Coalition vs 
Lockton Crime Insurance
Coalition distributes Executive Risks crime on Zurich or surplus paper; Lockton brokers crime and fidelity with an in-house Professional & Executive Risk claims team.
What Is Coalition Insurance?
Coalition offers cyber insurance and technology E&O alongside cyber risk-management services. Its U.S. products are distributed through insurance producers, with separate admitted and surplus-lines routes and an executive-risk product suite. 1,2,3,4
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. 6,7,8
What Is Crime Insurance?
Crime insurance addresses business losses from specified theft and fraud risks, such as robbery, forgery and embezzlement. 10
Key Differences in Crime Insurance
Product Distributor Versus Crime-and-Fidelity Broker
Coalition designs and distributes crime in Executive Risks through appointed brokers. Lockton places Crime and Fidelity to protect against theft, fraud, forgery and embezzlement by employees or third parties and describes that as a brokered program, not a policy Lockton underwrites. 4 9
Claims Advocacy Lockton Names; Coalition Does Not on This Line
Lockton says its Professional & Executive Risk Claims team, which integrates insurance and claims counsel inside the broking team, handles Crime and Fidelity claims. Coalition’s reviewed Executive Risks pages describe product scope, eligibility and limits and do not describe a crime-specific claims advocacy team. 9 4
Financial-Institution Bond Versus Private and Not-for-Profit Caps
Lockton says crime coverage is relevant to nonprofit, private and public organizations in any sector, flags small businesses that lack fraud-prevention resources, and notes financial institutions are often required to carry a financial institution bond distinct from general crime. Coalition’s FAQ limits Executive Risks crime to private and not-for-profit U.S. organizations with stated asset and employee ceilings, and it publishes a possible $10 million per-line limit. Lockton’s page does not name placing insurers. 9 4
Claim Types Versus a Shorter Product Sentence
Lockton lists employee theft, forgery or alteration, theft on or off premises, computer fraud, counterfeit currency, and social-engineering impersonation involving customers, vendors or employees. Coalition describes theft, fraud and certain cybercrimes, subject to exclusions, and names Zurich American as admitted Executive Risks paper. 9 4 5
What to Confirm in Crime Insurance Quotes
- Ask Lockton whether you need a financial institution bond rather than general crime; Coalition’s Executive Risks FAQ does not address that bond. 9 4
- Get Lockton’s placing insurer; Coalition’s disclaimer already names Zurich American for admitted Executive Risks. 9 5
- Compare premises theft and counterfeit-currency agreements on Lockton’s list with Coalition’s issued form. 9 4
- Ask how Lockton’s claims team would advocate a crime loss versus Coalition’s appointed-broker channel. 9 4
Offering Details
Coalition vs Lockton Crime Insurance: documented features by provider
| Criteria | Coalition Executive Risks — Crime Insurance | Lockton Crime and Fidelity Insurance Brokerage |
|---|---|---|
| Role in This Line | Coalition designs and distributes crime insurance as one of four coverages in its Executive Risks product suite, sold through appointed brokers. 4Company-reported. Executive Risks product page as read on 2026-09-23. | 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. 9Company-reported. Crime and Fidelity product page as read 2026-09-23. |
| Issuing Insurer | Coalition's disclaimer names Zurich American Insurance Company (NAIC 16535) as the admitted carrier for Executive Risks, and says Coalition Insurance Solutions, Inc. also places Executive Risks with unaffiliated insurers on a non-admitted basis, so the carrier for a specific crime policy depends on the placement route. 5Company-reported. U.S. Disclaimers page as read on 2026-09-23. | The page does not name the insurers Lockton places crime and fidelity coverage with. 9Not publicly disclosed. Crime and Fidelity page checked 2026-09-23. |
| Who It’s For | Coalition says Executive Risks products, including crime, are available to private and not-for-profit U.S. organizations in all 50 states and Washington, D.C., with up to $500 million in assets, up to 1,000 employees, and up to $500 million in plan assets. 4Company-reported. Executive Risks FAQ as read on 2026-09-23. | 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. 9Company-reported. Crime and Fidelity product page as read 2026-09-23. |
| Coverage Features | Coalition says its crime coverage responds to losses from criminal activities including theft, fraud, and certain cybercrimes, flagged on the page as subject to exclusions and limitations. 4Company-reported. Executive Risks product page as read on 2026-09-23; the issued policy controls which cybercrime scenarios are actually covered. | 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. 9Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy. |
| Limits and Retentions | Coalition says limits up to $10 million per coverage line may be available for Executive Risks products, including crime, subject to exclusions and limitations. 4Company-reported. Executive Risks FAQ as read on 2026-09-23; not a quoted or bindable limit for any specific applicant. | Not described in the reviewed sources. |
| How to Apply | Coalition distributes Executive Risks, including crime, only through appointed insurance brokers rather than direct to buyers. 4Company-reported. Executive Risks product page as read on 2026-09-23. | Not described in the reviewed sources. |
| Claims Support | Not described in the reviewed sources. | 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. 9Company-reported. Product page as read 2026-09-23. Describes Lockton's advocacy role, not an insurer's claim-paying obligation. |
Full Comparison
More Coalition vs Lockton Comparisons
Other Crime Insurance Comparisons
Sources
Coalition
- Tech E&O Insurance Coverage. Coalition; Who needs Technology Errors & Omissions coverage? (organizations that provide a technology product or service for a fee); Combine Technology Errors & Omissions coverage with Active Cyber Insurance; Coalition Advantage. Accessed 2026-09-16.
- U.S. Producer Compensation. Coalition; Insurance Producers; Base Commission; Contingent Commission; Business Production Incentive Programs; Non-Insurance Products. Accessed 2026-09-16.
- Are there any differences between Coalition’s admitted and surplus lines products? Coalition; Cyber insurance coverage offered by Coalition: Coverage availability; Coverage offering. Accessed 2026-09-16.
- Executive Risks. Coalition; Product Offering: Crime — covers losses that result from various criminal activities, including theft, fraud, and certain cybercrimes* (exclusions and limitations apply; see disclaimers and the policy as issued); FAQ: What type of businesses do you protect?, What limits do you offer?, What resources do you have for policyholders? Accessed 2026-09-23.
- U.S. Disclaimers. Coalition; Admitted Executive Risk: insurance products offered by Coalition Insurance Solutions, Inc. acting on behalf of unaffiliated insurance companies and, on an admitted basis, on behalf of Zurich American Insurance Company (NAIC # 16535). 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.
- Crime and Fidelity Insurance. Lockton; What is Crime and Fidelity Insurance?; Who needs to purchase Crime and Fidelity Insurance?; Types of Crime and Fidelity claims; Claims management. Accessed 2026-09-23.
Crime Insurance Guide
- Commercial Insurance Guide. California Department of Insurance; Crime. Accessed 2026-09-16.
