Home - UK | Lockton

Webinar: Navigating cyber incidents - your essential response strategies

1 / 5

Our Products and Services

We’re ready to help with all your risk management and insurance needs

Lockton named a Best Place to Work for a decade

Top 50, best large 5

Top 5 insurances

Lockton is a proud member of the Business Insurance Diversity and Inclusion Award

News and Insights

A wills bank is a centralised storage system for original wills and estate planning documents, often used by law firms to manage and safeguard clients' testamentary documents.

Purchasing a wills bank can provide law firms with long-term client retention and business opportunities. However, it also comes with regulatory responsibilities under the Solicitors Regulation Authority (SRA) Code of Conduct and potential implications for your insurance.

In this article we explore the advantages and disadvantages of purchasing a wills bank, the compliance and insurance risks to consider, and how risk mitigation can help you overcome some of the disadvantages detailed below.

Law firms: should you purchase a wills bank?

A wills bank is a centralised storage system for original wills and estate planning documents, often used by law firms to manage and safeguard clients' testamentary documents. Purchasing a wills bank can provide law firms with long-term client retention and bu ...

Cyber-physical risk in the marine sector: a wake-up call from the MSC Antonia

The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the MENA region. Analysis by respected maritime intelligence firms such as Pole Star Global and Windward indicate that the vessel's navigational systems were likely compromised by GPS jamming, leading to incorrect positioning data and ultimately to the grounding incident.

This event underscores the growing cyber threat to vessel movement in the region – one with potential outcomes including groundings, collisions, and environmental harm. For MENA, where critical trade routes such as the Strait of Hormuz and the Suez Canal are lifelines of global commerce, the implications are particularly serious. Regional security dynamics, increased reliance on digital systems, and proximity to cyber-capable nation-state actors elevate both the frequency and severity of these risks.

Despite this, in our work with marine clients across the Middle East and North Africa, we continue to observe a significant disconnect between emerging cyber threats and existing risk transfer arrangements. That gap must close before the next incident occurs.

The recent grounding of the MSC Antonia near the Eliza Shoals off Jeddah on 10 May 2025 has brought into sharp focus the real-world consequences of cyber-physical attacks in the maritime sector – and particularly within the MENA region. Analysis by respected maritime intelligence firms such as Pole Star Global and Windward indicate that the vessel's navigational systems were likely compromised by GPS jamming, leading to incorrect positioning data and ultimately to the grounding incident.

This event underscores the growing cyber threat to vessel movement in the region – one with potential outcomes including groundings, collisions, and environmental harm. For MENA, where critical trade routes such as the Strait of Hormuz and the Suez Canal are lifelines of global commerce, the implications are particularly serious. Regional security dynamics, increased reliance on digital systems, and proximity to cyber-capable nation-state actors elevate both the frequency and severity of these risks.

Despite this, in our work with marine clients across the Middle East and North Africa, we continue to observe a significant disconnect between emerging cyber threats and existing risk transfer arrangements. That gap must close before the next incident occurs.

Law firms: unlocking the benefits of effective management

Recent years have seen a positive shift in the legal sector: from coping with stress, to making the workplace a better and more supportive place to work. But despite some signs of change, many firms continue to struggle when it comes to delivering effective management. Solving this problem can be hugely beneficial, not only helping to avoid stress among staff, but also mitigating people and compliance risks, and supporting efforts to attract and retain staff.

Recent years have seen a positive shift in the legal sector: from coping with stress, to making the workplace a better and more supportive place to work. But despite some signs of change, many firms continue to struggle when it comes to delivering effective management. Solving this problem can be hugely beneficial, not only helping to avoid stress among staff, but also mitigating people and compliance risks, and supporting efforts to attract and retain staff.

Preparing your organisation for a potential ransomware payment ban

The increased prevalence of ransomware attacks is forcing the UK, along with many other countries, to explore mitigation tactics. One option is for a targeted ransomware payment ban — to negate cybercriminals’ funding mechanism.

The increased prevalence of ransomware attacks is forcing the UK, along with many other countries, to explore mitigation tactics. One option is for a targeted ransomware payment ban — to negate cybercriminals’ funding mechanism.

Subscribe to Lockton

Sign up to receive our latest news and insights.

Uncommonly Independent

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

With a global footprint of 135+ offices, there’s sure to be one near you.

*135+ Lockton offices and partner offices worldwide

Lockton blue globe

We're here to help

We bring creative thinking and an entrepreneurial spirit to the insurance business and are uniquely positioned to help you succeed.

Talk to our team