Chubb vs 
Lockton: How Do They Compare for Workers’ Compensation Insurance?
Lockton is the broker, not the insurer, with access to more than 100 workers' comp markets and dedicated programs including maritime, trucking and self-insurance consulting; Chubb underwrites workers' comp for small businesses.
Chubb offers direct small-business workers’ comp up to $30 million in revenue; Lockton reaches more than 100 markets and offers specialty programs. 1,2,3
What Are the Key Differences Between Chubb and Lockton 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. 1
Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. 3Company-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. 3
Choose Chubb if you fit its stated small-business range; choose Lockton if you need maritime, trucking, Texas non-subscription or self-insurance programs. 3
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. 1
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. 3
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. 1
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. 3
What Should You Confirm in Chubb and Lockton Workers’ Compensation Insurance Quotes?
- Ask Lockton which of its 100+ markets it would actually approach for the business's industry and size. 3
- Ask Chubb for the specific employer liability limit, since its page describes the option without a dollar figure. 1
- 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. 3
- Confirm the business's revenue and class fall inside Chubb's published eligibility range before applying directly. 1
- Ask Lockton whether its safety services and OSHA consulting are included in the placement fee or billed separately. 3
Chubb vs Lockton Workers’ Compensation Insurance Compared
Chubb vs Lockton: Workers’ Compensation Insurance: documented features by provider
| Criteria | Chubb Small Business Workers' Compensation Insurance | Lockton Workers' Compensation Insurance Brokerage |
|---|---|---|
| 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. 1Company-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. 3Company-reported. Workers' Compensation product page as read 2026-09-23. A capability list, not a specimen policy. |
| 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. 1Company-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. 3Company-reported. Workers' Compensation product page as read 2026-09-23. |
| 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. 1Company-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. 3Company-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. 3Company-reported. Workers' Compensation product page as read 2026-09-23. |
