Lockton vs StartupInsurance.ai Commercial Property Insurance

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. ⁴Company-reported. Property product page as read 2026-09-23.

StartupInsurance.ai does not underwrite commercial property coverage itself. ContractorNerd Insurance Services, LLC, the licensed property and casualty agency behind the brand, is licensed in all 50 states and arranges placement; its terms describe the company as an insurance agency/producer that does not underwrite insurance. ^8,9,7Company-reported. ContractorNerd's terms and conditions and insurance-licenses page; describes the brokerage's general role, not commercial-property-specific placement terms.

The property page does not name the insurers Lockton places commercial property coverage with; it describes relationships across the global marketplace in general terms only. ⁴Not publicly disclosed. Property product page checked 2026-09-23.

The homepage's carrier panel names six insurers at the program level (The Hartford, Chubb, Coalition, Tokio Marine HCC, Travelers and CNA) but does not state which one, if any, underwrites a given company's commercial property policy. ⁷Not publicly disclosed. Carrier panel is program-wide rather than broken out by line; the insurer for a commercial property placement is not disclosed on the pages reviewed and varies by placement.

Not described in the reviewed sources.

The section frames these seven lines around founders "building robots, hardware, energy or defense tech," saying StartupInsurance.ai treats them as "our daily lines, not our exceptions" — positioning commercial property as a line it places regularly for hardware-adjacent startups with labs, workshops or warehouses, rather than as a rare add-on. ⁷Company-reported. Same homepage section; describes the target customer segment StartupInsurance.ai says it serves for this catalogue of lines, not formal underwriting eligibility criteria.

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. ⁴Company-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.

StartupInsurance.ai lists "Property" among seven lines in the homepage's "Physical risk, because AI outgrew software" section — Products Liability, Inland Marine, Tools and Equipment, Commercial Auto, Builders Risk, Surety and Property — offered alongside the core startup program of GL, cyber, D&O and related lines. The page uses the single word "Property" rather than "commercial property." ⁷Company-reported. Homepage "Physical risk, because AI outgrew software" section as read on 2026-09-23; the reviewed page names the line but does not describe building types, business personal property limits, or covered perils.

Not described in the reviewed sources.

The reviewed pages do not publish sample commercial property building or business-personal-property limits, coinsurance terms, or covered perils. ^7,6Not found in reviewed sources. Homepage and quote-intake screen as read on 2026-09-23; limits would only surface on an actual quote.

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. ⁴Company-reported. Property product page as read 2026-09-23. These are described capabilities, not a guarantee of outcome on any specific account.

Not described in the reviewed sources.

Not described in the reviewed sources.

The physical-risk section's call to action reads "Ask about your insurance requirements →" rather than the "Get Quotes" button used elsewhere on the homepage, indicating commercial property is discussed with a specialist rather than quoted through a self-serve form. ⁷Company-reported. Homepage "Physical risk, because AI outgrew software" section as read on 2026-09-23; the page does not describe what that conversation covers.

The public quote-application's coverage-selection screen offers seven checkboxes (D&O, Cyber, Tech E&O, EPL, Fiduciary, Crime and GL); Property is not one of them, so it is not part of that self-serve intake flow. ⁶Not found in reviewed sources. Initial coverage-selection screen of the quote application as read on 2026-09-23; a later screen or specialist conversation could still address this line.