Lockton
Lockton is the world’s largest, privately owned, independent insurance broker and its service team can be found on four continents and in major cities throughout Asia, the United States, UK, Ireland and Latin America. Currently Lockton has around 65 offices serving clientele in over 125 countries.
The company has more than 6,500 risk professionals worldwide covering over 50,000 clientele and provides financial and risk services to small, medium and large businesses and to individual clients. Lockton International is specialized in property & casualty, employee benefits, surety, design & construction, real estate, retail, food service, transportation, healthcare, professional indemnity, financial services, energy, marine, aviation, reinsurance, affinity program, technology, hospitality, manufacturing, food processing and distribution and a wide range of other financial and risk products and services.
Lockton’s Private Equity & Corporate Acquisitions Practice is a leading provider of insurance solutions to Private Equity firms around the globe assisting our clients in securing risk transfer and balance sheet protection solutions for the unique risks faced by PE Firms through the use of specialist products.
Private Equity Firms face unique and broad risk exposures in the operation of their business and unfortunately these risks can sometimes lead to complex and costly legal actions being brought by stakeholders. Examples of areas which claims could arise include but are not limited to, offering documents, mismanagement of the fund(s), breach of SPA’s when divesting of an investment, allegations of negligence in advice provide to management of PortCo’s exits from investment and regulatory investigations.