Lockton's expert Aerospace & Defense team partners with government contractors around the world to strategically navigate the risks associated with a dangerous geopolitical landscape. Work once performed primarily by the U.S. government and other states is now globally outsourced. Clients from venture-backed start-ups to Fortune 500 and FTSE 350 Tier 1 Defense Industrial Base (DIB) leaders depend on Lockton's risk management and insurance expertise. Uncommonly independent, our team of experts focuses on your needs and embraces your challenges as our own. Together, we work as partners to proactively achieve long-term goals — while protecting your interests at every turn. We identify and mitigate insurable risks, making it our business always to stay one step ahead.

The Lockton Affinity team underwrites, distributes and services specialty insurance products that fall outside standard markets. This includes building customized insurance solutions for affinity groups, associations, franchises and non-profits and administering millions of transactions for PEOs, risk purchasing groups and captives. Lockton Affinity's in-house solutions provide unique features to ensure program longevity and add real value for your group. Our IT department can develop a custom online insurance experience, including online apply-to-bind customer journeys, customer account management portals, and integration with program sponsor's existing systems.

Lockton works with chemical companies to provide comprehensive risk management and insurance solutions tailored to the unique exposures of the chemicals industry. Our team understands the complex regulatory environment, environmental risks, and operational challenges facing chemical manufacturers and distributors. We deliver innovative solutions that address the full spectrum of risks in the chemicals sector, from production and storage to transportation and distribution, helping clients navigate an increasingly complex risk landscape.

Lockton's foundation was built upon the construction and design industries. Our first 15 years were dedicated to this sector and that dedication remains today, with construction still comprising a sizable share of Lockton revenue. Lockton's specialist Global Construction Practice offers technical advice, programme placement and claims services for all types of major construction companies around the world. Our dedicated team provides bespoke, highly-targeted insurance solutions for global projects across a range of industries.

Lockton works with organizations of all sizes, including multinationals, independents and contractors in exploration and production, refining and marketing and power generation. We will meet you wherever you do business. The need for energy and power continues to rise, while ransomware attacks, aging infrastructure and acceleration of clean energy have exposed new vulnerabilities. We make it our business to understand the commercial realities you face and present them to the insurance market best. All so that we can improve your coverage while minimizing your costs. Lockton's Energy team is experienced in the challenges faced by upstream and downstream organisations.

Our expertise spans first-party risks, business interruption, including event cancellation/non-appearance, liability risks, financial and professional exposures. We have extensive experience in significant Entertainment & Sports loss events and understand that a loss event provides the ideal opportunity to prove our value. Expert guidance doesn't just happen. Experience plus creativity plus a relentless commitment to our clients is what gives us our edge. Lockton's Entertainment & Sports team of specialists live and breathe the Lockton entrepreneurial spirit. Our service model includes consultative program analysis, financial modeling, manuscript policy wordings, and results-driven market strategy.

Financial institutions and financial service companies around the world select Lockton to strengthen their insurance, risk management and employee benefit programs. Our expertise and influence in the insurance marketplace provide exceptional results for you, whether your business is publicly traded or privately owned. We offer robust services beyond that of a traditional insurance broker. Our industry-leading knowledge of risk and exposure allows us to deliver efficient, cutting-edge solutions unlike anyone else. Whatever risks you face, we unlock opportunities to help you move forward. We operate globally on a retail, wholesale or facultative reinsurance basis to meet your needs.

Lockton serves foodservice companies with specialized insurance and risk management solutions tailored to restaurants, catering operations, and food service providers. Our team understands the unique exposures facing the foodservice industry, from food safety and liability to employee-related risks. We deliver innovative solutions that help foodservice operators manage their risks effectively while focusing on delivering exceptional customer experiences. Our expertise spans the full range of foodservice operations, from quick service restaurants to fine dining establishments.

Healthcare organizations are facing unprecedented challenges including rising costs, increased scrutiny, and nuanced complexity. At Lockton, our team of healthcare experts help you return focus to your mission: the care you provide to patients, communities, and stakeholders. We develop the customized risk and people solutions you need to deliver on the outcomes you want. With the right expertise, our specialists turn data into actionable intelligence. You need a team that knows the business of healthcare. With deep industry knowledge and subject matter expertise, we help you confidently and successfully navigate today's growing complexities.

