protocols around cyber hygiene and security. By leveraging insurer offerings and strategically coordinating them with services from our partners, we determine the best solution for each client’s goals and objectives.
We don’t just place a cyber insurance policy for you. We take it further. Our team develops an insurance solution that fits your individual risk, potential exposures, and targeted goals.
We are not content to simply sell organizations what insurers are offering. Instead, we design an insurance policy that meets the organization’s needs and then challenges insurers to provide the necessary coverage. Lockton has proprietary policy forms and endorsements with insurers that are designed and maintained with the benefit of claims experience. That is the best way to ensure broad and certain coverage. By working with counterparts who specialize in other coverage lines, we make certain your coverages are complete and coordinated.
Stronger together, we are by your side every step of the way — from consulting with you about coverages and costs to advocating on your behalf when you have a claim — and everything in between. We never leave your side.
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