Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Understanding the Nuances: Admitted vs. Non-Admitted Personal Insurance Carriers
Insurance is a crucial aspect of financial planning, providing protection and peace of mind in times of uncertainty. However, navigating the complex landscape of insurance can be daunting, especially when it comes to choosing between admitted and non …
Managing logistic firms’ risks as service offering expands
Logistic firms are extending their offering. They now provide end-to-end services, covering the complete logistic cycle: starting with procurement and distribution, transport, delivery to the customer and ending with return logistic. The evolution of …
“Pay to be paid” clause: consequences of the High Court’s marine ruling
In a significant ruling for the marine insurance industry, the High Court of England & Wales has confirmed the enforceability of “pay to be paid” clauses in marine insurance policies. What is a “pay to be paid” clause? The “pay to be paid” concept …