Lockton vs 
Risklytics: How Do They Compare for Commercial Property Insurance?
Risklytics places property for leased offices and labs through outside carriers and an online application; Lockton brokers directly with underwriters and can tailor manuscript wording.
Risklytics says it serves robotics, autonomy and AI property risks with no separate broker fee; Lockton negotiates with underwriters and can customize policy wording. 4,3,1
What Are the Key Differences Between Lockton and Risklytics Commercial Property Insurance?
Who Each Line Is Built For
Risklytics targets robotics, autonomy and AI property risks and says its commission comes from the insurer, with no separate broker fee added to the premium. Lockton’s team negotiates directly with underwriters and can tailor policy wording; ask which markets it would approach for your industry. Choose Risklytics if you insure robotics, autonomy or AI equipment and want a specialist market; choose Lockton if you want a broker to negotiate custom terms. 2 3 1
What You Pay to Place It
Risklytics describes a specific fee structure:
You start Risklytics Commercial Property Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. 4,3Company-reported. Pricing page describes the general application and fee process, not a line-specific form.
Lockton's page does not describe a comparable fee structure for its property placements. 1
Online Application or Underwriter Negotiation
Risklytics says you apply online, with a licensed producer staying on the file until the program binds. 4 Lockton describes a different process: the same team that meets a client also negotiates directly with underwriters on their behalf, rather than a self-serve online application. 1
What Should You Confirm in Lockton and Risklytics Commercial Property Insurance Quotes?
- If your equipment travels off-site, ask Risklytics whether you need a separate Equipment or Inland Marine policy alongside its commercial property line. 2
- Ask Lockton whether it charges a separate fee on top of the premium, since its page does not state one. 1
- Get the issuing insurer from both; neither reviewed page names one. 2 1
- Ask both for published limits or deductibles, since neither discloses a specific figure.
Lockton vs Risklytics Commercial Property Insurance Compared
Lockton vs Risklytics: Commercial Property Insurance: documented features by provider
| Criteria | Lockton Property Insurance Brokerage | Risklytics Commercial Property Insurance |
|---|---|---|
| Coverage Features | Lockton says it can tailor its own proprietary manuscript property policy to a client's coverage needs, rather than only placing standard-form property policies. 1Company-reported. Property product page as read 2026-09-23. The manuscript form's actual wording and how it compares to standard forms was not published on this page. | Risklytics describes Commercial Property as paying to repair a leased office or lab and replace its contents after damage or theft on premises, such as a burst pipe soaking test rigs or a break-in emptying a workshop, and says it does not follow equipment once it leaves the premises (that is Equipment/Inland Marine). 2Company-reported. Lines page; the issued policy and declarations control actual coverage. |
| Role in This Line | Lockton's property team negotiates commercial property placements directly with underwriters rather than through a centralized broking center, and says the same team that meets a client also negotiates with the market on their behalf. 1Company-reported. Property product page as read 2026-09-23. | Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Commercial Property Insurance with outside carriers; it says it does not underwrite policies itself. 3Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line. |
| Risk Services | Lockton lists specific property services: detailed review of coverage terms, conditions and policy wordings; retention analysis for deductible selection; exposure and stratification-of-value analysis; catastrophic modeling; preparation of underwriting specifications; and assistance with complex claim recovery. 1Company-reported. Property product page as read 2026-09-23. These are described capabilities, not a guarantee of outcome on any specific account. | Risklytics calls commercial property the most standardized, easy-to-get policy it places. 2Company-reported. Lines page. |
