Lockton vs 
Marsh McLennan Agency: How Do They Compare for Cargo and Transit Insurance?
What Is Lockton?
Lockton suits technology companies and larger businesses seeking a broker across cyber, D&O, property, liability and benefits; small firms wanting an instant standard quote should compare digital agencies. 1,2,3
What Is Marsh McLennan Agency?
Marsh McLennan Agency provides business insurance and employee health and benefits, alongside retirement, wealth, and private-client services across the United States and Canada. Its US small-business page lists six common coverage types and directs buyers to request a personalized quote by phone; the insurer and terms for a specific placement must be confirmed in the proposal. 6,7
Read the Marsh McLennan Agency profile
Read the Marsh McLennan Agency Cargo and Transit Insurance page
What Is Cargo and Transit Insurance?
Cargo coverage fits a shipper protecting goods it owns or a carrier responsible for another party’s goods. The quote needs to match who bears the loss, the shipment route and storage stops. 9,10,11,12
Key Differences in Cargo and Transit Insurance
What the Coverage Follows
Lockton’s Cargo & Logistics team lists warehouseman’s legal liability and deterioration of perishable goods alongside cargo in transit and motor-truck cargo. MMA lists stock-throughput, inland transit, motor-truck cargo, and ocean marine, but its reviewed overview does not itemize warehouse liability or spoilage. A warehouse or food distributor should distinguish its liability for customers’ goods from first-party spoilage losses and request the relevant policy forms from each broker. 4 8
Program and Buyer Fit
Lockton also lists war, strikes, and terrorism risk as coverage areas it can help place, while MMA does not enumerate those extensions in its overview. This is a capability list, not proof those risks are included in a quote; businesses shipping through exposed routes should identify the relevant territory and ask which exclusions can be amended. MMA’s adviser can likewise confirm which options are available for the chosen insurer and route. 4 8
What to Confirm in Cargo and Transit Insurance Quotes
- Ask Lockton which carrier and endorsement can address temperature-related deterioration and warehouse legal liability.
- Ask MMA whether the quoted form offers war, strikes, or terrorism extensions for the planned shipping lanes.
- Ask each provider to identify the carrier, reporting process, and shipment stages insured by the proposed form. 4 8
Review Scores
These averages can combine ratings for different products, locations, and customer groups, including approximate BBB grade conversions. Read each review for the sources, scope, and calculation.
Lockton
Review Score
3 rated sources
Lockton’s reviews vary by office and entity. Local Google-derived ratings provide some service feedback, but no reliable firmwide verdict.[2][6][7][8]
Read Lockton reviewsMarsh McLennan Agency
Review Score
2 rated sources
There are almost no public customer reviews of Marsh McLennan Agency (MMA). Trustpilot shows 3.2 out of 5, but from a single review, and BBB shows an A grade with four complaints closed in three years.[8][9][1]
Read Marsh McLennan Agency reviewsOffering Details
Lockton vs Marsh McLennan Agency: Cargo and Transit Insurance: documented features by provider
| Criteria | Lockton Cargo & Logistics Insurance Brokerage | Marsh McLennan Agency cargo transit (official overview) |
|---|---|---|
| Role in This Line | Lockton's Cargo & Logistics team places marine and cargo coverage for companies that ship goods; it sits alongside auto, general/product liability, umbrella and workers' compensation under Lockton's broader Casualty Insurance Solutions. Lockton is the broker arranging this coverage, not the insurer. 4,5Company-reported. Cargo & Logistics and Casualty product pages, U.S. site, as read 2026-09-23. | Marsh McLennan Agency describes arranging cargo transit for the audience stated on the cited product page. 8Company-reported. cargo transit marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement. |
| Issuing Insurer | Neither page names the marine or cargo insurers Lockton places coverage with. The carrier depends on the specific placement. 4,5Not publicly disclosed. Cargo & Logistics and Casualty pages checked 2026-09-23. | Confirm in your quote. |
