Iran conflict
Managing risk, protecting people and operations, and navigating claims
The military strikes on Iran and the subsequent regional escalation have significantly increased geopolitical risk across the Middle East and North Africa (MENA) region. In particular, the events have highlighted the vulnerability of key maritime hubs and energy infrastructure. Periods of heightened tension in this region have historically led to disruptions in commercial shipping, threats to offshore and onshore energy assets, and greater uncertainty about international trade flows.
For insurers, such events often translate into an increased perception of risk across marine war risk, energy, aviation, and political risk lines. This has often resulted in tighter underwriting conditions, revised risk pricing, and closer monitoring of exposure to regional supply chains and critical infrastructure. As the current situation evolves, organisations can take steps to contain their risk, protect their people and operations, and manage insurance claims in ways that support their stability and resilience.
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Disclaimer
The steps, considerations, and recommendations outlined in this guidance are provided for general information purposes only and reflect Lockton’s observations and professional views based on current market conditions. They are not guaranteed to be effective in preventing, mitigating, or managing risks, nor are they intended to replace an organisation’s own risk management frameworks, crisis‑management processes, internal controls, contingency planning, or independent professional advice tailored to its specific circumstances.
These recommendations and this guidance do not represent, imply, or create any requirement or assurance that insurers will accept coverage, honor claims, or provide any particular claim outcome. Insurance policy responses depend on the specific facts of each event, the terms and conditions of the relevant policy, and insurers’ independent assessment and decision making. Nothing in this guidance should be interpreted as guaranteeing coverage, confirming policy responses, or ensuring that any claim will be paid.