Founder Shield vs 
Lockton Workers’ Compensation Insurance
Lockton lists named workers' comp risk services and specialty programs; Founder Shield describes a carrier-vetting standard with no comparable service list.
What Is Founder Shield Insurance?
Founder Shield is a commercial insurance broker for venture-backed and growing businesses. Buyers can request coverage through its online portal and work with advisors on insurer selection, policy changes and claims reporting. 1,2,3,4,5
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. 8,9,10
What Is Workers’ Compensation Insurance?
Workers’ compensation insurance addresses medical care, rehabilitation and lost wages for employees’ work-related injuries or illnesses. Not every worker, contractor or owner is automatically covered, and not every injury qualifies — check who's included and what's compensable under your state's rules. 12,13,14
Key Differences in Workers’ Compensation Insurance
Named Services Versus a Carrier Standard
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. 11Company-reported. Workers' Compensation product page as read 2026-09-23.
Founder Shield's reviewed pages do not describe a comparable services list for this line; instead of naming loss-control or claims-advocacy services, Founder Shield states a carrier-selection standard, saying it works only with carriers rated A- or better by AM Best. 3
Program Breadth
Lockton lists specialty workers' comp capabilities beyond a standard policy, including captive formation, Texas non-subscription consulting, Jones Act and USL&H programs for maritime exposures, and qualified self-insurance design. Founder Shield's page describes a single standard product covering medical expenses, lost wages, rehabilitation, death benefits and an optional employer-liability add-on, without alternative-risk-financing options. 11 6
Market Access
Lockton says clients get access to more than 100 regional, global and program workers' compensation markets, plus benchmarking through its InfoLock service. Founder Shield does not describe the size of its carrier panel; it names industry fit and an AM Best rating floor as its selection criteria instead of a market count. 11 3
What to Confirm in Workers’ Compensation Insurance Quotes
- Ask Lockton which of its named risk services (OSHA consulting, claims advocates, InfoLock benchmarking) apply to this specific account rather than the practice generally. 11
- Ask Founder Shield to name the specific A- or better carrier proposed for this quote. 3
- Neither page names the insurer that would issue the policy; request that in writing from both. 11 3
- If self-insurance or a captive structure is relevant, ask whether Founder Shield offers it, since only Lockton's page describes those alternatives. 11
Offering Details
Founder Shield vs Lockton Workers’ Compensation Insurance: documented features by provider
| Criteria | Founder Shield Workers' Compensation Insurance | Lockton Workers' Compensation Insurance Brokerage |
|---|---|---|
| Role in This Line | Founder Shield is a retail insurance brokerage, described on its site as “the innovation arm of The Baldwin Group,” and places Founder Shield Workers' Compensation Insurance with third-party carriers rather than underwriting the policy itself. 7Company-reported. About-us page; applies to Founder Shield's brokerage model generally, restated here for this line. | 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. 11Company-reported. Workers' Compensation product page as read 2026-09-23. |
| Issuing Insurer | Founder Shield says it places policies, including Founder Shield Workers' Compensation Insurance, only with carriers rated A- or better by AM Best, chosen for the client's industry. It does not name the issuing insurer for this line; that depends on which carrier the policy is placed with. 3Company-reported. General carrier-selection FAQ, not specific to this line's placements. | The page does not name the workers' compensation insurers or programs Lockton places coverage with for a given client, beyond describing access to '100+ markets' in general terms. 11Not publicly disclosed. Workers' Compensation page checked 2026-09-23. |
| Who It’s For | Founder Shield's page says most states require workers' compensation as soon as a company hires its first employee, and highlights construction, restaurants/hospitality, professional offices, healthcare and retail as buyer segments. 6Company-reported. Workers' Compensation Insurance product page. | Not described in the reviewed sources. |
| Coverage Features | Founder Shield lists medical expenses, a portion of lost wages, rehabilitation costs, death benefits, and an optional employer-liability add-on as what the policy covers. 6Company-reported. Product page; the issued policy and declarations control actual coverage. | 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. 11Company-reported. Workers' Compensation product page as read 2026-09-23. A capability list, not a specimen policy. |
| Risk Services | Not described in the reviewed sources. | Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. 11Company-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. 11Company-reported. Workers' Compensation product page as read 2026-09-23. |
| How to Apply | You request Founder Shield Workers' Compensation Insurance through Founder Shield's website or an insurance advisor rather than binding coverage directly; Founder Shield says its placement team then approaches carriers on the client's behalf. 7,3Company-reported. About-us and carrier-selection pages describe the general placement process, not a line-specific application form. | Not described in the reviewed sources. |
Full Comparison
More Founder Shield vs Lockton Comparisons
Other Workers’ Compensation Insurance Comparisons
Sources
Founder Shield
- Founder Shield. Founder Shield; Opening broker description; Specialized Practices; Smart Tech, Smarter People; quote and sign-in links. Accessed 2026-09-15.
- Quote Portal. Founder Shield; Public landing screen, Create Account and Sign In links. Accessed 2026-09-15.
- How Do You Decide Which Carriers to Approach? Founder Shield; FAQ answer on carrier selection: works exclusively with A-rated (AM Best) carriers, matched by industry appetite. Accessed 2026-09-23.
- What If Our Company Grows A Lot or Things Change During the Year? Founder Shield; Carl Niedbala answer, November 25, 2024: operational changes and coverage adjustments. Accessed 2026-09-15.
- Claims. Founder Shield; Our Approach; How We Support Claims Management, steps 1–5; Make a claim link. Accessed 2026-09-15.
- Workers' Compensation Insurance. Founder Shield; What Is Workers’ Comp Insurance?; Who Needs Workers’ Comp Insurance Coverage?; What Does Workers’ Comp Insurance Cover? Accessed 2026-09-23.
- About Us. Founder Shield; “Founder Shield is the innovation arm of The Baldwin Group”; company history and mission. 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.
- Workers' Compensation. Lockton; Empower your workforce to achieve your company goals; Access to a multitude of experts; list of workers' compensation expert services (100+ markets, InfoLock benchmarking, alternative risk/captive consulting, Texas non-subscription, Jones Act/OCS/USL&H, trucking occupational accident programs, self-insurance consulting, safety services, OSHA consulting, claims service advocates). Accessed 2026-09-23.
Workers’ Compensation Insurance Guide
- Workers’ Compensation Insurance. National Association of Insurance Commissioners; Opening definition; mandatory coverage except Texas opt-in; exclusive remedy; monopolistic state funds; self-insurance note. Accessed 2026-09-16.
- Small Business Insurance. National Association of Insurance Commissioners; Typically covers medical expenses, rehabilitation costs and lost wages; check with your state insurance department; ask these questions / who qualifies as a covered employee (contractors, part-time staff, interns); payroll and type-of-work rating factors. Accessed 2026-09-16.
- DWC employer information. California Department of Industrial Relations, Division of Workers’ Compensation; Opening trade-off and California requirement; basic benefits including medical care, temporary and permanent disability, supplemental job displacement, return-to-work supplement and death benefits; out-of-state employer note. Accessed 2026-09-16.
