Lockton vs Newfront: How Do They Compare for Crime Insurance?

Lockton says crime cover is relevant to nonprofit, private and public organizations of any sector and places brokered programs; Newfront brokers crime in its Executive Risk practice, starting with a consultation, for private companies from seed round onward.

Lockton fits buyers who want a named crime claims team and itemized perils; Newfront serves private companies from seed stage and more than 500 public companies, with a 24/7 dashboard but no separate crime wording. ^1,²

What Are the Key Differences Between Lockton and Newfront Crime Insurance?

Newfront describes integrated claims negotiation and round-the-clock policy access across Executive Risk, but groups crime with fidelity rather than listing crime agreements. ² ¹

Itemized Crime and Fidelity Versus a Combined Label

Lockton places Crime and Fidelity as a brokered program, not a policy it underwrites, and lists employee theft, forgery or alteration of negotiable instruments, theft on or off premises, computer fraud, counterfeit currency, and social-engineering impersonation fraud. Newfront brokers crime as part of Executive Risk, grouped with fidelity under one Key Coverages entry, and its Executive Risk page does not separately describe crime-specific insuring agreements such as employee theft, computer fraud or funds-transfer fraud. Neither page names the insurer. ¹ ²

Claims Counsel in the Broking Team Versus Integrated Negotiation

Lockton says its Professional & Executive Risk Claims team integrates insurance and claims counsel within the broking team rather than treating claims advocacy as a separate profit center. Newfront says it provides integrated claims and coverage negotiation for Executive Risk lines, which would apply to a crime claim, and that clients get 24/7 dashboard access to policies, certificates and billing with renewals using pre-populated historical data. ¹ ²

Who Each Practice Names as a Buyer

Lockton says crime coverage is relevant to nonprofit, private and public organizations of any sector and calls out small businesses as particularly exposed because they often lack fraud-prevention and auditing resources. Newfront says Executive Risk services private companies from seed round through every series of funding and describes work with over 500 publicly traded companies, without a crime-specific eligibility threshold. ¹ ²

What Should You Confirm in Lockton and Newfront Crime Insurance Quotes?

Ask Newfront which agreements sit under Fidelity and Crime compared with Lockton’s listed claim types. ² ¹
If you are a financial institution, ask Lockton whether a financial institution bond is required. ¹
Compare how each firm would handle a crime claim: Lockton’s Professional & Executive Risk Claims team versus Newfront’s integrated claims negotiation. ¹ ²
Get the writing company and limits from both. ¹ ²

Lockton vs Newfront Crime Insurance Compared

Lockton vs Newfront: Crime Insurance: documented features by provider

Criteria	Lockton Crime and Fidelity Insurance Brokerage	Newfront Fidelity and Crime Insurance
Who It’s For	Lockton says crime coverage is relevant to nonprofit, private and public organizations of any sector, and calls out small businesses as particularly exposed because they often lack fraud-prevention and auditing resources. It also notes financial institutions are frequently required to carry a financial institution bond, distinct from general crime coverage. ¹Company-reported. Crime and Fidelity product page as read 2026-09-23.	Newfront says its Executive Risk practice services private companies from seed round through every series of funding, and describes work with over 500 publicly traded companies, without a crime-specific eligibility threshold. ²Company-reported. Here for the Long Run section; figures describe the executive-risk practice broadly, not crime coverage specifically.
Coverage Features	Lockton lists the claim types a crime and fidelity program is meant to address: employee theft, forgery or alteration of negotiable instruments, theft on or off premises, computer fraud, counterfeit currency, and social engineering (impersonation) fraud involving customers, vendors or employees. ¹Company-reported. Product page as read 2026-09-23; a capability/claim-type list, not a specimen policy.	Newfront lists "Fidelity and Crime" among the Key Coverages of its Executive Risk program. The page does not separately describe crime-specific insuring agreements such as employee theft, computer fraud or funds-transfer fraud. ²Company-reported. Executive Risk page Key Coverages list; crime and fidelity are bundled in one line item.
Role in This Line	Lockton places Crime and Fidelity insurance to protect businesses against financial losses from theft, fraud, forgery and embezzlement by employees or third parties; it describes this as a brokered program, not a policy Lockton underwrites. ¹Company-reported. Crime and Fidelity product page as read 2026-09-23.	Newfront brokers crime coverage as part of its Executive Risk practice, which it groups with fidelity coverage under one Key Coverages entry. It negotiates placement rather than underwriting the risk. ²Company-reported. Executive Risk offering page; crime and fidelity are listed together, not as separately described products.
Claims Support	Lockton says its Professional & Executive Risk Claims team, which integrates insurance and claims counsel within the broking team rather than treating claims advocacy as a separate profit center, handles Crime and Fidelity claims. ¹Company-reported. Product page as read 2026-09-23. Describes Lockton's advocacy role, not an insurer's claim-paying obligation.	Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a crime claim. ²Company-reported. The Newfront Difference section; described across Executive Risk lines, not a crime-specific claims workflow.