Alliance Risk vs Lockton: How Do They Compare for Workers’ Compensation Insurance?

What Are the Key Differences Between Alliance Risk and Lockton Workers’ Compensation Insurance?

Pricing Transparency and Market Access

Alliance Risk and Lockton are both brokers that place workers' comp with outside carriers rather than underwriting it. ^1 2 They differ in what they publish about cost and reach. Alliance Risk's page states indicative rate ranges per $100 of payroll and typical annual minimum premiums:

Alliance Risk publishes indicative rate ranges per $100 of payroll (for example $0.25–$1.50 for low-risk office roles up to $7.00–$25.00+ for high-risk construction work) and typical minimum premiums of $250–$1,000 per year, but statutory benefit amounts are set by state law rather than published on the page. ¹Company-reported. Workers' Compensation Insurance page, cost section; illustrative ranges, not a specific quote.

Lockton's page publishes no comparable figures, instead saying clients can access more than 100 regional, global and program workers' comp markets, with benchmarking through its InfoLock service. ²

Choose Alliance if published cost examples help you budget; choose Lockton if you need maritime, trucking or Texas non-subscription coverage. ²

Specialty Program Design

Lockton lists named specialty capabilities for this line: captive consulting and formation, Texas non-subscription consulting, Jones Act, Outer Continental Shelf and USL&H programs for maritime and offshore exposures, trucking occupational-accident programs, and qualified self-insurance design and administration. ² Alliance Risk's page describes a narrower structuring choice between loss-sensitive and guaranteed-cost programs, without naming maritime, trucking or self-insurance-specific offerings. ¹

Claims and Payroll Audits

Both brokers describe hands-on claims work, but from different angles. Alliance Risk says it audits payroll for misclassification and incorrect experience modifiers and manages claims from first report through closure, with a separate return-to-work program. ¹ Lockton describes claims service advocates working to ensure coverage and reduce retained loss costs, alongside OSHA consulting and loss forecasting, without describing a payroll-classification audit. ²

What Should You Confirm in Alliance Risk and Lockton Workers’ Compensation Insurance Quotes?

• Ask Lockton which of its named specialty programs (captive, self-insurance, maritime, trucking) actually apply to your operations, since the page lists them broadly. ²
• Ask Alliance Risk whether its published rate ranges and minimum premiums reflect your state and class codes, since the page calls them illustrative. ¹
• Get the issuing carrier from both; neither page names the insurers behind a specific placement. ^1 2
• Ask each broker to detail its experience-modifier or claims-mitigation process in writing, since both describe it only in general terms.