PHARMACY CONSULTING
Our in-house pharmacy consulting team of pharmacists, specialty drug experts, analysts, and former pharmacy benefit manager executives identify cost-saving opportunities and eliminate ineffective practices.
Case Study:
7,000 life manufacturer. Moved from broker owned coalition to a pass through PBM. Negotiated top rebate schedule for a 26% savings on pharmacy spend.
Lockton's internal clinician team helps self-funded clients reduce high-cost claims by engaging with ongoing claimants and finding centers of excellence. This approach has yielded $274M+ in verified cost savings, averaging 20% below market rates on renewals.
STOP LOSS & COMPLEX CLAIMS
REQUEST BENENFITS OPPORTUNITY ASSESSMENT
Lockton will conduct an opportunity analysis to provide you a baseline assessment of your benefits program. The results will inform your team of what is possible for a future state and provide a multi-year prospectus.
deliverables include:
Key Findings
Financial assessment
Benchmarking against industry standards
Identification of other opportunity areas and considerataions
Compliance Review
Proposed plan for future state
HEALTH INSURANCE/TOTAL REWARDS CONSULTING
BUTTON LABEL
Our in-house pharmacy consulting team of pharmacists, specialty drug experts, analysts, and former pharmacy benefit manager executives identify cost-saving opportunities and eliminate ineffective practices.
Case Study:
7,000 life manufacturer. Moved from broker owned coalition to a pass through PBM. Negotiated top rebate schedule for a 26% savings on pharmacy spend.
SELF-INSURED, GROUP CAPTIVE CONSULTING, LEVEL-FUNDED, FULLY INSURED
REQUEST YOUR BENCHMARKING
Lockton's robust data base includes regional and national statistics and our very own manufacturing client base of 620 manufacturers nationwide. See how you stack up to your peers!
BENEFITS BENCHMARKING FOR MANUFACTURING
Integrating claims, clinical data, and insights to identify targeted opportunities for population- and individual-level interventions. Our goal is to empower healthy individuals while improving chronic condition management, reducing health risks, and lowering costs for employers.
WELLNESS & HEALTH PRECISION CONSULTANTS
Lockton's dedicated IAS team can help your HR manage complex & clunky leave management processes and policies to protect your team's time & employee return to work strategies.
INTEGRATED ABSENCE SOLUTIONS (IAS)
Effective communication is one of the key pillars in our client strategy. Using a variety of employee engagement services, we strengthen your team so that your business can thrive.
EMPLOYEE ENGAGEMENT AND COMMUNICATION
People Solutions
Your people are important.
At Lockton, we use our global reach and experience to build a solution that reflects your business and the people who make it happen.
Our offerings that can be tailored specifically for manufacturing include:
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Lockton's dedicated IAS team can help your HR manage complex & clunky leave management processes and policies to protect your team's time & employee return to work strategies.
WORKFORCE TECHNOLOGY SOLUTIONS
Integrating claims, clinical data, and insights to identify targeted opportunities for population- and individual-level interventions. Our goal is to empower healthy individuals while improving chronic condition management, reducing health risks, and lowering costs for employers.
COMPLIANCE CONSULTING
Lockton's internal clinician team helps self-funded clients reduce high-cost claims by engaging with ongoing claimants and finding centers of excellence. This approach has yielded $274M+ in verified cost savings, averaging 20% below market rates on renewals.
VOLUNTARY BENEFITS, SUPPLEMENTAL BENEFITS & EMPLOYEE PERKS
BUTTON LABEL
Our in-house pharmacy consulting team of pharmacists, specialty drug experts, analysts, and former pharmacy benefit manager executives identify cost-saving opportunities and eliminate ineffective practices.
Case Study:
7,000 life manufacturer. Moved from broker owned coalition to a pass through PBM. Negotiated top rebate schedule for a 26% savings on pharmacy spend.
Executive Benefits
Effective communication is one of the key pillars in our client strategy. Using a variety of employee engagement services, we strengthen your team so that your business can thrive.
