---
title: "Lockton vs Mylo Cyber Insurance"
description: "Lockton advises named technology-sector clients through a dedicated team, while Mylo quotes cyber for small businesses generally and can bundle it into a BOP."
canonical: "https://spot.insure/compare/lockton-vs-mylo/cyber"
page-type: "line-comparison"
updated-at: "2026-09-24"
---

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[Human-readable page](https://spot.insure/compare/lockton-vs-mylo/cyber)

# Lockton vs Mylo Cyber Insurance

Lockton advises named technology-sector clients through a dedicated team, while Mylo quotes cyber for small businesses generally and can bundle it into a BOP.

## Research Scope and Use

Use this comparison to evaluate Lockton and Mylo for Cyber Insurance against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

Lockton's cyber practice targets named technology industries through a team it says has over 100 Associates, while Mylo markets cyber to any business taking credit cards or holding customer data and can bundle it into a Business Owner's Policy. [2](https://global.lockton.com/us/en/technology "Technology") [7](https://choosemylo.com/business/product-cyber "Cyber Insurance")

## What Is Lockton?

Lockton is a privately held insurance brokerage that arranges commercial risk, employee benefits and retirement programs. US pages describe a technology practice and intermediary placement with insurers, not Lockton as the policy’s insurer. [1](https://global.lockton.com/us/en "Lockton United States") [2](https://global.lockton.com/us/en/technology "Technology") [3](https://global.lockton.com/us/en/terms-of-business "US Terms of Business")

[Lockton profile](https://spot.insure/insurance-providers/lockton)

## What Is Mylo Insurance?

Mylo is an independent insurance broker for small and growing businesses. It recommends coverage and compares available quotes from multiple carriers online or with a licensed advisor; the insurer named on the resulting policy provides the coverage. [5](https://choosemylo.com/business/business-insurance "Small Business Insurance") [6](https://choosemylo.com/our-story "About Mylo")

[Mylo profile](https://spot.insure/insurance-providers/mylo)

## What Is Cyber Insurance?

Cyber insurance can help a business respond to cyber incidents and address covered liability claims arising from them. [8](https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/cyber-insurance "Cyber Insurance")

## Key Differences in Cyber Insurance

### Who Each Page Is Written For

Lockton's technology practice names the industries it serves — electronic hardware, information technology, internet, medical equipment, semiconductors, software and telecommunications — and frames cyber liability as a core exposure for those sectors specifically. [2](https://global.lockton.com/us/en/technology "Technology") [7](https://choosemylo.com/business/product-cyber "Cyber Insurance")

### How the Policy Is Packaged

Mylo says cyber coverage can often be added directly to a Business Owner's Policy depending on the carrier, alongside general liability, commercial property and business interruption.

Lockton's pages describe cyber as a standalone placement handled through its Cyber & Technology practice rather than a BOP add-on, paired instead with risk-management services like cybersecurity posture reviews and incident-response exercises. [4](https://global.lockton.com/us/en/cyber-technology "Cyber & Technology")

Mylo says cyber insurance can often be added to a Business Owner's Policy depending on the carrier, alongside general liability, commercial property and business interruption. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Company-reported; scope: Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section..)

## What to Confirm in Cyber Insurance Quotes

- Ask Lockton whether your business fits its named technology-sector focus or if it also places cyber for other industries. [2](https://global.lockton.com/us/en/technology "Technology")
- Ask Mylo which carriers it compares for your quote and whether cyber would be bundled into a BOP or sold standalone. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance")
- Get the issuing insurer from both; neither page names a specific carrier. [4](https://global.lockton.com/us/en/cyber-technology "Cyber & Technology") [7](https://choosemylo.com/business/product-cyber "Cyber Insurance")
- Confirm published limits and retentions directly with each, since neither page discloses them. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance")

