Lockton vs Marsh Employee Health Benefits

Lockton's People Solutions practice designs and places employee health and benefit programs; the reviewed page describes brokerage and advisory services, not Lockton acting as the benefits underwriter. ⁴Company-reported. People Solutions page as read 2026-09-23. The page URL for this line moved from the 'employee-benefits' path cited on Lockton's provider record to 'people-solutions'.

Marsh McLennan Agency (MMA) is an employee benefits consulting and brokerage practice: it says it helps translate a client's business goals into a benefits plan, negotiates with carriers, and does not itself insure the plans it places. ⁹Company-reported. MMA employee health and benefits page.

The page does not name the insurers or carriers whose employee-benefit plans Lockton places for clients. ⁴Not publicly disclosed. People Solutions page checked 2026-09-23.

The reviewed page does not name a specific health or benefits carrier; MMA describes its role as negotiating with multiple carriers on a client's behalf rather than underwriting plans itself. ⁹Not publicly disclosed. MMA employee health and benefits page as read on 2026-09-23.

Lockton publishes a quarterly People Solutions Market Update with U.S. health-plan cost data; its Q3 2026 update reported 2025 medical and pharmacy trend at 7.7% year-over-year, following 8% the year before. ⁴Company-reported. People Solutions page as read 2026-09-23. Cost-trend figures are company-reported market commentary, not a specific client's premium.

MMA lists group health, absence/disability/life insurance, voluntary benefits and stop-loss solutions for self-funded employers among the programs it helps design and place, alongside non-insurance services like compliance support and pharmacy benefit consulting. ⁹Company-reported. MMA employee health and benefits page, Our Solutions section; a catalogue of services, not a specific plan's terms.

Lockton describes three service areas for employee benefits clients: employee experience and engagement, total rewards and benefits design, and program management and measurement, aimed at balancing talent attraction and retention against cost control. ⁴Company-reported. People Solutions page as read 2026-09-23.

MMA lists a range of services beyond placement, including actuarial services to measure financial exposure, compliance support and oversight from its legal team, HR technology consulting, and Captive Solutions, an alternative risk tool MMA says limits stop-loss policy volatility for its clients. ⁹Company-reported. MMA employee health and benefits page, Our Solutions section.

Not described in the reviewed sources.

MMA says its consultants assess a client's business, cross-reference employee demographics and survey data, and match needs and budget to a range of market plans during plan design; the page describes an advisor-led process rather than an online quote. ⁹Company-reported. MMA employee health and benefits page, What does an employee benefits consultant do? FAQ.