In the hospitality industry, customer satisfaction is everything. At Lockton, our fierce commitment to service, client-first attitude and strong entrepreneurial spirit sets us apart and empowers our team to deliver uncommon results. We believe it's not just what you do, it's how you do it. Some of the world's largest hotel management companies and real estate investment trusts depend on Lockton. With the intense financial pressures of the industry and the quicksilver changing risks, our team helps you improve safety, reduce claims cost and make your business stronger. Hotels, casinos, restaurants, resorts and other hospitality properties are susceptible to significant claim activity.

From the earliest design concepts, through to the construction process and eventual completion, global infrastructure projects come with a unique set of complex risks. Lockton's experienced team can help you transfer these exposures using strategic, highly-targeted insurance and risk management solutions. We take a data-led approach to transferring your risks, underpinned by in-depth industry expertise. We'll design a tailored solution based on the needs and interests of every involved stakeholder – helping you protect your investment at an affordable cost. Our team will handle the programme design, placement and delivery.

For law firms, managing and insuring professional liability risk exposures is key to protecting the firm's reputation and revenue. Law firms operate in an environment of increasing scrutiny, reducing the margins for mistakes and errors that result in claims. Through tireless advocacy and attention to detail, our Law Firm Practice delivers customized insurance solutions, claims and risk management advice, and loss prevention services tailored around your firm's specific needs. Our team has decades of experience serving the nation's leading law firms, including firms with national and global offices, regional law firms, boutique firms, and firms with niche practices.

Lockton provides comprehensive risk management and insurance solutions for manufacturers across all sectors. We understand the complex operational risks, supply chain challenges, and regulatory requirements facing manufacturing companies in today's global marketplace. Our team delivers tailored solutions that address the full spectrum of manufacturing risks, from property and casualty to product liability and business interruption. We work with manufacturers of all sizes to optimize their risk programs and protect their operations.

Lockton provides specialized insurance and risk management solutions for mining companies worldwide. Our team understands the unique challenges facing the mining industry, from operational risks and environmental exposures to commodity price volatility and regulatory compliance. We deliver comprehensive solutions that address the full lifecycle of mining operations, from exploration and development through production and closure. Our global reach and deep industry expertise enable us to serve mining clients wherever they operate.

Lockton provides specialized insurance and risk management solutions for nonprofit and faith-based organizations. We understand the unique challenges facing mission-driven organizations, from limited budgets and volunteer management to regulatory compliance and reputational risks. Our team delivers cost-effective solutions that protect nonprofit organizations while allowing them to focus on their missions. We work with nonprofits of all sizes, from local community organizations to large national and international charities.

As a global insurance brokerage, Lockton is focused on helping Life Science clients manage their risk with creative solutions, innovative products, and unparalleled service. Our Life Science consultants support clients operating throughout the industry, including biotech firms, pharmaceutical companies, medical device makers, contract manufacturers / contract development and manufacturing organizations / contract research organizations and nutraceutical firms. Simply put, we know your world because we work and live in it, too. Our experts support all lines of coverage - providing unique, service-intensive Life Science insurance solutions that align with your individual risk, exposures, and targeted goals. All our offerings are customized to scale, so, as your organization grows and changes, our solutions provide the right level of coverage every step along the way.

Lockton has earned a reputation as a leading risk management and employee benefits advisor to professional services firms like yours. The expertise and experience of the Lockton team will help you protect your business and your reputation when you face claims by dissatisfied clients alleging neglect, errors and omissions. The world moves fast, and so do we. Some might call it 'Lockton speed.' But equally important as being quick on our feet, agile and flexible is our ability to pause, consider, and move deliberately forward. We make it our business to chart the course, working as an extension of your team.

