Lockton vs Mylo: How Do They Compare for Cyber Insurance?

Mylo compares quotes from several carriers and notes cyber can join a business owner's policy; Lockton serves tech sectors with security reviews and incident-response exercises.

Lockton brokers cyber under an Inform, Improve, Insure process, with more than 100 associates who review security posture and run incident-response exercises. Mylo compares quotes from multiple carriers and says cyber can often be added to a Business Owner's Policy beside general liability and commercial property. 1,3

What Are the Key Differences Between Lockton and Mylo Cyber Insurance?

Risk Engineering or a BOP Add-On Path

Lockton pairs placement with advice: quantifying exposure, recommending security improvements, then negotiating terms, delivered by a team it says has over 100 associates. Mylo compares quotes from multiple carriers and says cyber can often be added to a BOP alongside general liability, commercial property and business interruption. Choose Lockton if you want pre-bind risk engineering and incident exercises; choose Mylo if you want a broker to shop carriers and possibly fold cyber into a BOP. 1 3

Named Tech Sectors Versus Card-and-Customer-Data Copy

Lockton's technology practice names electronic hardware, information technology, internet, medical equipment, semiconductors, software and telecommunications. Mylo markets to businesses that take credit cards or store customer information, citing its own figure that more than two-thirds of small businesses have experienced a cyberattack. 2 3

How You Start

Lockton lists a named U.S. Cyber and Technology leader and a published team email. Mylo's cyber page describes comparing carrier quotes and a BOP add-on path rather than a named practice email. 1 3

What Should You Confirm in Lockton and Mylo Cyber Insurance Quotes?

  • Ask Lockton which insurers it would negotiate with. 1
  • Ask Mylo which carrier would issue the BOP add-on or standalone form. 3
  • Ask Lockton whether incident-response exercises are included in the fee. 1
  • Get limits from both; neither publishes them. 1 3

Lockton vs Mylo Cyber Insurance Compared

Lockton vs Mylo: Cyber Insurance: documented features by provider

CriteriaLockton Cyber & Technology Insurance BrokerageMylo Cyber Insurance
Who It’s For

Lockton's technology practice says it works with clients in electronic hardware, information technology, internet, medical equipment, semiconductors, software and telecommunications, and highlights cyber liability as a core exposure for those industries. 2Company-reported. Technology industry page as read 2026-09-23. No minimum company size or revenue threshold was published.

Mylo markets cyber insurance to businesses that take credit cards or store customer information, citing its own figure that more than two-thirds of small businesses have experienced a cyberattack. 3Company-reported. Cyber insurance product page; a company-reported statistic, not independently verified.

Role in This Line

Lockton brokers cyber insurance and pairs placement with its own risk-management advice under a three-step Inform, Improve, Insure approach: quantifying cyber financial exposure, recommending security improvements, then negotiating coverage terms with insurers. 1Company-reported. Cyber & Technology product page as read 2026-09-23.

Mylo brokers cyber insurance by comparing quotes from multiple carriers rather than underwriting the policy itself. 3Company-reported. Cyber insurance product page.

About Lockton and Mylo and Cyber Insurance

Related Pages for Lockton vs Mylo Cyber Insurance

Updated . Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. Editorial policy. To suggest a correction, contact Spot with the page URL and supporting source.

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