Lockton reveals crisis management division

spike

Major insurance broker Lockton Companies LLP has launched a dedicated crisis management unit in London.

To be led by crisis management head Matt Humphries, the specialist division sits within Lockton’s wholesale property and casualty operations. The 12-strong team will be working closely with clients globally in the areas of product recall, terrorism/political violence, and special contingency.

“This launch comes at a vital time in which businesses are increasingly concerned about their ability to respond to damaging, unforeseen events,” said Humphries. “A dedicated unit will align us more closely with the organisation of our insurer partners and allow for even closer collaboration.

“Effective crisis management goes beyond your traditional insurance products. Innovative products like crisis response cover, active shooter, and reputational risk are growing in importance and relevance. Clients require in-depth support and expertise to ensure their crisis management insurance programme is current to their ever-changing exposure.”

Prior to his appointment as head of crisis management, Humphries served as Lockton’s senior vice president of product recall and brand damage.

 

Source Article

Next Post

Climate campaigner believes AXA boss “has a clear choice to make”

In the open letter seen by Insurance Business, the campaigners wrote: “In its 2021 World Energy Outlook, the International Energy Agency (IEA) just confirmed that in a Net Zero Emissions scenario, ‘no fossil fuel exploration is required, and no new oil and natural gas fields are required beyond those that […]