Embroker vs 
Lockton Commercial Property Insurance
Embroker sells a standard policy online; Lockton says it negotiates directly with underwriters and can tailor its own manuscript wording.
What Is Embroker?
Embroker is a business insurance broker and online platform serving startups, technology companies and professional-services firms, with proprietary programs and broker-assisted placements. 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 Commercial Property Insurance?
Commercial property insurance addresses physical business assets, including buildings, equipment, furniture and inventory, subject to the policy’s covered property, causes and terms. 9
Key Differences in Commercial Property Insurance
Standard Terms or Negotiated Wording
Embroker's policy lets the buyer choose between all-perils and named-perils forms and between Actual Cash Value and Replacement Cost valuation, but describes no custom drafting of policy language. 4Lockton says it can go further, tailoring its own proprietary manuscript property policy rather than only placing standard-form coverage.
Lockton says it can tailor its own proprietary manuscript property policy to a client's coverage needs, rather than only placing standard-form property policies. 8Company-reported. Property product page as read 2026-09-23. The manuscript form's actual wording and how it compares to standard forms was not published on this page.
Advisory Services Behind the Placement
Embroker's page describes the policy itself without naming surrounding advisory services. Lockton lists a detailed review of coverage terms and wordings, retention analysis for choosing a deductible, exposure and stratification-of-value analysis, catastrophic modeling, and assistance with complex claim recovery as part of its property practice. 4 8
How the Deal Gets Made
Embroker's sign-up is self-serve: the buyer picks the limit and deductible on its platform without submitting financial statements. Lockton says the same team that meets a client also negotiates commercial property terms directly with underwriters, rather than routing the account through a centralized broking center. 4 8
What to Confirm in Commercial Property Insurance Quotes
- Ask Lockton whether your policy would use its manuscript wording or a standard market form, and how the two differ for your risk. 8
- Ask Embroker for its per-peril deductible schedule before comparing premiums. 4
- Ask Lockton for the stratification-of-value or catastrophic modeling output behind your recommended limit. 8
- Confirm whether your quote is Actual Cash Value or Replacement Cost with Embroker, since that changes the premium. 4
- Get the issuing insurer from both; neither reviewed page names one. 4 8
Offering Details
Embroker vs Lockton Commercial Property Insurance: documented features by provider
| Criteria | Embroker Commercial Property Insurance | Lockton Property Insurance Brokerage |
|---|---|---|
| Role in This Line | Embroker sells commercial property as a standalone policy and says it is also the core property component of its Business Owners Policy, with a standalone policy offering higher limits and broader coverage than the BOP version. 4Company-reported. Product-page description; not a statement about the issuing insurer. | Lockton's property team negotiates commercial property placements directly with underwriters rather than through a centralized broking center, and says the same team that meets a client also negotiates with the market on their behalf. 8Company-reported. Property product page as read 2026-09-23. |
| Issuing Insurer | Not described in the reviewed sources. | The property page does not name the insurers Lockton places commercial property coverage with; it describes relationships across the global marketplace in general terms only. 8Not publicly disclosed. Property product page checked 2026-09-23. |
| Who It’s For | Embroker markets the policy to any business that leases or owns office space, manufactures products, manages inventory, leases equipment, or maintains the property of others. 4Company-reported. Product-page 'Who Is It For?' section; not a guarantee of coverage for a particular business. | Not described in the reviewed sources. |
| Coverage Features | Embroker lists coverage for the insured premises, equipment and tools, inventory, furniture, business property used off-site, and lost income after property damage. Policies can be written on an all-perils or named-perils basis. 4Company-reported. Product-page coverage and 'What's Not Covered' sections; the issued policy and declarations control. Embroker offers a choice between Actual Cash Value (depreciated market value) and Replacement Cost valuation for a property loss, noting replacement-cost policies cost more since they don't account for depreciation. 4Company-reported. Product-page 'Actual Cash Value vs Replacement Cost' section. | Lockton says it can tailor its own proprietary manuscript property policy to a client's coverage needs, rather than only placing standard-form property policies. 8Company-reported. Property product page as read 2026-09-23. The manuscript form's actual wording and how it compares to standard forms was not published on this page. |
| Limits and Retentions | Embroker says most commercial property policies have a deductible that can vary by the peril that caused the claim (for example, a different deductible for fire versus earthquake damage); it does not publish standard limit amounts. 4Company-reported. Product-page 'Does Commercial Property Insurance Have A Deductible?' section. | Not described in the reviewed sources. |
| Risk Services | Not described in the reviewed sources. | Lockton lists specific property services: detailed review of coverage terms, conditions and policy wordings; retention analysis for deductible selection; exposure and stratification-of-value analysis; catastrophic modeling; preparation of underwriting specifications; and assistance with complex claim recovery. 8Company-reported. Property product page as read 2026-09-23. These are described capabilities, not a guarantee of outcome on any specific account. |
| How to Apply | Embroker says it does not require equity ownership or financial statements to quote commercial property coverage, and lets buyers choose their own limit and deductible when signing up on its platform. 4Company-reported. Product-page 'Why Get It With Embroker?' section; no quote was requested during this research. | Not described in the reviewed sources. |
Full Comparison
More Embroker vs Lockton Comparisons
Other Commercial Property Insurance Comparisons
Sources
Embroker
- Embroker. Embroker; Industry navigation; quote and sign-in links; coverage options; footer availability qualification. Accessed 2026-09-15.
- Terms And Conditions. Embroker; Introduction; §§2A–B Insurance services, 13 Applications and quotes, 15 Insurance companies and underwriting guidelines, 16 Certificates, 21 Surplus lines products, 22 Payments. Accessed 2026-09-15.
- Embroker Access. Embroker; EMIS announcement; appointed-broker quoting, binding and issuance; product links; footer identifies Embroker Insurance Services, LLC. Accessed 2026-09-15.
- Commercial Property Insurance: Coverage & Quotes. Embroker; What Is Commercial Property Insurance?; Who Is It For?; What Does Commercial Property Insurance Cover?; Are BOP and Commercial Property Insurance Related?; What's The Difference Between Replacement Cost And Actual Cash Value; Does Commercial Property Insurance Have A Deductible?; Why Get It With Embroker? 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.
- Property Insurance. Lockton; Protecting your assets intro; You benefit from our expertise: detailed review of coverage terms and conditions, retention analysis, exposure and stratification-of-value analyses, catastrophic modeling, tailoring Lockton's proprietary manuscript property policy, assistance with complex claim recovery. Accessed 2026-09-23.
Commercial Property Insurance Guide
- Business Interruption Insurance/Businessowner’s Policies (BOP). National Association of Insurance Commissioners; Background; Commercial Property and Business Interruption bullets. Accessed 2026-09-16.
