CFC vs 
Lockton: How Do They Compare for Crime Insurance?
Lockton places crime and fidelity programs, brokered rather than underwritten by Lockton, for nonprofit, private and public organizations of any sector; CFC includes crime in its US management liability package, not as a standalone product within it.
CFC excludes California-domiciled and U.S. public companies from its package; Lockton places crime for nonprofit, private and public organizations and assigns claims to its Professional & Executive Risk team. 1,2,6
What Are the Key Differences Between CFC and Lockton Crime Insurance?
Business Eligibility and Claims Handling
CFC includes crime in US Management Liability but declines California-domiciled and U.S. public companies. Lockton serves nonprofit, private and public organizations and assigns crime and fidelity claims to its Professional & Executive Risk Claims team; CFC says a dedicated adjuster manages claims from notice through resolution. Choose Lockton if you need crime arranged for a public company or nonprofit; choose CFC if you meet its eligibility and want its package and dedicated adjuster. 1 5 6
Financial Institutions and Other Buyers
Lockton says crime coverage is relevant to nonprofit, private and public organizations of any sector, calls out small businesses as particularly exposed, and notes that financial institutions are frequently required to carry a financial institution bond, distinct from general crime coverage. CFC’s brochure lists California-domiciled business and US publicly traded companies among declined risks for the package that carries this crime coverage. 6 1
Claim Types Versus Brochure Agreements
Lockton lists employee theft, forgery or alteration of negotiable instruments, theft on or off premises, computer fraud, counterfeit currency, and social-engineering impersonation fraud involving customers, vendors or employees. CFC’s brochure lists employee theft, funds-transfer fraud, credit-card and currency fraud, client crime, and on- or off-premises theft. 6 1
Claims Handling
Lockton says its Professional & Executive Risk Claims team, which integrates insurance and claims counsel within the broking team rather than treating claims advocacy as a separate profit center, handles crime and fidelity claims. CFC provides a US claim-notification route by phone, email and online form and says a dedicated claims adjuster manages a claim from notification through resolution. Lockton’s page does not name the insurers it places with; CFC’s regulatory page also does not name the issuer for a given US crime policy. 6 5 4
What Should You Confirm in CFC and Lockton Crime Insurance Quotes?
CFC vs Lockton Crime Insurance Compared
CFC vs Lockton: Crime Insurance: documented features by provider
| Criteria | CFC Crime | Lockton Crime and Fidelity Insurance Brokerage |
|---|---|---|
| Who It’s For | CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this crime coverage. 1Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business. | Lockton says crime coverage is relevant to nonprofit, private and public organizations of any sector, and calls out small businesses as particularly exposed because they often lack fraud-prevention and auditing resources. It also notes financial institutions are frequently required to carry a financial institution bond, distinct from general crime coverage. 6Company-reported. Crime and Fidelity product page as read 2026-09-23. |
| Coverage Features | CFC's brochure describes company crime cover including employee theft, funds transfer fraud, and credit card and currency fraud. 1Company-reported. Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits. The brochure also lists client crime, meaning fraud by clients or their staff, and on-premises and off-premises theft, as part of the crime section. 1Company-reported. Brochure's 'Crime cover' description. CFC separately sells crime coverage for employee infidelity and third-party fraud within its fintech package. The reviewed pages do not state whether that fintech crime coverage is the same crime coverage sold inside the management-liability package. 3,1Company-reported. Fintech product page compared against the management-liability brochure; both accessed 2026-09-23. This does not establish overlap or difference in wording between the two products. | Lockton lists the claim types a crime and fidelity program is meant to address: employee theft, forgery or alteration of negotiable instruments, theft on or off premises, computer fraud, counterfeit currency, and social engineering (impersonation) fraud involving customers, vendors or employees. 6Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy. |
| Role in This Line | CFC includes crime coverage inside its US Management Liability package. The reviewed management-liability materials do not offer it as a standalone product within that package. 1,2Company-reported. Management-liability product page and brochure; package composition as CFC describes it. | Lockton places Crime and Fidelity insurance to protect businesses against financial losses from theft, fraud, forgery and embezzlement by employees or third parties; it describes this as a brokered program, not a policy Lockton underwrites. 6Company-reported. Crime and Fidelity product page as read 2026-09-23. |
| Claims Support | CFC provides a US claim-notification route by phone, email and online form, and says a dedicated claims adjuster manages a claim from notification through resolution. 5Company-reported. Claims page as read on 2026-09-23; not specific to crime claim outcomes or timing. | Lockton says its Professional & Executive Risk Claims team, which integrates insurance and claims counsel within the broking team rather than treating claims advocacy as a separate profit center, handles Crime and Fidelity claims. 6Company-reported. Product page as read 2026-09-23. Describes Lockton's advocacy role, not an insurer's claim-paying obligation. |