In the real estate and construction sector, risk creates uncertainty that can increase costs, erode stakeholder confidence and hinder delivery of project goals. We use risk management and insurance strategically to reduce this uncertainty, giving your business a competitive advantage while protecting your bottom line. Backed by over 30 years' experience, and supported by our network of partners around the world, our dedicated team of real estate and construction specialists have a detailed understanding of your particular issues and of your wider sector risks. We draw on our extensive network of some of the world's best insurers to create a strategy that works for you.

The retail environment is constantly changing and evolving while the global marketplace grows more and more competitive. Without a doubt, it's a challenging landscape. But with Lockton, it is but navigable. As the world's largest independent insurance broker, Lockton is empowered to respond to changing markets and changing risks. Lockton understands all aspects of the retail world, from the high street through the internet via distribution and home shopping. We deliver customized solutions tailored specifically to fit your needs. Our team is driven by courage, creativity, and a relentless need deliver the right solutions to you.

The technology industry speaks its own language, and Lockton understands it. The technology industry moves at warp speed. Count on us to work with a high sense of urgency, always ready to respond to changes in this fast-paced industry. Innovation and imagination need no encumbrances. Lockton works extensively with clients in electronic hardware, information technology, internet, medical equipment, semiconductors, software, and telecommunications. Our team of experts go beyond traditional approaches, and our industry experience allows us to anticipate your risk issues as you expand your operations in a tech-powered world. Speed alone won't cut it. But speed plus experience plus expertise will.

Some of the world's largest and most sophisticated telecommunication companies call on the Lockton team. Global players and niche competitors all face a challenging array of risk management and employee benefits issues. Lockton offers strategic solutions that deliver results. In the ever-changing environment of telecoms, Lockton recognizes the need to go beyond traditional approaches to new risks. Our team operates with a high sense of urgency and quickly responds to your evolving needs. Telecommunications firms also value Lockton's deep expertise in alternative risk finance strategies.

Lockton provides specialized insurance and risk management solutions for staffing agencies and companies with contingent workforces. We understand the unique exposures facing temporary staffing firms, from workers' compensation and employment practices liability to professional liability and cyber risks. Our team delivers comprehensive solutions that address the full spectrum of risks in the staffing industry, helping clients manage their exposures while supporting their growth. We work with staffing firms of all sizes across multiple industries.

You face a myriad of balance sheet and enterprise risk exposures. Lockton understands. After all, we've been working in the transportation industry for more than 30 years. Our clients count on us for insurance, risk management, and employee benefits expertise in all sectors of the industry, including truckload, less-than-truckload, dedicated, bulk/tank, specialized/final-mile, carhaul, railroad, 3PL, public transportation, and automotive fleets. You can depend on Lockton to handle the complex insurance issues for large fleets. The time-critical functions of cab card issuance, insurance certificates, and federal/state filing management are second nature to us. Lockton goes much further than just placing your insurance. We excel in designing fleet risk management and insurance structures that fit our clients' businesses – and drive down costs.

Lockton serves utility companies with specialized insurance and risk management solutions tailored to the unique exposures of power, water, gas, and telecommunications utilities. Our team understands the critical infrastructure risks, regulatory requirements, and operational challenges facing utility providers. We deliver comprehensive solutions that address the full spectrum of utility risks, from property and casualty to cyber and environmental exposures. Our expertise spans traditional utilities as well as emerging renewable energy and smart grid technologies.

Lockton provides specialized insurance and risk management solutions for waste management and recycling companies. We understand the unique challenges facing the waste industry, from environmental liability and regulatory compliance to fleet management and operational risks. Our team delivers comprehensive solutions that address the full lifecycle of waste operations, from collection and transportation through processing and disposal. We work with waste management companies of all sizes, from local haulers to national integrated waste services providers.

Lockton delivers risk management and insurance solutions for private equity firms and portfolio companies, addressing transaction risk, D&O liability, and M&A due diligence exposures across the investment lifecycle from acquisition through exit.

Cannabis — Lockton provides clients in the cannabis sector with a strategic risk management partnership, with a dedicated team that maps out potential risks and secures the right coverage, including exposures like assault and battery claims, health risks, product recall, and regulatory shifts affecting cannabis growers, processors, and manufacturers.

