Corgi vs 
Lockton: How Do They Compare for Crime Insurance?
Corgi's standalone crime policy for startups comes with proof of coverage it says it can issue the same day; Lockton places crime and fidelity as a brokered program for nonprofit, private and public organizations of any sector.
Corgi fits fintechs wanting online Crime & Fidelity and a same-day binder; Lockton serves private, public and nonprofit organizations and offers claims support through its Professional & Executive Risk team. 1,3
What Are the Key Differences Between Corgi and Lockton Crime Insurance?
Lockton distinguishes financial-institution bonds from general crime coverage and names a Professional & Executive Risk Claims team; Corgi sells a same-day online Crime & Fidelity policy for startups moving customer funds. Choose Lockton if your financial institution needs a bond or you want a broker claims team; choose Corgi if you are a fintech, payroll firm or marketplace needing standalone startup cover. 3 1
Same-Day Startup Policy Versus Brokered Program
Corgi sells Crime & Fidelity as a standalone startup policy and says it can issue a binder the same day from an online application. Lockton places Crime and Fidelity as a brokered program protecting against theft, fraud, forgery and embezzlement; Lockton does not underwrite. 1 3
Fintech Form Versus FI Bond Distinction
Corgi aims the policy at fintechs, payroll companies and marketplaces and writes it on a discovery basis with an illustrative $1 million limit. Lockton says crime is relevant to nonprofit, private and public organizations of any sector, flags small businesses that lack audit resources, and notes financial institutions are frequently required to carry a financial institution bond distinct from general crime. 1 3
Claim Types and Paper
Lockton lists employee theft, forgery, theft on or off premises, computer fraud, counterfeit currency and social-engineering impersonation. Corgi bundles employee dishonesty, social engineering, computer fraud, funds-transfer fraud and forgery, with a common $250,000 social-engineering sublimit. Corgi’s disclaimers name possible underwriters; Lockton’s page does not name placing insurers. 3 1 2
What Should You Confirm in Corgi and Lockton Crime Insurance Quotes?
- Ask Lockton whether you need a financial institution bond rather than general crime; Corgi’s product is Crime & Fidelity for startups, not that bond. 3 1
- Get Lockton’s placing insurer and limit; compare with Corgi’s $1 million illustration. 3 1
- Confirm discovery wording on Corgi against Lockton’s placed form. 1 3
- Ask how Lockton’s claims team would handle a social-engineering loss versus Corgi’s documented out-of-band control condition. 3 1
Corgi vs Lockton Crime Insurance Compared
Corgi vs Lockton: Crime Insurance: documented features by provider
| Criteria | Corgi Crime & Fidelity | Lockton Crime and Fidelity Insurance Brokerage |
|---|---|---|
| Who It’s For | Corgi positions Crime & Fidelity primarily for fintechs, payroll companies and marketplaces that move customer funds, noting it is frequently required by sponsor banks and Banking-as-a-Service (BaaS) partners before a fintech can go live. 1Company-reported. Industry-applicability section of the product page; other startups can also buy the policy, and eligibility for any given business depends on underwriting. | 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. 3Company-reported. Crime and Fidelity product page as read 2026-09-23. |
| Coverage Features | The standard policy bundles four insuring agreements: employee dishonesty, social engineering fraud (business email compromise), computer fraud, and funds transfer fraud, plus forgery and alteration of checks or drafts. 1Company-reported. Coverage summary for form CORG-CRM-0100; the illustrated scenarios are examples, not a guarantee of coverage for a specific claim, and the issued policy controls. Social engineering fraud (business email compromise) is commonly sublimited to $250,000 against the $1 million policy aggregate, and Corgi conditions the sublimit on out-of-band verification controls for changes to vendor wire instructions. 1Company-reported. Product-page scenario notes and FAQ; the exact sublimit and required controls are underwriting-dependent and confirmed on the declarations page. Corgi's Crime & Fidelity policy is written on a discovery basis, meaning coverage attaches when a loss is discovered during the policy period regardless of when the underlying dishonest act occurred, and it offers an optional discovery period of up to one year after termination to report a loss. 1Company-reported. Product-page glossary and FAQ description of form CORG-CRM-0100. | 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. 3Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy. |
| Role in This Line | Corgi sells Crime & Fidelity as a standalone startup policy, describing it as first-party coverage that pays the company back when money (not data) is stolen through employee theft, social engineering, computer fraud, forgery or funds-transfer fraud. 1Company-reported. Product page for form CORG-CRM-0100, last reviewed by Corgi on April 24, 2026 per the page itself. | 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. 3Company-reported. Crime and Fidelity product page as read 2026-09-23. |
