HUB International vs 
Lockton Crime Insurance
HUB lists employee, vendor, computer and funds-transfer fraud; Lockton places crime and fidelity with a Professional & Executive Risk claims team and notes financial-institution bonds.
What Is HUB International?
HUB International is a North American insurance brokerage that arranges business insurance, employee benefits and related risk services through local offices and specialist practices. Smaller commercial accounts may be sent to Insureon for an online quote; other programs are handled by HUB advisors, with policy terms set by the insurers they use. 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 Crime Insurance?
Crime insurance addresses business losses from specified theft and fraud risks, such as robbery, forgery and embezzlement. 9
Key Differences in Crime Insurance
Two Brokered Crime Programs
HUB brokers commercial crime insurance rather than underwriting it. Lockton places Crime and Fidelity to protect businesses against losses from theft, fraud, forgery and embezzlement by employees or third parties and describes this as a brokered program, not a policy Lockton underwrites. HUB’s crime page does not name an issuing insurer; Lockton’s page also does not name the insurers it places with. 4 8
Vendor Theft Versus Social Engineering and FI Bonds
HUB lists employee theft, vendor theft, forgery, asset misappropriation, computer fraud and funds-transfer fraud. Lockton lists 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. 4 8
Private, Public and Nonprofit Buyers
HUB says crime coverage is available for private, public and not-for-profit organizations. 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. Neither page publishes policy limits, deductibles or premiums. 4 8
What to Confirm in Crime Insurance Quotes
- Ask HUB whether vendor theft is on the form; ask Lockton whether social-engineering impersonation and on-or-off-premises theft are on the form. 4 8
- If you are a financial institution, ask Lockton whether a financial institution bond is required. 8
- Ask how Lockton’s Professional & Executive Risk Claims team would handle a crime claim compared with HUB’s broker contact path. 8 4
- Get the writing company and limits from both. 4 8
Offering Details
HUB International vs Lockton Crime Insurance: documented features by provider
| Criteria | HUB International Crime Insurance Brokerage | Lockton Crime and Fidelity Insurance Brokerage |
|---|---|---|
| Role in This Line | HUB brokers commercial crime insurance rather than underwriting the coverage itself. 4Company-reported. Crime insurance product page as read 2026-09-23; the page does not name an issuing insurer. | 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. 8Company-reported. Crime and Fidelity product page as read 2026-09-23. |
| Issuing Insurer | The crime insurance page does not name an issuing insurer; HUB places crime coverage with carriers that vary by client and placement. 4Not found in reviewed sources. Checked the crime insurance product page on 2026-09-23; no carrier is disclosed there. | The page does not name the insurers Lockton places crime and fidelity coverage with. 8Not publicly disclosed. Crime and Fidelity page checked 2026-09-23. |
| Who It’s For | HUB says crime coverage is available for private, public and not-for-profit organizations. 4Company-reported. Product-page organization-type list; not a published underwriting appetite by size or industry. | 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. 8Company-reported. Crime and Fidelity product page as read 2026-09-23. |
| Coverage Features | HUB lists crime coverage types it arranges as employee theft, vendor theft, forgery, asset misappropriation, computer fraud and funds transfer fraud. 4Company-reported. Product-page coverage list; the issued policy and its exclusions control an actual claim. HUB cites industry statistics that organizations lose about 5% of revenue to fraud each year, that fraud often takes about 18 months to detect, and that more than 23% of fraud cases result in losses of $1 million or more, to frame the need for crime coverage. 4Company-reported. Product-page statistics are company-cited figures, not independently verified by Spot, and are general fraud statistics rather than HUB-specific claims data. | 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. 8Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy. |
| Limits and Retentions | Published policy limits, deductibles or premium information for HUB-placed crime coverage were not found on the product page. 4Not publicly disclosed. Checked the crime insurance product page on 2026-09-23; limits are set on the quote and declarations. | Not described in the reviewed sources. |
| How to Apply | HUB directs prospects to connect with a broker through its business-insurance contact page; no online quote flow is described. 4Company-reported. Product-page call to action as read 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. 8Company-reported. Product page as read 2026-09-23. Describes Lockton's advocacy role, not an insurer's claim-paying obligation. |
Full Comparison
More HUB International vs Lockton Comparisons
Other Crime Insurance Comparisons
Sources
HUB International
- About Us. HUB International; Opening description; 1998 formation of HUB International Limited; 2022 Insureon acquisition; headquarters and employee/office counts. Accessed 2026-09-16.
- Contact Us. HUB International; Business Solutions paths for Commercial Insurance Solutions versus Small Commercial Insurance Solutions via Insureon; office search. Accessed 2026-09-16.
- Insurance for Technology Companies. HUB International; Technology Company Insurance & Risk Management: startup, software, hardware and digital-media introduction; Business Coverage and People Protection lists; technology-client count. Accessed 2026-09-16.
- Crime Insurance Brokers. HUB International; Fraud-loss statistics; coverage types: employee theft, vendor theft, forgery, asset misappropriation, computer fraud, funds transfer fraud; organization types: private, public, not-for-profit; Connect With a Broker. 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.