Lockton delivers expertise across property, casualty, financial and operational risks, student health, and people-related matters including employee benefits, to protect educational institutions against threats like data privacy, ransomware, campus safety, and ESG-related pressures across K-12 and higher education.

Lockton's dedicated fintech insurance practice provides impartial risk and insurance advice to businesses in the fintech sector, from early-years start-ups to publicly-listed names, with an exclusive policy wording providing enhanced coverage tailored to fintech-specific exposures across the growth journey.

Lockton delivers tailored insurance solutions for cyber, crime, liability, and regulatory risk to banks ranging from regional community institutions to global financial players. Banking exposes institutions to credit and liquidity risks, market volatility, operational challenges, compliance issues, fraud, and cyber threats. Lockton's dedicated team partners with banks to deliver tailored risk and insurance solutions that improve resilience and maintain customer trust. Lockton's data and analytics platform transforms complex risk data into actionable insights, helping banks make better decisions and prepare for future challenges.

Lockton provides specialized risk management and insurance solutions for municipalities, government risk pools, higher education institutions, and airports. Public entities face diverse and complex risks including assailant events, cyber threats, limited budgets, staff retention challenges, and aging infrastructure. Lockton goes beyond placing insurance, offering underwriting support, administrative services, claims consulting, and advanced analytics and risk modeling tailored to public sector needs. Being free from shareholder influence allows Lockton to prioritize public sector clients and their communities above all else.

Lockton's investment and asset management insurance team delivers bespoke coverage tailored to shifting regulations, complex threats, and growing demands from investors. The team manages risk for some of the world's largest investment portfolios, safeguarding assets under management and fortifying client positions. Lockton goes beyond insurance to deliver risk control and loss prevention solutions, providing visibility into top risks and regulatory guidance. The financial institutions umbrella spans asset managers alongside private equity, venture capital firms, banks, and insurance companies involved in managing and growing assets.

Development of models to measure expected cost differences, rate setting and reserving, plan design and contribution modeling, network discount analysis, and projection of liabilities for retiree medical plans. Actuaries provide specialized support for mergers and acquisitions due diligence and plan design studies.

Employee advocacy and engagement solutions to drive understanding and satisfaction. Enables employees to become informed advocates for organizational messaging and culture.

Acting as advocate in collaboration with insurers and adjusters, guiding clients through complex claims processes. Demonstrated expertise includes product recall claims management, with evidence of securing over $200M in claims payments for clients.

Executive compensation, salary management, and incentive compensation within a balanced total rewards strategy. Approach integrates business objectives to create balanced, uniquely tailored employee engagement strategies aligned with organizational goals.

Assessment of company employee benefit needs and implementation of structured plans including health insurance, wellness programs, and benefits strategy. Expertise informed by deep market analysis of industry forces and system-wide trends affecting employee benefit design and delivery.

Ensuring diversity, equity and inclusion strategies are appropriately reflected in people strategy and total rewards programs. Includes DE&I training programs for all employees and leadership, and support for employee resource groups (ERGs) to embed inclusion across organizational culture and compensation practices.

Cyber risk assessment, cyber insurance placement, and technology errors and omissions coverage with specialist technology and risk consultancy through Lockton Cyber Risk Advisory Services. Case study evidence demonstrates comprehensive coverage including business interruption loss, forensic and data restoration costs, and cyber extortion protection.

Tailored insurance and benefits programs for healthcare organizations including medical malpractice insurance and customized coverage. Capability includes turning data into actionable intelligence for healthcare organizations to support risk management and operational decision-making.

Specialized insurance solutions for infrastructure entities including partnerships with Macquarie Insurance Facility (MIF) for aggregated buying programs. Experience demonstrates approach can offer discounts of 15% or more, with specialized support for public-private partnerships including builders of bridges, tunnels, and airports.

Specialized insurance solutions for financial institutions protecting against regulatory, operational, cyber, and professional liability risks. Includes directors and officers insurance crafted to safeguard individuals from personal losses in connection with director or officer roles.

