HUB International vs Lockton: How Do They Compare for Crime Insurance?

Both are brokers. HUB International lists vendor theft and asset misappropriation and cites fraud statistics; Lockton lists employee theft, counterfeit currency and social engineering and runs claims through an in-house team.

HUB serves private, public and nonprofit organizations and lists vendor theft, forgery and funds-transfer fraud; Lockton serves those groups with a dedicated crime claims team and flags financial-institution bonds as a separate product. ^1,²

What Are the Key Differences Between HUB International and Lockton Crime Insurance?

For a financial institution, Lockton says a financial institution bond may be required instead of general crime coverage. HUB names vendor theft and asset misappropriation among its covered crime types; neither broker publishes limits. ² ¹

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. ¹ ²

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. ¹ ²

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. ¹ ²

What Should You Confirm in HUB International and Lockton 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. ¹ ²
If you are a financial institution, ask Lockton whether a financial institution bond is required. ²
Ask how Lockton’s Professional & Executive Risk Claims team would handle a crime claim compared with HUB’s broker contact path. ² ¹
Get the writing company and limits from both. ¹ ²

HUB International vs Lockton Crime Insurance Compared

HUB International vs Lockton: Crime Insurance: documented features by provider

Criteria	HUB International Crime Insurance Brokerage	Lockton Crime and Fidelity Insurance Brokerage
Who It’s For	HUB says crime coverage is available for private, public and not-for-profit organizations. ¹Company-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. ²Company-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. ¹Company-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. ¹Company-reported. Product-page statistics are company-cited figures, not independently verified by us, 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. ²Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy.
Role in This Line	HUB brokers commercial crime insurance rather than underwriting the coverage itself. ¹Company-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. ²Company-reported. Crime and Fidelity product page as read 2026-09-23.

Criteria

HUB International Crime Insurance Brokerage

Lockton Crime and Fidelity Insurance Brokerage

Who It’s For

HUB says crime coverage is available for private, public and not-for-profit organizations. ¹Company-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. ²Company-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. ¹Company-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. ¹Company-reported. Product-page statistics are company-cited figures, not independently verified by us, 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. ²Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy.

Role in This Line

HUB brokers commercial crime insurance rather than underwriting the coverage itself. ¹Company-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. ²Company-reported. Crime and Fidelity product page as read 2026-09-23.