Chubb vs 
Lockton Workers’ Compensation Insurance
Chubb underwrites a small-business workers' comp product directly; Lockton is a broker offering specialty capabilities like captive consulting and Jones Act placements across 100+ markets.
What Is Chubb?
Chubb is the marketing name for a global insurance group whose U.S. companies underwrite commercial property, casualty, cyber and financial-lines coverage, including technology-focused DigiTech ERM and small-business packages. Founders and finance teams typically work through an appointed agent, then receive a policy issued by a named Chubb-group insurer rather than by the Swiss holding company. 1,2,3
What Is Lockton?
Lockton is a privately held insurance brokerage that arranges commercial risk, employee benefits and retirement programs. US pages describe a technology practice and intermediary placement with insurers, not Lockton as the policy’s insurer. 5,6,7
What Is Workers’ Compensation Insurance?
Workers’ compensation insurance addresses medical care, rehabilitation and lost wages for employees’ work-related injuries or illnesses. Not every worker, contractor or owner is automatically covered, and not every injury qualifies — check who's included and what's compensable under your state's rules. 9,10,11
Key Differences in Workers’ Compensation Insurance
Scale of Market Access
Chubb underwrites workers' compensation directly, for businesses from one employee up to $30 million in revenue across a wide range of classes. 4
Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. 8Company-reported. Workers' Compensation product page as read 2026-09-23.
That breadth of market access is a broker capability rather than an underwriting product; Lockton's team includes actuaries, claims advisors and safety specialists working alongside whichever insurer ultimately issues the policy. 8
Specialty Programs Chubb's Page Does Not List
Chubb's coverage highlights describe a small-business policy with a waiver of subrogation option and occasional international travel coverage through a foreign package policy. 4
Lockton lists specialty capabilities that go beyond a standard small-business policy: alternative risk expertise including captive consulting and formation, Texas non-subscription consulting, and Jones Act, Outer Continental Shelf and USL&H programs for maritime and offshore exposures. 8
Services That Sit on Either Side of a Claim
Chubb's documented service is post-injury claims handling: internal nurse case managers, a return-to-work program, and adjuster contact within 24 hours of a lost-time claim assignment. 4
Lockton documents loss-prevention and benchmarking services instead, including a full suite of safety services, OSHA consulting, and InfoLock benchmarking, alongside claims service advocates who work the claim once it exists. 8
What to Confirm in Workers’ Compensation Insurance Quotes
- Ask Lockton which of its 100+ markets it would actually approach for the business's industry and size. 8
- Ask Chubb for the specific employer liability limit, since its page describes the option without a dollar figure. 4
- Confirm whether the business's needs call for one of Lockton's specialty programs, such as captive formation or Jones Act coverage, or a standard policy. 8
- Confirm the business's revenue and class fall inside Chubb's published eligibility range before applying directly. 4
- Ask Lockton whether its safety services and OSHA consulting are included in the placement fee or billed separately. 8
Offering Details
Chubb vs Lockton Workers’ Compensation Insurance: documented features by provider
| Criteria | Chubb Small Business Workers' Compensation Insurance | Lockton Workers' Compensation Insurance Brokerage |
|---|---|---|
| Role in This Line | Chubb underwrites workers' compensation insurance directly for small businesses, crafted to pair with a Chubb BOP for combined policy and claims service. 4Company-reported. Workers' Compensation for Small Business product page. | Lockton's workers' compensation team designs programs and analyzes their effectiveness through what it calls a strategic claims mitigation process; the team includes actuaries, claims advisors and safety specialists working alongside brokers. Lockton is the broker, not the insurer of record. 8Company-reported. Workers' Compensation product page as read 2026-09-23. |
| Issuing Insurer | Not described in the reviewed sources. | The page does not name the workers' compensation insurers or programs Lockton places coverage with for a given client, beyond describing access to '100+ markets' in general terms. 8Not publicly disclosed. Workers' Compensation page checked 2026-09-23. |
| Who It’s For | Chubb says this policy covers small businesses with as little as one employee up to $30 million in revenue, across a wide range of classes including technology. 4,1Company-reported. Coverage-highlights list on the small-business workers' compensation page. | Not described in the reviewed sources. |
| Coverage Features | Chubb lists coverage for medical expenses and lost wages, a waiver of subrogation option, various employer liability limits, and occasional international travel coverage available through a foreign package policy. 4Company-reported. Coverage-highlights list; specific options depend on the issued policy. | Lockton lists specialty workers' compensation capabilities: alternative risk expertise including captive consulting and formation, Texas non-subscription consulting, Jones Act/Outer Continental Shelf/USL&H programs for maritime and offshore exposures, trucking solutions including occupational accident programs, and qualified self-insurance consulting, implementation, administration, design and placement. 8Company-reported. Workers' Compensation product page as read 2026-09-23. A capability list, not a specimen policy. |