Financial analysis, transaction analysis, and insurance/benefits and risk management review for M&A transactions. Specialized expertise in healthcare M&A covering risk assessment, strategic positioning, and representations & warranties insurance considerations to protect transaction value.

Employee benefits consulting, total rewards strategy, compensation design, and people solutions that drive employee understanding, engagement and satisfaction while managing costs and promoting employee well-being. Demonstrated capability includes voluntary benefits package reviews achieving up to 20% cost savings with fixed pricing, and large-scale healthcare trust management supporting expansion from 25,000 to 45,000 members.

Evaluation of political risks, credit risks and risks associated with trade and investment in emerging markets, providing solutions for manufacturers and coverage for lenders. Tailored insurance coverage supports growth, protects cash flow, and reduces financing risk for organizations with international exposure.

Insurance solutions to protect against product recall costs and reputational damage, with policies covering all stages of the supply chain. Global placement expertise with more than 350 product recall policies placed and demonstrated track record of securing over $200M in claims payments.

Insurance and risk management solutions for professional services firms including professional indemnity insurance. Expertise includes professional indemnity policy wording for insurance brokers endorsed by BIBA.

Specialized risk management and insurance solutions for municipalities, government risk pools, higher education institutions, and airports including underwriting support, administrative services, and advanced analytics. Specialized coverage includes PTSD coverage for first responders and specialized liability insurance for law enforcement, public officials, and educators.

Navigating regulatory change, reducing compliance risk, and strengthening governance with tailored strategies that protect operations and support long-term resilience. Expertise includes translating regulatory requirements into actionable governance, risk control advice, and tailored insurance program design.

Consulting on defined benefit and contribution plans, fiduciary responsibilities, and investment advisory for retirement programs. Investment capabilities complement overall service offering and amplify results for clients and their employees through integrated planning and advisory.

Risk assessments, loss control programs, safety culture evaluation, and development of customized improvement plans with training to reduce claim frequency and severity. Includes specialized training such as mock trial workshops that place teams in live civil claim scenarios to build organizational capability.

Risk finance solutions to manage client balance sheet and cash flow volatility. Specialized structuring to optimize risk transfer and financial resilience.

Comprehensive risk assessment, identification and evaluation of threats including cyber risks, property risks, liability risks, and strategic risk consulting to align business strategy with risk management. Infrastructure case studies demonstrate the approach can deliver discounts of 15% or more while enhancing economic value, with proven expertise managing critical infrastructure, public safety, and essential services in the public sector.

Performance bonds, bid bonds, customs bonds, license and permit bonds, and deferred consideration bonds as alternatives to bank guarantees to free up working capital. Lockton Surety represents more than 2,000 clients across industries and is positioned as one of the largest surety brokers in the world.

Representations and warranties insurance, tax liability insurance, and contingent liability solutions for M&A transactions. Industry-leading track record advising on thousands of deals with demonstrated expertise in crafting and negotiating policies; Lockton insureds have recovered more than $1.4B in losses through RWI claims to date.

Lockton Global Solutions is a team of international specialists working across property, casualty, financial lines, and employee benefits as a single point of contact for multinational clients. The team provides end-to-end ownership of global risk advisory, program design, marketing, placement, and cross-border claims. Its proprietary analytics platform, Navigator, delivers full visibility into total cost of risk across every country and coverage line.

Lockton's fiduciary liability insurance protects executives and fiduciaries managing benefit plans from financial, governance, and cyber-related liability under ERISA. A single oversight in plan administration can leave fiduciaries personally liable, making this coverage a strategic safeguard against rising class-action litigation. Policies typically extend to judgments, settlements, and defense costs.

Lockton's Trade Credit insurance is a straightforward, cost-effective way to ensure payment for goods and services supplied, protecting clients from the risk of bad debts when customers become insolvent. This enables businesses to protect cash flow and profitability while confidently offering larger lines of credit to clients. Sophisticated commercial databases and credit analyst teams continuously monitor exposures, turning the policy into an ongoing credit management tool. The practice also arranges coverage protecting against political and counterparty risks in trade transactions, serving commodity traders, banks, and equity investors with cross-border exposure.