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Lockton vs RiskCube: How Do They Compare for Business Insurance?

Lockton designs international insurance programs for technology companies; RiskCube focuses on startup coverage and customer-contract support.

An Overview of Lockton and RiskCube

A technology company opening overseas offices may need local-policy coordination and contract review across countries. Lockton describes international program design; RiskCube focuses on startup coverage and vendor requirements. 2 23 28 Choose Lockton for overseas expansion; choose RiskCube if your startup needs customer-contract requirements addressed.

What Stands Out About Lockton and RiskCube?

Lockton at a Glance

  • Lockton brokers help businesses arrange insurance, employee benefits and retirement programs. 1,13,20Company-reportedCompany-reported US brand and Terms of Business. The contracting Lockton company can differ by client. Private-ownership and independence claims are marketing statements, not a regulatory finding.
  • Technology clients can compare options for cyber, D&O, liability, property and benefits with Lockton. 2,3,4,5,6,7,8,9,10Company-reportedDirect US product and industry pages accessed 16 September 2026. Technology errors and omissions is discussed in educational Lockton articles but was not added from those articles alone. Catalogue entries from the private-equity page are marketed in that industry context.

RiskCube at a Glance

  • Compare available quotes from multiple insurers through RiskCube. 23,26,25,27Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.
  • Manage policies, certificates and renewal reminders on RiskCube’s platform. 23,26Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

Lockton vs RiskCube Coverage Lines Compared

CoverageLocktonRiskCube
Cargo and transitListed 5Lockton arranges cargo insurance.Not listed
Commercial autoListed 5Lockton arranges commercial auto insurance.Not listed
Commercial propertyListed 6Lockton arranges commercial property insurance.Not listed
CrimeListed 10Lockton arranges commercial crime insurance.Listed 27RiskCube arranges commercial crime insurance for startups.
Cyber liabilityListed 3,2Lockton arranges cyber insurance.Listed 27RiskCube arranges cyber insurance for startups.
Directors and officersListed 4,2Lockton arranges directors and officers liability insurance.Listed 27RiskCube arranges directors and officers liability insurance for startups.
Employee health and benefitsListed 8Lockton arranges employee health and benefits programs.Not listed
Employment practices liabilityListed 10Lockton arranges employment practices liability insurance.Listed 27RiskCube arranges employment practices liability insurance for startups.
Fiduciary liabilityListed 9Lockton arranges fiduciary liability insurance.Listed 27RiskCube arranges fiduciary liability insurance for startups.
General liabilityListed 5Lockton arranges general liability insurance.Listed 27RiskCube arranges general liability insurance for startups.
Generative AI liabilityNot listedListed 27RiskCube markets AI insurance for startups building AI products.
Key personListed 10Lockton arranges key person insurance.Listed 31RiskCube markets key person life insurance placement for startups.
Product liabilityListed 5Lockton arranges product liability insurance.Not listed
Professional errors and omissions (E&O)Listed 10Lockton arranges professional errors and omissions insurance.Not listed
Representations and warrantiesListed 10Lockton arranges representations and warranties insurance.Not listed
Surety bondsListed 10Lockton arranges surety bonds.Not listed
Technology errors and omissions (E&O)Not listedListed 29RiskCube arranges technology errors and omissions insurance for startups.
Umbrella and excess liabilityListed 5Lockton arranges umbrella and excess liability insurance.Not listed
Workers’ compensationListed 7,5Lockton arranges workers’ compensation insurance.Not listed

A listing may be arranged through an insurer or partner. “Not listed” means we have no separate offering page for it; ask the provider whether it can quote the coverage and request the policy terms.

Lockton and RiskCube Coverage, Line by Line

Open what Lockton and RiskCube each publish for one coverage line.

Lockton and RiskCube Reliability Scores

Each score uses the criteria for that provider’s role. Providers with more than one role may have a score for each.

Lockton and RiskCube Review Scores for 2026

These averages can combine ratings for different products, locations, and customer groups, including approximate BBB grade conversions. Read each review for its sources, what it covers and how the score is calculated.

Lockton Review Score

8.4/ 10

Review Score

3 rated sources

Lockton’s reviews vary by office and entity. Local Google-derived ratings provide some service feedback, but no reliable firmwide verdict.

Read Lockton reviews

RiskCube Review Score

-/ 10

Review Score

No reviews found

RiskCube has no public customer reviews or ratings that we found, so there is no Review Score. That isn't a bad sign, just not enough to judge.

