Lockton vs 
Mylo: How Do They Compare for Surety Bonds?
Mylo compares provider quotes for businesses needing license or permit bonds; Lockton brokers surety for varied industries and lists financial and project analysis.
Mylo compares license and permit quotes across sureties; Lockton offers broader financial, backlog and peer-rate analysis but does not list bond types on its reviewed page. 1,2
What Are the Key Differences Between Lockton and Mylo Surety Bonds?
License-Quote Comparison Versus Broader Surety Analysis
Mylo serves businesses required by local governments to carry license or permit bonds and compares quotes across multiple sureties. Lockton describes surety work for clients across industries, including financial-statement, backlog and peer-rate analysis, without listing particular bond forms. 2 1 Choose Mylo if you need a local license or permit bond and want several quotes; choose Lockton if your need includes broader financial or backlog analysis.
What Each Page Says About Bond Types
Lockton's surety page does not list bond forms. Mylo explains a surety bond as a three-way agreement among the business, a government authority and an insurance company, for license or permit obligations, and describes reimbursement after a payout. 1 2
How Each Helps You Get a Bond
Lockton lists data-driven work around the relationship: financial statement analysis, weighted backlog analysis, peer comparisons, profit trends and safety-record review, and says it tailors the service model to each client. Mylo says it can recommend the right bond, compare quotes across surety providers, and look for a combination of coverage and price. Neither page names the issuing surety. 1 2
What Should You Confirm in Lockton and Mylo Surety Bonds Quotes?
Lockton vs Mylo Surety Bonds Compared
Lockton vs Mylo: Surety Bonds: documented features by provider
| Criteria | Lockton Surety Brokerage | Mylo Surety Bonds |
|---|---|---|
| Who It’s For | Lockton says it represents clients across a wide range of industries and tailors its surety service model to each client rather than a single standard approach. 1Company-reported. Surety product page as read 2026-09-23. No named industries or minimum bond size were published. | Mylo markets surety bonds to businesses whose local government requires a bond to hold a business license or permit. 2Company-reported. Surety bonds product page. |
| Role in This Line | Lockton Surety brokers surety bonds and says it has become one of the largest surety brokers in the world, representing more than 2,000 clients across industries. Lockton is the broker facilitating the bond relationship, not the surety. 1Company-reported. Surety product page as read 2026-09-23. Client count and market-size claims are company-reported. | Mylo brokers commercial surety bonds by comparing quotes from multiple surety providers rather than acting as the surety itself. 2Company-reported. Surety bonds product page. |