M&A DUE DILIGENCE
REQUEST BENENFITS BENCHMARKING FOR MANUFACTURING
Lockton's robust data base includes regional and national statistics and our very own manufacturing client base of 620 manufacturers nationwide. See how you stack up to your peers!
ACTUARIAL SERVICES
Our in-house pharmacy consulting team of pharmacists, specialty drug experts, analysts, and former pharmacy benefit manager executives identify cost-saving opportunities and eliminate ineffective practices.
Case Study:
7,000 life manufacturer. Moved from broker owned coalition to a pass through PBM. Negotiated top rebate schedule for a 26% savings on pharmacy spend.
GLOBAL BENEFITS
REQUEST BENENFITS OPPORTUNITY ASSESSMENT
Lockton will conduct an opportunity analysis to provide you a baseline assessment of your benefits program. The results will inform your team of what is possible for a future state and provide a multi-year prospectus.
deliverables include:
Key Findings
Financial assessment
Benchmarking against industry standards
Identification of other opportunity areas and considerataions
Compliance Review
Proposed plan for future state
COMPENSATION PRACTICE/STUDIES
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Lockton has proprietary analytic tools which helps your organization analyze data as the foundation of your building & construction risk discussions. From Job Safety analysis to public liability, our experienced risk control team has you covered.
DATA & ANALYTICS
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Lockton's internal clinician team helps self-funded clients reduce high-cost claims by engaging with ongoing claimants and finding centers of excellence. This approach has yielded $274M+ in verified cost savings, averaging 20% below market rates on renewals.
ENVIRONMENTAL RISK MANAGEMENT
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BUTTON LABEL
Our in-house pharmacy consulting team of pharmacists, specialty drug experts, analysts, and former pharmacy benefit manager executives identify cost-saving opportunities and eliminate ineffective practices.
Case Study:
7,000 life manufacturer. Moved from broker owned coalition to a pass through PBM. Negotiated top rebate schedule for a 26% savings on pharmacy spend.
AI & LEGAL CONTRACT REVIEW
Lockton's proprietary RCS technology system centralizes all your risk management related needs from Incident Tracking, Safety Observations & Training, to Complex Claim Reporting.
CLAIMS ADVOCACY
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Our in-house pharmacy consulting team of pharmacists, specialty drug experts, analysts, and former pharmacy benefit manager executives identify cost-saving opportunities and eliminate ineffective practices.
Case Study:
7,000 life manufacturer. Moved from broker owned coalition to a pass through PBM. Negotiated top rebate schedule for a 26% savings on pharmacy spend.
RISK & LOSS CONTROL SERVICES
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Lockton's Construction Practice operates as a dedicated unit team for all our manufacturing client building & construction risk needs. Allows for singular accountability & on-going management of insurance contract & policy.
ACCOUNTABLE
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Building & Construction Risk Services
Your people are important.
Here are a few key services to support your growth:
Environmental - Site Pollution & General Liability Placement | Analytics - Claim Consulting Services | Surety | M&A Due Diligence | Captive Program Consulting | Certificates and Auto ID Solutions | Compliance Reporting & Contract Review Services | Reps & Warranties
RISK FINANCE
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Lockton has a diversified and extensive property portfolio. Our specialists collaborate closely with you to accurately identify, develop, and implement the best property program for your business.
NATIONAL/GLOBAL PROPERTY & CASUALTY PRACTICE
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Lockton's proprietary RCS technology system centralizes all your risk management related needs from Incident Tracking, Safety Observations & Training, to Complex Claim Reporting.
EXECUTIVE RISK
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Our in-house pharmacy consulting team of pharmacists, specialty drug experts, analysts, and former pharmacy benefit manager executives identify cost-saving opportunities and eliminate ineffective practices.
Case Study:
7,000 life manufacturer. Moved from broker owned coalition to a pass through PBM. Negotiated top rebate schedule for a 26% savings on pharmacy spend.
COMMERCIAL INSURANCE DEPARTMENT
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Lockton experts consult with your organization to reduce the frequency and severity of loss so that you can maximize your profitability. We work closely to guide you through complex claim issues, using our strategic claims mitigation process to analyze and improve your loss control programs.
