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Lockton Norway appoints Øyvind Larsen as CEO

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Over the last 24 months, several high-profile insolvencies within the UK construction sector have led to a hardening of the Surety market. Many sureties have been reducing their capacity, while others have withdrawn from the market entirely. Employers are also increasingly requesting bonds as an additional form of security, typically with more onerous terms. For contractors and subcontractors, following best practice is key to building a successful Surety programme. Prioritising early engagement, transparency, and a partnership mentality can help to streamline negotiations and achieve the best terms. Construction contractors: key tips to build a successful Surety programme

Construction contractors: key tips to build a successful Surety programme

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Over the last 24 months, several high-profile insolvencies within the UK construction sector have led to a hardening of the Surety market. Many sureties have been reducing their capacity, while others have withdrawn from the market entirely. Employers are also ...
Read moreConstruction contractors: key tips to build a successful Surety programme

Lockton appoints Edel Ryan to lead Entertainment Practice

Lockton, the world’s largest independent insurance broker, today announces the appointment of Edel Ryan as Practice Leader for the Entertainment Practice. The role is based in London and effective from 2 May 2025. Lockton, the world’s largest independent insurance broker, today announces the appointment of Edel Ryan as Practice Leader for the Entertainment Practice. The role is based in London and effective from 2 May 2025.

Derisking BESS projects

Demand for grid stability, improving battery technology, and significantly decreasing prices, has facilitated rapid growth in the battery energy storage system (BESS) market across the world. Demand for grid stability, improving battery technology, and significantly decreasing prices, has facilitated rapid growth in the battery energy storage system (BESS) market across the world.

AI risks: what directors and officers need to know

All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place. All new technologies carry risks when introduced on an enterprise level. Artificial intelligence (AI) is no exception, and directors and officers may find themselves in the crosshairs should negative repercussions arise from the use of such tools. To be prepared for the potential regulatory scrutiny or claims activity that comes along with the introduction of a new technology, it is imperative that boards carefully consider the introduction of AI, and ensure sufficient risk mitigation measures are in place.
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