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As one of the leading risk consultants and insurance brokers within the renewable energy industry, Lockton has vast experience in identifying risks and designing cost efficient solutions to transfer and mitigate those risks, throughout all sections of the rapidly developing renewable energy sector.
— CORPORATE
Energy & Power
We cover the spectrum of risks you need to think about and address
As one of the leading risk consultants and insurance brokers within the renewable energy industry, Lockton has vast experience in identifying risks and designing cost efficient solutions to transfer and mitigate those risks, throughout all sections of the rapidly developing renewable energy sector. With a comprehensive knowledge of all of the industries’ constituents from Lenders to Developers and OEMs, we are in the best position to be able to develop the right bespoke product for each of our Client’s very project - specific requirements.
Our Downstream Energy team has a vast experience of designing and placing cost effective risk transfer solutions and products for clients throughout the Downstream Energy sector including exploration, refining, petrochemical, transport and storage.
Our Upstream Energy team specialises in the design and placement of complex, multi-coverage, insurance programmes for clients throughout the Upstream Energy sector and its support industries.
What we bring to your business
Lockton's Energy team is experienced in the challenges faced by upstream and downstream organisations. We recognise that risk management requirements and appetite vary greatly and we are able to support a client’s growth, through efficient and cost effective risk identification and management. We focus on: Construction Risks, Operational Risks, Natural Disasters, Environmental Requirements, Mergers and Acquisitions, Emerging Technologies, Policy Wording and Coverage analysis.
Through Lockton's global network we can provide access to the best expertise and risk transfer capacity wherever it is located at any moment in time
We have specialists with wide experience in what is now commonly referred to as ‘conventional energy’ having been engaged upon multi billion $ Thermal and Geo Thermal projects throughout their careers.
Our specialist teams provide experience and capabilities to all areas within the industry being proactive to produce positive outcomes whichever side of a transaction we are acting for.
Our services and areas of expertise
Upstream Energy
Physical Damage
Business Interruption
Control of Well
Mobile Rigs
Midstream/Downstream Energy
Physical Damage
Machinery Breakdown
Business Interruption
Tank Farms, Pipelines, Gas Processing Plant, Petrochemicals, Refineries and Power Generation.
Renewable Energy
Physical Damage including Business Interruption during transit, erection, testing and commissioning, operations, repairs/upgrading.
Liability to Third Parties during all phases of a Project
For; Wind Farms, PV and CSP Solar Plants, Bagasse and Bio Mass Power Plants, Hydro Electric Power Plants, Waste to Energy Power Plants.
Key Contacts
Alan Corney
Regional Head of Risk Management
Sunil Machado
Head of Power and Infrastructure
Latest news and insights
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articleThe ever-growing role of critical minerals within the global economy is increasing government demand for secure, reliable, and sustainable supply. As a result, critical minerals policy is now a decisive factor in determining which mining, metals, and minerals ...
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