| Who It’s For | Confirm in your quote. | Businesses storing or transporting goods; source discusses domestic and international supply chains. 8Company-reported. cargo transit marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement. |
| Coverage Features | Lockton lists cargo and marine coverage areas it can help place, including cargo in transit, motor truck cargo, warehouseman's legal liability, stock throughput, deterioration of perishable goods, and war, strikes and terrorism risk. This is a capability list, not a specimen policy; actual terms depend on the placing insurer. 4Company-reported. Cargo & Logistics product page as read 2026-09-23. Not a summary of any one policy form. | The cited product page describes cargo stock-throughput, inland transit, motor-truck cargo, and ocean marine options for goods in storage or transit. Marketing description only; actual coverage, exclusions, conditions, limits, and availability depend on the issued policy and jurisdiction. 8Company-reported. cargo transit marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement. |
| Limits and Retentions | Confirm in your quote. | The cited overview does not set a universal limit or retention for this line. Ask for the proposed policy form, limits, retentions, exclusions, and conditions in the quote. 8Not publicly disclosed. Only the cited marketing page was reviewed for published limit and retention information; no policy-form entitlement is inferred. |
| How to Apply | Public engagement starts as an inquiry: the Cargo & Logistics page routes buyers to a contact form rather than a self-serve quote or bind flow. 4Company-reported. Cargo & Logistics page as read 2026-09-23. No online quote tool was found for this line. | The page invites organizations to contact a Marsh McLennan Agency adviser or specialist to discuss placement. The page does not establish a quote, bind, or coverage-effective timeline. 8Company-reported. cargo transit marketed by marsh-mclennan-agency; scope is limited to the cited official product overview and described audience. This is not a policy form or a universal eligibility statement. |
Full Comparison
More Lockton vs Marsh McLennan Agency Comparisons
Other Cargo and Transit Insurance Comparisons
Sources
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.
- Cargo & Logistics. Lockton; Risk management challenges intro; Wide array of experience: list of marine and cargo coverage areas (guaranteed outturn, bailees liability, motor truck cargo, carrier's legal liability, stock throughput, war and strikes risk, and more). Accessed 2026-09-23.
- Casualty Insurance. Lockton; Casualty Insurance Solutions list: Auto, Cargo, General & Product Liability, Umbrella & Excess Liability, Workers' Compensation; dedicated service team paragraph. Accessed 2026-09-23.
Marsh McLennan Agency
- Who We Are. Marsh McLennan Agency; Lines 193-195: ‘a business of Marsh’ and company-listed service lines across US and Canada. This does not establish the legal entity for an account, corporate ownership chart, or insurer role. Accessed 2026-09-29.
- Small Business Insurance Solutions. Marsh McLennan Agency; Lines 205-207: small-business audience and call invitation; lines 224-249 list six coverage categories and short descriptions; line 264 is an embedded form whose function is not stated. No form submitted. Accessed 2026-09-29.
- Cargo Insurance | MMA. Marsh McLennan Agency; Cargo insurance coverage; cargo stock throughput, inland transit, motor truck cargo, and ocean marine sections. Accessed 2026-09-30.
Cargo and Transit Insurance Guide
- Commercial Insurance Guide. California Department of Insurance; Commercial Property; Inland Marine; What Should I Expect from a Broker-Agent. Accessed 2026-09-16.
- Shipping Options. International Trade Administration, U.S. Department of Commerce; Export Shipping Basics; Tips on International Shipping from U.S.; Working with Freight Forwarders. Accessed 2026-09-16.
- Special Documents. International Trade Administration, U.S. Department of Commerce; Insurance Certificate bullet. Accessed 2026-09-16.
- Motor Truck Cargo Legal Liability Coverage. American Association of Insurance Services, Inc.; hosted by National Unity; Coverage and Property Covered pp.1–2; Perils Excluded pp.6–7; Valuation p.8; How Much We Pay p.9; Transit definition p.13. Accessed 2026-09-16.
