Lockton vs Risklytics: How Do They Compare for Cyber Insurance?

Risklytics places cyber for robotics and AI firms and notes contracts often ask for $1 million or more; Lockton serves hardware, software and telecom sectors with security reviews.

Lockton brokers cyber with more than 100 associates who review security posture and run incident-response exercises, reached by a named leader and team email. Risklytics starts Cyber Liability through an online application, says there is no broker fee on top of premium, and reads whether prompt-injection or model leaks are covered before binding. ^1,^5,⁴

What Are the Key Differences Between Lockton and Risklytics Cyber Insurance?

A Risk-Engineering Bench or an Online Application With No Extra Fee

Lockton pairs placement with security-posture reviews and incident-response exercises and does not describe a self-serve quote. Risklytics starts through an online application, says there is no broker fee on top of premium, and keeps a licensed producer on the file until bind. Choose Lockton if you want pre-bind risk engineering from a large specialist team; choose Risklytics if you want to apply online with no extra broker fee and an AI-wording review. ¹ ⁵ ⁴

Prompt-Injection Wording Versus Incident Exercises

Risklytics says whether a prompt-injection attack or a model leaking data is covered depends on policy wording it reads before binding, and that Cyber Liability does not respond to a model giving bad output with no breach. Lockton describes running incident-response exercises and designing cyber-hygiene policies rather than that AI-wording check. ³ ¹

Typical Limit Ask Versus Unpublished Lockton Figures

Risklytics lists a typical enterprise-contract ask of $1 million or more. Lockton's reviewed pages do not publish cyber limits or retentions. ³ ¹

What Should You Confirm in Lockton and Risklytics Cyber Insurance Quotes?

Ask Lockton which insurers it would negotiate with. ¹
Ask Risklytics which specialist carrier would write the policy. ³
Ask Risklytics to show the prompt-injection wording it reviewed. ³
Confirm there is no extra broker fee on the Risklytics invoice. ⁵

Lockton vs Risklytics Cyber Insurance Compared

Lockton vs Risklytics: Cyber Insurance: documented features by provider

Criteria	Lockton Cyber & Technology Insurance Brokerage	Risklytics Cyber Liability Insurance
Who It’s For	Lockton's technology practice says it works with clients in electronic hardware, information technology, internet, medical equipment, semiconductors, software and telecommunications, and highlights cyber liability as a core exposure for those industries. ²Company-reported. Technology industry page as read 2026-09-23. No minimum company size or revenue threshold was published.	Risklytics says companies typically need this coverage the first time they hold customer data in production, and that enterprise and government contracts require it once a vendor touches their data. ³Company-reported. Lines page.
How to Apply	The Cyber & Technology page lists a named contact (its EVP, U.S. Cyber & Technology Leader) and the email cyber@lockton.com as the way to reach the team, rather than a self-serve online quote tool. ¹Company-reported. Cyber & Technology page as read 2026-09-23.	You start Risklytics Cyber Liability 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. ^5,⁴Company-reported. Pricing page describes the general application and fee process, not a line-specific form.
Role in This Line	Lockton brokers cyber insurance and pairs placement with its own risk-management advice under a three-step Inform, Improve, Insure approach: quantifying cyber financial exposure, recommending security improvements, then negotiating coverage terms with insurers. ¹Company-reported. Cyber & Technology product page as read 2026-09-23.	Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Cyber Liability Insurance with outside carriers; it says it does not underwrite policies itself. ⁴Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.
Risk Services	Lockton describes services beyond placement: reviewing a client's cybersecurity posture, running incident-response exercises, and helping design security governance frameworks and cyber-hygiene policies, delivered by a team it says has over 100 Associates specializing in cyber risk. ¹Company-reported. Cyber & Technology product page as read 2026-09-23.	Risklytics calls cyber the easiest line for its clients to get with reasonable security basics in place, and says whether a prompt-injection attack or a model leaking data is covered depends on policy wording it reads before binding. ³Company-reported. Lines page.