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Jack Lockton founded Lockton Companies in 1966 because he saw an opportunity to change the way insurance brokers do business. He offered something the other brokers couldn’t: an unwavering commitment to clients and a caring culture.Learn More

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Latest News & Insights

Intellectual property: rising infringement risk as life sciences booms

article
The life sciences sector is an increasingly prolific producer of intellectual property (IP). As it continues to attract investment in the UK and abroad, this trend is likely to continue. But for life sciences firms, and for their investors, the protection of I ...
Intellectual property: rising infringement risk as life sciences booms

Two trends set to reshape the product recall market

Two trends are emerging in the product recall/contamination market that are giving insurance buyers new options and an opportunity to adjust their current insurance protection to better suit their needs. Two trends are emerging in the product recall/contamination market that are giving insurance buyers new options and an opportunity to adjust their current insurance protection to better suit their needs.

Why retaining women is employers’ next big challenge

Every year, 8th March 2023 marks International Women’s Day (IWD), a celebration of women’s achievement, and a rallying cry for the creation of a more equal and inclusive world. For employers, IWD is also an opportunity to reflect on the progress of women in the workplace, and what more can be done to support women employees.Every year, 8th March 2023 marks International Women’s Day (IWD), a celebration of women’s achievement, and a rallying cry for the creation of a more equal and inclusive world. For employers, IWD is also an opportunity to reflect on the progress of women in the workplace, and what more can be done to support women employees.

Advantages of Surety Bonds vs Bank Guarantees

surety surety meaning surety bond surety bonds surety insurance surety fiduciary bonds define surety what is surety bond surety meaning of surety what is a surety bond surety bond insurance surety bond service surety definition what is a surety uk surety During these times of such economic uncertainty, we all need to find solutions to problems before they occur. When suppliers and contractors enter into a contract, there will often be an obligation for them to provide the Employer with a form of security, usually a guarantee or bond, which can be sought from either banks or insurance companies. With it currently being so important to demonstrate access to working capital and financial strength, there are several important reasons why it makes more sense to procure an Insurance Backed Guarantee or “Surety Bond” to fulfil this contractual obligation to the Employer. At Lockton, we are firm believers of providing a comprehensive service with multiple benefits to our clients. Our dedicated Surety Practice will work with you to optimise the use of surety bonds to improve flexibility and profitability for you and your business. Lockton have close working relationships with all UK & Ireland Regulated Sureties. This allows us to arrange the right solution with the right partners for you and your company. There are no hidden fees or costs with Lockton Surety Practice, and you will only ever have to pay for a bond when you require it. There are also no facility fees, wording review fees, non-utilisation fees or arrangement fees, which you may incur with banks and other UK & Ireland surety brokers. surety surety meaning surety bond surety bonds surety insurance surety fiduciary bonds define surety what is surety bond surety meaning of surety what is a surety bond surety bond insurance surety bond service surety definition what is a surety uk surety During these times of such economic uncertainty, we all need to find solutions to problems before they occur. When suppliers and contractors enter into a contract, there will often be an obligation for them to provide the Employer with a form of security, usually a guarantee or bond, which can be sought from either banks or insurance companies. With it currently being so important to demonstrate access to working capital and financial strength, there are several important reasons why it makes more sense to procure an Insurance Backed Guarantee or “Surety Bond” to fulfil this contractual obligation to the Employer. At Lockton, we are firm believers of providing a comprehensive service with multiple benefits to our clients. Our dedicated Surety Practice will work with you to optimise the use of surety bonds to improve flexibility and profitability for you and your business. Lockton have close working relationships with all UK & Ireland Regulated Sureties. This allows us to arrange the right solution with the right partners for you and your company. There are no hidden fees or costs with Lockton Surety Practice, and you will only ever have to pay for a bond when you require it. There are also no facility fees, wording review fees, non-utilisation fees or arrangement fees, which you may incur with banks and other UK & Ireland surety brokers.
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