How to mitigate growing Maritime Cyber Risks
The global maritime industry is embracing the fast-evolving digital age, from GPS, ECDIS, AIS, ENC, ERS and e-B/L to full smart shipping. Soon, we will see fully remote and autonomously controlled smart ships navigating the oceans. As the world becomes increasingly more digital, the associated risks involved are growing exponentially, which at the same time also means higher expectations of the insurance industry. The main cyber risk trends we have seen in recent years include an increase in both frequency and severity of ransomware attacks, more sophisticated business emails making compromising attacks in the ‘deep fake’ era, targeted ‘zero day’ […]
From burnout to balance: mastering stress in the modern workplace
Stella Sung, Senior Vice President of Head of People Solutions, North Asia, Lockton Companies (Hong Kong) Ltd. In the contemporary work landscape, stress has emerged as a pervasive challenge impacting employees across all levels. The relentless demands of meeting deadlines, managing escalating workloads, and striving for work-life balance often culminate in burnout. However, as HR and benefits professionals, we play a vital role in supporting employees in navigating stress and burnout. By implementing effective strategies and fostering a supportive culture, we can empower employees to transform burnout into balance and master stress in the modern workplace. Understanding Workplace Stress Workplace […]
Insurance for Escape Room Industry
In recent years, immersive entertainment is booming in China. The escape room industry, being a new form of recreation, breaks into the market quickly and the whole industry is bound to scale up. We understand that owners and operators are still facing safety risk and possible claims. How can they ensure safety and reduce loss as much as possible? Lockton has created a specialist team to provide insurance services for the Escape Room Industry. We strive to support clients in managing their insurance needs, driving operating efficiency and solving their problems by providing professional services. Through our global expert network […]
Global insurance capacity facilitates China’s renewable energy boom
As the world aims to reduce CO2 emissions and reach climate goals, China is forecast to add the bulk of the global renewable energy capacity to be created by 2026 in the power sector. To be completed, the projects will require significant insurance capacity from international markets. Global renewable power capacity is expected to increase by more than 60% between 2020 and 2026, adding the equivalent of the current total global power capacity from fossil fuels and nuclear combined, according to the International Energy Agency (IEA). Solar photovoltaic (PV) alone is set to provide more than half of this capacity creation. […]
Managing the risk of electric fleets
Businesses are rapidly replacing their internal combustion engine (ICEs) powered fleets with electric vehicles (EVs) to reduce their carbon footprint. As part of the process, fleet managers need to address EV specific risks while also making sure that their insurance providers are keeping pace with the company’s changing risk exposure. The electric vehicle push In Europe, the EV model offering will continue to grow on the back of regulations that set limits to each manufacturer’s light-duty fleet average carbon emissions. Because companies can earn and trade credits, sales of EVs are critical to balancing emissions from other vehicles. Major manufacturers are planning […]
Political, Trade Credit and Surety
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Affinity
专注保护客戶的财产和人员,为您提供世界一流水平的保险和风险咨询服务
Risk and Claims Management
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