| Limits and Retentions | The reviewed page does not publish specific dollar limits for medical expense or employer liability coverage, describing employer liability limits only as "various." 4Not found in reviewed sources. Workers' Compensation for Small Business page as read on 2026-09-23. | Not described in the reviewed sources. |
| Risk Services | Chubb describes internal nurse case managers, a return-to-work program, pharmacy benefit management, preferred-provider network access, and a Special Investigative Unit for suspected fraud as part of its workers' compensation claims service. 4Company-reported. Exceptional Service section of the small-business workers' compensation page; company-described service program. | Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. 8Company-reported. Workers' Compensation product page as read 2026-09-23. Lockton says it offers a full suite of safety services designed to reduce loss costs, OSHA consulting, loss forecasting and probability analysis, and claims service advocates to help ensure coverage and reduce retained loss costs. 8Company-reported. Workers' Compensation product page as read 2026-09-23. |
| How to Apply | You can request a quote online, or an appointed independent agent or broker can apply for a Chubb Appointment to place the policy. 4Company-reported. Small-business workers' compensation page quote call-to-action for business owners and for agents and brokers. | Not described in the reviewed sources. |
| Claims Support | Chubb says it commits to adjuster contact within 24 hours of receiving a lost-time claim assignment, offers simple online claims reporting, and re-prices every medical bill according to each state's fee schedule. 4Company-reported. Exceptional Service section; company-reported service commitments, not an independently verified outcome. | Not described in the reviewed sources. |
Full Comparison
More Chubb vs Lockton Comparisons
Other Workers’ Compensation Insurance Comparisons
Sources
Chubb
- Insurance for Technology Companies. Chubb; Products and services list naming workers' compensation among Chubb's technology-industry offerings. Accessed 2026-09-23.
- Terms Of Use. Chubb; Acceptance of Terms identifying Chubb Group Holdings Inc.; surplus-lines producer restriction; products not available to all users or jurisdictions; Chubb Limited safe-harbor language; Internet Portals for Chubb Business. Accessed 2026-09-16.
- Cyber Insurance Coverage & Products. Chubb; Cyber insurance product catalog: Cyber ERM, DigiTech ERM (technology E&O, media and cyber) and Pro ERM (non-licensed professional services); Marketplace quoting for eligible risks under $100 million revenue; first- and third-party coverage summaries. Accessed 2026-09-16.
- Workers' Compensation Insurance for Small Business. Chubb; Small Business Workers' Compensation Coverage Highlights; Exceptional Service; Total Account Solution. Accessed 2026-09-23.
Lockton
- Lockton United States. Lockton; Opening description of independent insurance brokerage for risk, benefits and retirement; Ask an Expert link to contact-us. Accessed 2026-09-16.
- Technology. Lockton; Industry introduction; cyber liability heading; dedicated technology team; listed services including claims advocacy, contract review, directors and officers liability, and international program design; 24/7 service model. Accessed 2026-09-16.
- US Terms of Business. Lockton; Opening entity definition; Surplus Lines; Use of a Particular Insurer; Compensation Disclosure; servicing, claims handling and renewal language in Confidentiality section; Intermediaries. Accessed 2026-09-16.
- Workers' Compensation. Lockton; Empower your workforce to achieve your company goals; Access to a multitude of experts; list of workers' compensation expert services (100+ markets, InfoLock benchmarking, alternative risk/captive consulting, Texas non-subscription, Jones Act/OCS/USL&H, trucking occupational accident programs, self-insurance consulting, safety services, OSHA consulting, claims service advocates). Accessed 2026-09-23.
Workers’ Compensation Insurance Guide
- Workers’ Compensation Insurance. National Association of Insurance Commissioners; Opening definition; mandatory coverage except Texas opt-in; exclusive remedy; monopolistic state funds; self-insurance note. Accessed 2026-09-16.
- Small Business Insurance. National Association of Insurance Commissioners; Typically covers medical expenses, rehabilitation costs and lost wages; check with your state insurance department; ask these questions / who qualifies as a covered employee (contractors, part-time staff, interns); payroll and type-of-work rating factors. Accessed 2026-09-16.
- DWC employer information. California Department of Industrial Relations, Division of Workers’ Compensation; Opening trade-off and California requirement; basic benefits including medical care, temporary and permanent disability, supplemental job displacement, return-to-work supplement and death benefits; out-of-state employer note. Accessed 2026-09-16.