Read RiskCube reviews

Key Differences Between Lockton and RiskCube

International Design Is an Engagement Deliverable

Lockton’s technology service description creates a concrete starting point for asking about cross-border program design. Confirm the country-by-country placement route and any minimum account size with Lockton. RiskCube’s reviewed catalogue and startup positioning do not settle that assignment either. Give both brokers the same entity and operations schedule, then request an explanation of which policies and local arrangements they propose. 2 27 23

Lockton also markets private-equity portfolio and transaction capabilities. Those services are scoped to that practice; a startup should not assume that every engagement includes the full private-equity offering. 10

Identify Who Negotiates and Who Can Bind

Lockton describes dedicated casualty teams and says its property team negotiates with markets rather than handing work to a remote broking center. Its terms nevertheless state that it is generally not authorized to bind insurers, subject to disclosed exceptions. RiskCube’s terms require written binding confirmation and applicable conditions. A responsive broker and a completed submission are therefore distinct from confirmed coverage under either route. 5 6 13 26

Lockton’s public technology page describes a round-the-clock service model, while RiskCube describes digital documents, certificates and renewals. Ask how the offered engagement handles a request arriving from a different time zone, including the person authorized to approve a change. Public service descriptions are not account-specific response commitments. 2 28

Read Compensation Together with the Exit Terms

Lockton’s terms describe commissions as fully earned at inception unless law or insurer contracts provide otherwise, and allow negotiated fees and other compensation. RiskCube’s disclosures allow fees and transaction charges despite its no-fee marketing. For a program likely to change during expansion, request the treatment of broker compensation when policies change or cancel, separately from the insurer’s premium adjustment. 13 25

Both describe claims advocacy. Lockton’s specialist-team description and RiskCube’s human-led support establish services to scope, not a basis for predicting settlement quality. 11 28

What Should You Confirm in Lockton and RiskCube Quotes?

  • What program design covers the named entities and countries, and who coordinates any local placements? 2 27
  • Who negotiates, services and confirms binding, and what response commitment applies across time zones? 13 26
  • Which legal producer and California authority apply, and what compensation remains payable after a change or cancellation? Lockton’s certificate-header license and RiskCube’s license list remain company-reported evidence. 21 13 24 25

Lockton vs RiskCube Services Compared

What each provider says about the services you may need

CriteriaLocktonRiskCube
Customer focus

Technology, hardware, software, internet, medical-device, semiconductor and telecom organizations can ask Lockton about brokerage; public pages give no company-size, funding or revenue minimum. 1,2,10Company-reportedUS technology, homepage and private-equity service pages. Presence of a technology practice is not an eligibility guarantee for a bootstrapped or early-stage startup.

Venture-backed startups from pre-seed through IPO and other growing businesses can ask RiskCube about SaaS, AI, fintech, GovTech, space and Web3 risks. 28Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

Access to insurers

Ask which insurer will issue your policy because Lockton does not promise a particular carrier or acceptable terms; its pages mention 100+ workers’ compensation markets without naming them and do not identify insurers for your policy. 13,3,7Not publicly disclosedUS Terms of Business, cyber-technology, and workers’ compensation marketing. Not a finding that Lockton lacks carrier access.

RiskCube says it compares multiple insurers, but does not identify the carrier for a specific California applicant; ask for the insurer and surplus-lines status. 23,26,25,27Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

Application process

You can start with a Lockton team inquiry or email its cyber and technology group; reviewed pages do not offer a self-service bind flow or guaranteed quote turnaround. 12,1,15,3,14Company-reportedUS contact, privacy, technology and cyber-technology pages. Form submission was not completed. Website terms state site content is general information, not broking advice.

RiskCube describes a digital intake followed by AI-assisted, broker-reviewed comparison and purchase, but the application reviewed showed only a contact form. 23,33Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

Technology E&O applicants should prepare product, customer, revenue, contract, claims and incident details; RiskCube qualifies quote timing based on risk and underwriting complexity. 29Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

A quote is not coverage: RiskCube requires written confirmation from an insurer or authorized representative and satisfaction of binding conditions. 26Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

Servicing and renewals

Lockton describes dedicated account teams, risk control and renewal service, including a round-the-clock technology service model; confirm actual service commitments and portal features because public pages provide no standard service agreement. 5,2,13,6,1Company-reportedCompany service descriptions and default Terms of Business; a signed services agreement can differ. Portal capabilities remain undocumented in this review.

RiskCube says its platform supports policies, certificates and renewal notices; a certificate does not change policy coverage. 23,26Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

RiskCube says it reviews vendor insurance requirements and requested endorsements, but warns AI-assisted output may be incomplete; verify each contract term yourself. 28,26Company-reportedOfficial public RiskCube materials reviewed on September 16, 2026; company statements, not independent regulatory or policy verification.

Fees and compensation

Request all commissions and fees for your account: Lockton’s terms allow insurer commissions, client fees, contingent/supplemental compensation, insurer service fees, affiliate reinsurance income and finance interest, but publish no standard rates. 13Company-reportedCompensation Disclosure section of US Terms of Business. Amounts for a given account are not disclosed on the public site.

Get the total price and compensation in writing: RiskCube advertises no added broker fee but also allows service and processing fees, insurer/intermediary commissions and incentives. 23,28,25Conflicting sourcesMarketing/legal disclosure tension; not a finding that any individual client has been charged an undisclosed fee. No specific commission rate or service fee schedule established.

Provider Profiles for Lockton and RiskCube

Updated . 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. To suggest a correction, contact Spot with the page URL and supporting source.

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