CLAIMS MANAGEMENT & LOSS CONTROL TOOLS
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Risk Solutions
Lockton is your strategic partner in risk management.
Here's how:
We work with you to safeguard your business, implement financial health, and drive growth.
Our workers' compensation and claim experts design customized insurance program that fit your needs. We analyze program effectiveness by covering administration, cost efficiency, placement, and market needs.
WORKERS' COMPENSATION
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Environmental - Site Pollution & General Liability Placement | Analytics - Claim Consulting Services | Surety | M&A Due Diligence | Captive Program Consulting | Certificates and Auto ID Solutions Compliance Reporting & Contract Review Services | Reps & Warranties
RISK FINANCE
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Even those manufacturers with the most robust controls in place can face significant cyberattacks, making advanced planning & preparation key. Lockton helps our manufacturing clients prepare and be ready to respond to cyber incidents. We specialize in helping organizations develop new or revise existing incident response (IR) plans and stress-testing those plans before a real attack occurs. Complimentary services: Delivery of a gap analysis of an existing IR plan.
INCIDENT READINESS & RESPONSE
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Lockton Associates work with our manufacturing clients to review their vendor risk management processes, including established inventories of high risk vendors that process sensitive data, intellectual property or other sensitive information
VENDOR & SUPPLY MANAGEMENT
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Request your own complimentary cyber policy review for gaps in coverages and protection limits.
CYBER & PRODUCT E&O POLICY
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Our global network allows us to leverage worldwide insurance markets for cyber risk, technology errors, and omissions coverage.
CYBERSECURITY CONTROL REVIEW & REPORTING
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Lockton helps manufacturers identify their data, critical processes and information assets, and the people who have access to it. After thorough analysis, we deliver customized reports to prioritize improvements and mitigation strategies, including controls to adopt & improve overall risk posture.
DATA & PRIVACY PROTECTION
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Cyber
Lockton protects you from cyber threats.
Here are a few key services that keep your business safe:
Cyber threats can disrupt operations and compromise your company's data. We specialize in cyber risk identification and management, protecting your business and offering expert solutions using our extensive network.
CONNECT WITH LOCKTON CYBER EXPERTS
Environmental - Site Pollution & General Liability Placement | Analytics - Claim Consulting Services | Surety | M&A Due Diligence | Captive Program Consulting | Certificates and Auto ID Solutions Compliance Reporting & Contract Review Services | Reps & Warranties
RISK FINANCE
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Even those manufacturers with the most robust controls in place can face significant cyberattacks, making advanced planning & preparation key. Lockton helps our manufacturing clients prepare and be ready to respond to cyber incidents. We specialize in helping organizations develop new or revise existing incident response (IR) plans and stress-testing those plans before a real attack occurs. Complimentary services: Delivery of a gap analysis of an existing IR plan.
TAX INSURANCE CONSULTING FROM THE INFLATION REDUCTION ACT
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Lockton Associates work with our manufacturing clients to review their vendor risk management processes, including established inventories of high risk vendors that process sensitive data, intellectual property or other sensitive information
INVESTMENT TAX CREDITS (ITCs) AND PRODUCTION TAX CREDITS (PTCs)
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CONNECT WITH LOCKTON CYBER EXPERTS
Request your own complimentary cyber policy review for gaps in coverages and protection limits.
ACCESS TO THE FULL MARKET, INCLUDING 25+ A-RATED INSURERS
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Our global network allows us to leverage worldwide insurance markets for cyber risk, technology errors, and omissions coverage.
ITC/PTC EXPANSION TO MANUFACTURERS
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Lockton’s Tax Insurance Practice incorporates former tax attorneys, tax underwriters, and corporate tax professionals who work with you. Our team walks you through the process of placing tax insurance and uses strategic brokerage to solve uncertain tax situations.
MARKET-LEADING LOCKTON TAX INSURANCE TEAM
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Tax Insurance & Tax Credits for Manufacturers
The expansion of the Inflation Reduction Act to fuel renewable energy projects has opened significant tax credits for eligible manufacturers over the next 10 years.
