Insights
There is always something exciting happening at Lockton. Here are just a few from our newsroom.
AI Errors and Accountability
The widespread availability of OpenAI has led businesses to integrate it into their daily operations. While intended to aid people and improve work efficiency, a Deloitte AI ethics survey suggests that machine learning is prone to inherent biases and …
Beyond Pricing Considerations for D&O Insurances
The governance professional will know that directors’ and officers’ (D&O) insurance is an important risk mitigation tool. The governance professional will also know that not all D&O coverage is the same and that there are exclusions and deductibles. …
Product recall: mitigating against labelling and packaging errors
Errors in the labelling and packaging process are one of the main drivers of product recalls in the global food and drink sector. Where such events occur, their impacts for businesses can be devastating – including consumer harm, financial loss, and …
The risk evolution of automated storage systems
The risk evolution of automated storage systems The world of storage and distribution is changing. To improve operational efficiency, operators are seeking ways to optimise space utilisation, increasing both the height and/or density of storage with …
Through the fire: Learning from Fire Incidents in Asia
As we observe Fire Prevention Month in March, businesses throughout Asia must remain vigilant against potential fire hazards. While the region contends with various natural disasters, such as typhoons and earthquakes, fires have also left their mark …
Addressing the growing risk of blades detaching from wind turbines
Wind turbines are an increasingly popular form of energy generation. Although dependent on size, their ability to potentially power a home for two days with a single rotation has contributed to a 9% YoY growth of total installed wind capacity to 906 …
