Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
Avoiding the pitfalls of collateral warranty obligations
The provision of a collateral warranty increases a construction professional’s financial exposure. Each issued warranty potentially creates another claimant against the construction professional, and it is therefore in their interest to limit the num …
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 …
Building Safety Act: risks and insurance guidance for conveyancers
The Building Safety Act 2022 (BSA) introduced protection for qualifying leaseholders from liability for cladding and non-cladding related remediation works. The costs of these works can be substantial and it is the responsibility of conveyancers to s …