Lockton vs Marsh Commercial Property Insurance

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. ⁴Company-reported. Property product page as read 2026-09-23.

Marsh McLennan Agency (MMA), Marsh's middle-market subsidiary, places commercial property insurance; separately, Marsh's technology industry practice arranges property coverage for digital infrastructure such as data centers. ^9,10Company-reported. MMA property insurance page and Marsh's data center insurance page.

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. ⁴Not publicly disclosed. Property product page checked 2026-09-23.

The reviewed pages do not name a specific commercial property insurer. ^9,10Not publicly disclosed. MMA property insurance page and Marsh data center page as read on 2026-09-23.

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. ⁴Company-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.

MMA says commercial property insurance protects an organization's physical assets, including owned or rented property, equipment and inventory, from unexpected loss events, with named options for flood, hurricane and windstorm, wildfire and earthquake coverage. ⁹Company-reported. MMA property insurance page; illustrative description, not a specific policy form.

For data centers specifically, Marsh says property coverage is typically paired with equipment breakdown, business interruption, cyber and general liability coverage to close gaps that a conventional property policy alone would leave open. ¹⁰Company-reported. Data center insurance page FAQ.

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. ⁴Company-reported. Property product page as read 2026-09-23. These are described capabilities, not a guarantee of outcome on any specific account.

MMA says its property practice offers hazard assessment and valuation services, loss and catastrophe modeling, claims advocacy, pre- and post-loss risk control, and alternative risk solutions such as captives and parametric insurance options. ⁹Company-reported. MMA property insurance page, Benefits of Property Insurance section.

Not described in the reviewed sources.

You work with an MMA property specialist directly; the page names a National Accounts Property Practice Leader and describes advisor-led placement rather than an online quote. ⁹Company-reported. MMA property insurance page.