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Lockton strengthens its presence in Switzerland

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As renewable energy plays an increasingly vital role in the global energy mix, forms of long-duration energy storage (LDES) are vital to meet overall energy demand, manage price volatility, and ensure reliable supply during periods of low generation. But as energy demand continues to grow, developers are increasingly targeting longer durations, and more complex projects. Inevitably, this introduces new challenges and risks that must be managed to make LDES a bankable prospect.Ensuring the bankability of long duration energy storage

5 key claims trends impacting insurance brokers’ PII

The market for insurance brokers’ Professional Indemnity Insurance (PII) has seen claims surge in recent years. Economic turbulence, regulatory changes, and the complexity of modern insurance products mean that brokers are experiencing more frequently and costly claims than ever before. These often stem from issues around the quality of advice, and a lack of clarity around coverage – leaving brokers to navigate a volatile risk landscape.The market for insurance brokers’ Professional Indemnity Insurance (PII) has seen claims surge in recent years. Economic turbulence, regulatory changes, and the complexity of modern insurance products mean that brokers are experiencing more frequently and costly claims than ever before. These often stem from issues around the quality of advice, and a lack of clarity around coverage – leaving brokers to navigate a volatile risk landscape.

Lockton strengthens its presence in Switzerland

Lockton, the world’s largest independent, family-owned insurance broker, is strengthening its presence in Switzerland by establishing offices in Zurich and Geneva — a natural next step in its long-standing commitment to Swiss clients. Lockton, the world’s largest independent, family-owned insurance broker, is strengthening its presence in Switzerland by establishing offices in Zurich and Geneva — a natural next step in its long-standing commitment to Swiss clients.

How to mitigate BESS pre-construction risks

The UK’s push toward net zero has enabled battery energy storage systems (BESS) to emerge as a crucial factor for grid flexibility, renewable integration, and energy security.The UK’s push toward net zero has enabled battery energy storage systems (BESS) to emerge as a crucial factor for grid flexibility, renewable integration, and energy security.
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