Lockton vs Newfront Crime Insurance

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. ⁴Company-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. ⁹Company-reported. Executive Risk offering page; crime and fidelity are listed together, not as separately described products.

The page does not name the insurers Lockton places crime and fidelity coverage with. ⁴Not publicly disclosed. Crime and Fidelity page checked 2026-09-23.

The reviewed Executive Risk page does not name the insurer or insurers that would issue a crime policy placed through Newfront. ⁹Not publicly disclosed. Executive Risk page as read on 2026-09-23; carrier depends on the specific placement.

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. ⁴Company-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. ⁹Company-reported. Here for the Long Run section; figures describe the executive-risk practice broadly, not crime coverage specifically.

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. ⁴Company-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. ⁹Company-reported. Executive Risk page Key Coverages list; crime and fidelity are bundled in one line item.

Not described in the reviewed sources.

Newfront's Executive Risk page does not publish limits or retentions for crime coverage. ⁹Not publicly disclosed. Executive Risk page as read on 2026-09-23.

Not described in the reviewed sources.

Newfront says clients get 24/7 access to their insurance program, including policies, certificates of insurance and billing, through its connected dashboard, and that renewal submissions use pre-populated historical data. ⁹Company-reported. Industry-Leading Technology section; described across Executive Risk lines, not crime-specific.

Not described in the reviewed sources.

You start a crime coverage placement by requesting a consultation through Newfront's Executive Risk page. ⁹Company-reported. Executive Risk page call-to-action; no online quoting or binding described.

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. ⁴Company-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. ⁹Company-reported. The Newfront Difference section; described across Executive Risk lines, not a crime-specific claims workflow.