Lockton vs Relm Insurance

Lockton’s US site describes the firm as an independent insurance brokerage that arranges customized risk, employee benefits and retirement solutions. US Terms of Business treat Lockton Companies, LLC and affiliated Lockton companies as intermediaries that market, place and service insurance, not as the risk-bearing insurer on a placed policy. ^1,13,20

Public US terms name Lockton Companies, LLC (and Series, subsidiaries and affiliates) as the brokerage group and Lockton, Inc. as the website operator. Certificates produced by Lockton also use the California DBA Lockton Insurance Brokers, LLC. Confirm the legal name on any broker-of-record or services agreement; these pages do not by themselves establish which entity would be appointed for a California company. ^13,14,21

Lockton-produced certificates print California license number 0F15767 for Lockton Companies, LLC DBA Lockton Insurance Brokers, LLC. Current license status, classes and expiration remain independently unverified. Treat California producer authority as unresolved until a regulator record or the proposed engagement papers are checked. ^21,22

Relm Insurance is a specialty insurance business serving emerging industries, including artificial intelligence. Its Bermuda insurer and US distribution operation have distinct roles. ^23,25,24

Relm identifies Relm Insurance Ltd. as its Bermuda-regulated insurer and Relm US Insurance Solutions Inc. as a US licensed producer. It describes its US operation as a managing general agent (MGA), an intermediary with delegated insurance authority. The Bermuda entity says it deals only through appropriately licensed brokers. ^24,25

For technology clients, Lockton highlights cyber liability and directors and officers liability, plus related services such as contract review and international program design. Dedicated US product pages describe brokerage for casualty lines (auto, cargo, general and product liability, umbrella and excess, workers’ compensation), commercial property, fiduciary liability for employee-benefit-plan fiduciaries, and People Solutions employee benefits. A private-equity capabilities list also names errors and omissions, crime and financial-institution bonds, employment practices liability, surety, key-person insurance, transaction insurance including representations and warranties, and portfolio-company programs. Actual policy wording, limits and whether a given buyer is offered those lines remain quote-dependent. ^{2,3,4,5,6,7,8,9,10}

Relm describes NOVAAI as cyber and technology errors and omissions insurance for AI platforms and developers. Its advertised protections include AI product and service liability, AI-generated content disputes, bias allegations and regulatory exposures; fines are covered only where legally insurable. These descriptions are not the terms of an issued policy. ^29,28

Relm markets PONTAAI as an excess difference-in-conditions wrap for AI-related gaps in existing liability programs. Its description includes negligence, intellectual-property infringement, discrimination and other AI liabilities. Whether it fills a particular exclusion depends on the underlying policies and the quoted wrap wording. ³⁰

Relm describes RESCAAI as first-party response insurance for businesses using third-party AI in operations or products. Advertised benefits address business interruption, reputational harm, AI-related product recall expenses and incident response, subject to the policy’s triggers and terms. ³¹

Relm’s wider catalogue lists D&O, employment practices, fiduciary liability, professional E&O, media liability, crime, cyber, technology E&O, general and product liability, excess liability, property, inland marine, contract surety and kidnap and ransom. It also lists digital-asset crime, slashing and smart-contract risks. These are advertised lines, not a California eligibility list. ²⁶

Relm’s tailored-product catalogue also identifies digital-asset and Web3 packages, fintech products for technology and financial-services providers, and space products for upstream and downstream businesses. Its kidnap and ransom announcement targets digital-asset and cannabis individuals and organizations. ^27,36

Lockton says it is not obligated to use any particular insurer, is generally not authorized to bind insurers except in circumstances it says it will try to disclose, and does not guarantee placement on acceptable terms. Cyber pages refer to insurer partners without naming them. The workers’ compensation page claims access to more than 100 regional, global and program markets without listing those markets. Surplus-lines insurers may appear in a proposal when admitted markets cannot meet requested terms. Named issuing companies for a buyer’s policies were not disclosed on the reviewed pages. ^13,3,7

Relm’s fronting announcement names Trisura Specialty Insurance Company in connection with US digital-asset risks, including D&O, cyber, technology E&O and crime. A fronting insurer issues the policy while another insurer supplies risk capacity. This announcement does not establish Trisura as the issuer of every Relm product or of a California AI policy. ³²

Public US application starts as an inquiry: the US contact form (Ask an Expert) and industry pages invite buyers to connect with a team. The privacy notice refers to soliciting an insurance policy quote. The Cyber & Technology page publishes cyber@lockton.com. Reviewed pages do not describe a self-serve bind flow, published quote turnaround, or an unauthenticated online application that issues a policy without a Lockton representative. ^12,1,15,3,14

Relm provides an inquiry form requesting contact details, company name and location. Its US launch describes access through distribution partners, and the website states that Relm Insurance Ltd. deals through licensed brokers. The reviewed pages do not establish instant quoting or online binding. ^33,25

Lockton publishes a US regional site, a Kansas City headquarters address, and California office listings in San Francisco, Los Angeles and Irvine under the heading Lockton Insurance Brokers. Those offices and the US website do not establish that a particular product is available to a California-domiciled company, or in every US state. Terms of Business also contemplate surplus-lines placements when admitted markets are not used. ^{16,17,18,19,13}

Relm’s legal page lists California insurance producer license 6013054 for Relm US Insurance Solutions Inc. This is company-reported and was not independently verified in a regulator record; that row does not list a California surplus-lines license. ²⁴

The reviewed AI product, US MGA and legal pages do not establish the issuing insurer, admitted or surplus-lines status, or placing broker for a California NOVAAI, PONTAAI or RESCAAI policy. California product availability remains to be confirmed for the applicant. ^24,25,28