Beazley vs 
Lockton: How Do They Compare for Cyber Insurance?
Lockton is a broker for tech sectors that quantifies exposure first; Beazley sells Full Spectrum Cyber itself, with an in-house security unit and a coordinated breach response.
Lockton brokers cyber after quantifying exposure and recommending security improvements under its Inform, Improve, Insure process. Beazley sells Full Spectrum Cyber as a bindable product for accounts under $35 million in revenue. 5,1
What Are the Key Differences Between Beazley and Lockton Cyber Insurance?
Risk Work Before a Policy Versus a Product You Can Bind
Lockton brokers cyber and pairs placement with its own advice: quantify financial exposure, recommend security improvements, then insure. Beazley sells Full Spectrum Cyber as a product brokers bind on myBeazley for accounts under $35 million in revenue and limits up to $5 million. Choose Lockton if you want that pre-bind review from a technology-practice broker; choose Beazley if you want a named small-business form without waiting on a three-step advisory process. 5 1
Industry Practice Versus a Revenue Number
Lockton's technology practice lists electronic hardware, information technology, internet, medical equipment, semiconductors, software and telecommunications, and highlights cyber liability among the coverages it places for those clients. Beazley applies a revenue cap rather than that industry roster. 6 1
How You Reach Each Team
Lockton's Cyber and Technology page lists a named US leader and a team email rather than a self-serve quote tool. Beazley brokers quote through myBeazley; there is no direct-to-business portal for Full Spectrum Cyber. 5 1
What Should You Confirm in Beazley and Lockton Cyber Insurance Quotes?
- Ask Lockton which insurer would issue the policy; the reviewed pages do not name one. 5
- Ask Beazley for the issuing entity and whether cyber shares a MediaTech aggregate. 1 3
- Compare Lockton's incident-response exercises and hygiene-policy design with Beazley's discounted vendor tools so you know what is advisory versus what is in the policy. 5 1
Beazley vs Lockton Cyber Insurance Compared
Beazley vs Lockton: Cyber Insurance: documented features by provider
| Criteria | Beazley Full Spectrum Cyber for Small Businesses | Lockton Cyber & Technology Insurance Brokerage |
|---|---|---|
| Who It’s For | Beazley says Full Spectrum Cyber is available to accounts with under $35 million in annual revenue, with coverage limits up to $5 million, purchased by a broker through Beazley's myBeazley platform. 1Company-reported. Full Spectrum Cyber product page eligibility paragraph; eligibility for a particular business still depends on underwriting. | Lockton's technology practice says it works with clients in electronic hardware, information technology, internet, medical equipment, semiconductors, software and telecommunications, and highlights cyber liability as a core exposure for those industries. 6Company-reported. Technology industry page as read 2026-09-23. No minimum company size or revenue threshold was published. |
| How to Apply | Beazley says brokers can get a quote and bind Full Spectrum Cyber through its myBeazley platform for qualifying small accounts. The MediaTech application separately asks about ransomware controls such as multi-factor authentication, VPN use, patch timing and backup frequency, which affect underwriting. 1,4Company-reported. Full Spectrum Cyber product page myBeazley paragraph and MediaTech application Ransomware Controls section; a completed application does not establish acceptance, and myBeazley is a broker tool, not a direct-to-business portal. | The Cyber & Technology page lists a named contact (its EVP, U.S. Cyber & Technology Leader) and the email cyber@lockton.com as the way to reach the team, rather than a self-serve online quote tool. 5Company-reported. Cyber & Technology page as read 2026-09-23. |
| Role in This Line | For small businesses, Beazley sells cyber coverage two ways: as Full Spectrum Cyber, built around its Beazley Breach Response product plus integrated risk-management services from its in-house Beazley Security unit, and as the cyber component bundled inside the broader MediaTech form alongside tech E&O, professional E&O and media liability. 1,2Company-reported. US small-business product pages for Full Spectrum Cyber and MediaTech; does not address any larger-account cyber program Beazley may write separately. | Lockton brokers cyber insurance and pairs placement with its own risk-management advice under a three-step Inform, Improve, Insure approach: quantifying cyber financial exposure, recommending security improvements, then negotiating coverage terms with insurers. 5Company-reported. Cyber & Technology product page as read 2026-09-23. |
| Risk Services | Full Spectrum Cyber policyholders get discounted access to vendor services, including anti-phishing tools and training, email security services, cyber risk analysis and other pre-breach prevention services, through Beazley's partnership with its in-house Beazley Security unit. 1Company-reported. Full Spectrum Cyber product page Vendor Services section; discount terms and vendor identities are not disclosed on the page. | Lockton describes services beyond placement: reviewing a client's cybersecurity posture, running incident-response exercises, and helping design security governance frameworks and cyber-hygiene policies, delivered by a team it says has over 100 Associates specializing in cyber risk. 5Company-reported. Cyber & Technology product page as read 2026-09-23. |