Our Tax Insurance team of lawyers and tax professionals can help guide your teams tax liability into a savings opportunity.
Trust us to maximize your fiscal benefits.
Here are a few key services that keep your business safe:
Environmental - Site Pollution & General Liability Placement | Analytics - Claim Consulting Services | Surety | M&A Due Diligence | Captive Program Consulting | Certificates and Auto ID Solutions Compliance Reporting & Contract Review Services | Reps & Warranties
RISK FINANCE
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Even those manufacturers with the most robust controls in place can face significant cyberattacks, making advanced planning & preparation key. Lockton helps our manufacturing clients prepare and be ready to respond to cyber incidents. We specialize in helping organizations develop new or revise existing incident response (IR) plans and stress-testing those plans before a real attack occurs. Complimentary services: Delivery of a gap analysis of an existing IR plan.
LITIGATION INSURANCE
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Lockton Associates work with our manufacturing clients to review their vendor risk management processes, including established inventories of high risk vendors that process sensitive data, intellectual property or other sensitive information
REPS & WARRANTIES
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CONNECT WITH LOCKTON CYBER EXPERTS
Request your own complimentary cyber policy review for gaps in coverages and protection limits.
DEDICATED TRANSACTION TEAM
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Our global network allows us to leverage worldwide insurance markets for cyber risk, technology errors, and omissions coverage.
TAX INSURANCE
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Our private equity and corporate acquisitions practice identifies unrecognized exposures for you. We offer financial and transaction analysis accompanied by insurance, benefits, and risk management reviews.
FULL DILIGENCE ON BENEFITS AND P&C
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Mergers and Acquisitions
Lockton provides thorough benefits diligence, revealing hidden risks and safeguarding your business. Lockton has conducted over 400 insurance diligence reports in the past year.
Choose us to handle your mergers and acquisitions.
Our expertise include:
At Lockton, we believe that the Manufacturing industry is the backbone of our American & Global Economy. As part of our ongoing commitment to the industry, we have built a team of experts who provide creative ideas and solutions for the manufacturing industry's business risk, and people challenges. Lockton is here to help you navigate the rapidly changing risk management landscape. From building & construction risk, employee attraction & retention strategies, growing cyber security threats, and overall operational insurance risk, we've got you covered.
Here’s how we serve you.
Lockton knows manufacturing.
PEOPLE SOLUTIONS
BUILDING & CONSTRUCTION RISK
RISK SOLUTIONS
CYBER
TAX INSURANCE
MERGERS & ACQUISITIONS
LOCKTON MANUFACTURING TEAM
PEOPLE SOLUTIONS
BUILDING & CONSTRUCTION RISK
RISK SOLUTIONS
CYBER
TAX INSURANCE
MERGERS & ACQUISITIONS
LOCKTON MANUFACTURING TEAM
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Book a Meeting
Turn your risk management into a competitive edge
Learn why the world’s largest and most innovative companies safeguard their risk with Lockton's technology insurance solutions.
Lockton’s Manufacturing Team
We mitigate risk to make your business safer and stronger.
Combining specialized areas of expertise, our Manufacturing Team offers effective risk management solutions to keep your business sustainable.
Request a complimentary risk & benefits analysis by filling the form below, and we'll be in touch.
Chris DiCarlo
Vice President People & Risk Solutions
cdicarlo@lockton.com | 678.361.8776
Meet the Lockton team supporting the manufacturing industry. We've got you covered!
Book a Meeting
Turn your risk management into a competitive edge
REQUEST BENCHMARKING DATA FOR MANUFACTURING
MEET THE TEAM
VIEW OUR CONSTRUCTION TEAM
PEOPLE SOLUTIONS
BUILDING & CONSTRUCTION RISK
RISK SOLUTIONS
CYBER
TAX INSURANCE
MERGERS & ACQUISITIONS
LOCKTON'S MAUFACTURING TEAM
PEOPLE SOLUTIONS
BUILDING & CONSTRUCTION RISK SERVICES
RISK SOLUTIONS
CYBER
TAX INSURANCE & TAX CREDITS FOR MANUFACTURERS
MERGERS AND ACQUISITIONS
