Lockton benefits
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We’ll deliver employee benefits programmes that are aligned to your business objectives
Accessing high quality, cost effective employee benefits can be a challenge in a market often seen to be commoditised and transactional. This is why Lockton Benefits recognises that every one of our clients deserves a personal and tailored approach, no matter their industry, size or location.
Acting as your strategic partner – we like to see ourselves as an extension of your team – we’ll fully get to grips with the different layers of your business to deliver integrated health and risk programmes that add value for your organisation.
The best analytics, consultancy and broking
Through a combination of analytics – allowing us to make firm business recommendations based on quality data – consultancy and broking, we will deliver employee benefits programmes that are aligned to your business objectives. As an independent company with no shareholders, we value our client relationships and work first and foremost for your best interests. Our only concern is ‘are we getting the best results for your business?'
Our services
Insurance covers we place include:
- Group life
- Group income protection
- Private medical insurance
- Healthcare trust
- International benefits
- Primary care/occupational health/screening
- Critical illness/dental/travel
- Flex/voluntary products
Consultancy services include:
- Alternative Risk financing solutions
- Benchmarking and audit
- Data analytics
- Global programme management
- Employee wellbeing
- M&A, due diligence and harmonisation
- Multi-national pooling and captives
Our team
Our team brings a wealth of talent, knowledge and experience gained over many years working as insurers, actuaries and consultants to some of the largest blue chip organisations in the world. And, the people you see when we pitch for your business will be the people who will work with you day-to-day.
Case study
Energy & service company
Our client came to us with a disparate insurance programme (7 brokers/17 policies/100+ differing levels of cover), escalating costs and no central control/data analysis. We conducted a background audit, including a full capture & analysis of programme data, as well a review of their financing structures. With this knowledge we assessed the opportunities to harmonise their benefits and consolidate the programme.
From our activity, our client saved over £300k, as well as achieving a 90% reduction in the differing levels of cover. They now have a unique and flexible solution to incorporate new acquisitions. We are now the single advisor managing 5 benefit lines/5 policies.
Broking done differently
We're more than an insurance broker
- we're independent specialist risk consultants
- we're independent specialist risk consultants
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Find the right fitWe will always ensure to understand your financial goals and position and use our know-how to create a strategy that fits your objectives.
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Predict impacts on your businessWe combine detailed modelling and financial analytics to show you the effect of an insurance programme on your business and the risks you face.
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Fight for youWe are not afraid to challenge insurers to achieve the best result for you.
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Stay up to dateWe keep up with developments in your industry, to make sure we understand your business.
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Keep costs lowWe help risk financing come up with lowest cost or most suitable programme.
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Global ExpertiseLockton Companies Inc. is the world's largest privately held insurance brokerage firm.
News & Insights
Latest News
Insight - Blog
Taking a holistic approach to employee benefits programmes
The Covid-19 pandemic has transformed the way people work, perhaps irrevocably. The health and wellbeing lessons we have learned during this last year are likely to inform our approach to employee benefits long into the future. Before the pandemic, looking at each employee benefit separately was less than ideal, but now it is more essential than ever to take a holistic view of corporate benefits programmes.
Insight - COVID-19
Pandemic reveals gaps in global employee benefits programmes
The outbreak of the COVID-19 pandemic has highlighted gaps in employee benefits programmes in many jurisdictions, particularly where social security protection is sketchy. Whilst these gaps may have been plugged hastily, a thorough audit of corporate programmes gives multinational companies the opportunity to enhance the level of cover needed to boost employee morale whilst leveraging economies of scale to keep costs down.
Insight - COVID-19
Addressing the financial stress caused by COVID-19
While many economies are set to shrink this year and unemployment is on the rise due to COVID-19 restrictions, the financial consequences have hit the working population in distinct ways.