## Offering Details

| Criteria | Lockton Cyber & Technology Insurance Brokerage | Mylo Cyber Insurance |
| --- | --- | --- |
| 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. [4](https://global.lockton.com/us/en/cyber-technology "Cyber & Technology") (Evidence: Company-reported; scope: 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. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Company-reported; scope: Cyber insurance product page..) |
| Issuing Insurer | Lockton says it has built alliances with cybersecurity firms and insurer partners, but the reviewed pages do not name specific cyber insurers or which carrier would issue a given client's policy. [4](https://global.lockton.com/us/en/cyber-technology "Cyber & Technology") (Evidence: Not publicly disclosed; scope: Cyber & Technology page checked 2026-09-23..) | The cyber insurance product page does not name the insurer that would issue a given business's policy. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Not publicly disclosed; scope: Checked the cyber insurance product page on 2026-09-23..) |
| 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. [2](https://global.lockton.com/us/en/technology "Technology") (Evidence: Company-reported; scope: 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. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Company-reported; scope: Cyber insurance product page; a company-reported statistic, not independently verified..) |
| Coverage Features | Not described in the reviewed sources. | Mylo says cyber coverage can pay non-legal costs (breach investigation, customer notification, crisis-management and PR help, lost income, ransom reimbursement, and data restoration) as well as legal and regulatory costs, including defense and fines from a regulator such as HIPAA or from lawsuits by people affected by a breach. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Company-reported; scope: Cyber insurance product page; the issued policy and its exclusions control..)<br><br>Mylo names hacking and social-engineering attacks (such as spear phishing), employee or partner data errors and misuse, and malware or ransomware as the cyber threats this coverage is designed to address. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Company-reported; scope: Cyber insurance product page..)<br><br>Mylo says cyber insurance can often be added to a Business Owner's Policy depending on the carrier, alongside general liability, commercial property and business interruption. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Company-reported; scope: Cyber insurance product page "Add cyber to your Business Owner's Policy (BOP)" section..) |
| Limits and Retentions | Not described in the reviewed sources. | The cyber insurance product page does not publish specific coverage limits, retentions or premium ranges. [7](https://choosemylo.com/business/product-cyber "Cyber Insurance") (Evidence: Not publicly disclosed; scope: Checked the cyber insurance product page on 2026-09-23..) |
| Risk Services | Lockton describes services beyond placement: reviewing a client's cybersecurity posture, running incident-response exercises, and helping design security governance frameworks and cyber-hygiene policies, delivered by a team it says has over 100 Associates specializing in cyber risk. [4](https://global.lockton.com/us/en/cyber-technology "Cyber & Technology") (Evidence: Company-reported; scope: Cyber & Technology product page as read 2026-09-23..) | Not described in the reviewed sources. |
| How to Apply | The Cyber & Technology page lists a named contact (its EVP, U.S. Cyber & Technology Leader) and the email cyber@lockton.com as the way to reach the team, rather than a self-serve online quote tool. [4](https://global.lockton.com/us/en/cyber-technology "Cyber & Technology") (Evidence: Company-reported; scope: Cyber & Technology page as read 2026-09-23..) | Not described in the reviewed sources. |

## Full Comparison

- [Lockton vs Mylo](https://spot.insure/compare/lockton-vs-mylo): all coverage lines, business roles, service and claims.
- [What Is Cyber Insurance?](https://spot.insure/coverage/cyber): Cyber insurance can help pay your response costs and covered claims against your business after a cyber incident.
- [Lockton vs Mylo Employee Health Benefits](https://spot.insure/compare/lockton-vs-mylo/employee-health-benefits)
- [Lockton vs Mylo General Liability Insurance](https://spot.insure/compare/lockton-vs-mylo/general-liability)
- [Lockton vs Mylo Surety Bonds](https://spot.insure/compare/lockton-vs-mylo/surety-bonds)
- [Lockton vs Mylo Workers’ Compensation Insurance](https://spot.insure/compare/lockton-vs-mylo/workers-compensation)
- [Alliance Risk vs Lockton Cyber Insurance](https://spot.insure/compare/alliance-risk-vs-lockton/cyber)
- [Alliance Risk vs Mylo Cyber Insurance](https://spot.insure/compare/alliance-risk-vs-mylo/cyber)
- [Amelia Risk vs Lockton Cyber Insurance](https://spot.insure/compare/amelia-risk-vs-lockton/cyber)
- [Amelia Risk vs Mylo Cyber Insurance](https://spot.insure/compare/amelia-risk-vs-mylo/cyber)
- [At-Bay vs Lockton Cyber Insurance](https://spot.insure/compare/at-bay-vs-lockton/cyber)
- [At-Bay vs Mylo Cyber Insurance](https://spot.insure/compare/at-bay-vs-mylo/cyber)

## Sources

### Lockton

1. [Lockton United States](https://global.lockton.com/us/en). Lockton; Opening description of independent insurance brokerage for risk, benefits and retirement; Ask an Expert link to contact-us. Accessed 2026-09-16.
2. [Technology](https://global.lockton.com/us/en/technology). Lockton; Unique expertise in Cyber Liability; industries served (electronic hardware, information technology, internet, medical equipment, semiconductors, software, telecommunications). Accessed 2026-09-23.
3. [US Terms of Business](https://global.lockton.com/us/en/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.
4. [Cyber & Technology](https://global.lockton.com/us/en/cyber-technology). Lockton; A Custom Approach; The Lockton Difference; Inform, Improve, and Insure three-step approach; team of over 100 Associates; contact cyber@lockton.com. Accessed 2026-09-23.

### Mylo

5. [Small Business Insurance](https://choosemylo.com/business/business-insurance). Mylo; Hero; What Insurance Does A Small Business Need (Business Owners Policy listing); Get My Quote; Business Insurance FAQs; commercial-product navigation; footer legal disclosure. Accessed 2026-09-16.
6. [About Mylo](https://choosemylo.com/our-story). Mylo; Your Digital One-Stop Shop; The Broker Advantage; Proven Heritage, Powerful Future; About Mylo FAQs. Accessed 2026-09-15.
7. [Cyber Insurance](https://choosemylo.com/business/product-cyber). Mylo; Back up your great reputation with cyber insurance; Do you take credit cards or store customer info? (hacking, data errors/misuse, malware/ransomware); What does cyber insurance do for business owners? (non-legal and legal/regulatory costs); Add cyber to your Business Owner's Policy (BOP); Cyber insurance FAQs. Accessed 2026-09-23.

### Cyber Insurance Guide

8. [Cyber Insurance](https://www.ftc.gov/business-guidance/small-businesses/cybersecurity/cyber-insurance). Federal Trade Commission; Opening; First-Party and Third-Party Coverage; First-Party Coverage; Third-Party Coverage; What Should Your Cyber Insurance Policy Cover. Accessed 2026-09-16.

Updated 2026-09-24. 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](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

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