Coverdash vs Lockton Crime Insurance

Coverdash arranges commercial crime coverage as a broker rather than an insurer, placing coverage with a carrier under its standard brokerage terms. ^3,4Company-reported. General brokerage terms applied to the crime page; not specific to any one carrier or state.

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.

The commercial crime page does not name the insurer that issues the policy. ⁴Not publicly disclosed. Reviewed commercial crime page as of 2026-09-23; the page describes coverage without naming a specific carrier.

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.

Coverdash markets commercial crime coverage to any business that handles money, payroll or valuable inventory. ⁴Company-reported. Product-page eligibility description; actual acceptance 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. ⁹Company-reported. Crime and Fidelity product page as read 2026-09-23.

Coverdash describes commercial crime coverage as protecting against employee theft of money, property or assets, forged checks and counterfeit currency, fraudulent funds-transfer instructions, and losses when an employee is tricked by social engineering into sending funds to a bad actor. ⁴Company-reported. Product-page coverage cards; the issued policy and declarations control actual wording, limits and exclusions.

Coverdash's coverage hub lists commercial crime separately from cyber insurance, even though both can respond to funds-transfer fraud and social-engineering losses; the two pages do not state how overlapping claims are coordinated between policies. ⁴Not found in reviewed sources. Comparison of the cyber and crime-coverage product pages; overlap-resolution language was not found on either page.

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.

The commercial crime page does not publish specific limit, retention or deductible amounts. ⁴Not publicly disclosed. Reviewed commercial crime page as of 2026-09-23; figures are quote-specific and not shown on the public product page.

Not described in the reviewed sources.

Coverdash describes a fully digital quote-to-purchase process for commercial crime coverage, with the option to add other coverages alongside it. ⁴Company-reported. Product-page company information and cross-sell section.

Not described in the reviewed sources.

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.