Lockton vs TechInsurance: How Do They Compare for D&O Insurance?

Lockton designs and places D&O programs, while TechInsurance arranges coverage and explains its role in legal costs tied to management decisions.

TechInsurance is the low-cost, simple option for small boards: buy D&O alone or add it to general liability or a business owner's policy, at a median of $133 a month. Lockton designs custom programs for larger or complex organizations and embeds claims counsel in your broking team. ^2,¹

What Are the Key Differences Between Lockton and TechInsurance D&O Insurance?

Published Price and Add-On vs a Designed Program

TechInsurance targets companies with active boards, such as employers with stockholders, VC-backed startups and nonprofits, and prices by limit, deductible, jurisdiction, industry, headcount, revenue, claims history and IPO potential. Lockton designs and places D&O programs and publishes no prices, tracking emerging risks like AI-related litigation. Choose TechInsurance if you're a small company or nonprofit wanting affordable D&O quickly; choose Lockton if you're larger, public, or need a program built around unusual exposures. ² ¹

Who the Policy Covers

Lockton says its programs can extend to trustees, employees, contractors, committee members, volunteers, subsidiaries, spouses and estates. TechInsurance describes standard Side A, B and C cover without that wider list, and excludes criminal acts like fraud or embezzlement. If volunteers or committee members make decisions for you, ask about Lockton's broader roster. ¹ ²

Claims Counsel vs Claims-Made Basics

Lockton puts insurance and claims counsel on your broking team from the start. TechInsurance's D&O is claims-made: it only responds if the policy is active when the claim is made, so don't let it lapse. ¹ ²

What Should You Confirm in Lockton and TechInsurance D&O Insurance Quotes?

Compare your TechInsurance quote with its $133 median, and check the limit it buys. ²
Ask TechInsurance whether your D&O is standalone or an endorsement, and which insurer issues it. ²
Ask Lockton which insurers it will approach and which extra insured groups it will name. ¹

Lockton vs TechInsurance D&O Insurance Compared

Lockton vs TechInsurance: D&O Insurance: documented features by provider

Criteria	Lockton Directors & Officers (D&O) Insurance Brokerage	TechInsurance Directors and Officers Insurance (D&O)
Who It’s For	Lockton says D&O coverage it places can extend beyond directors and officers to trustees, employees, independent contractors, staff, committee members, volunteers, the corporate entity, majority-owned subsidiaries, spouses/domestic partners, and estates/heirs. ¹Company-reported. D&O product page as read 2026-09-23. Describes who can typically be covered under a program Lockton structures, not a guarantee for any specific client.	TechInsurance targets D&O at companies with an active board, naming employers with employees or stockholders, venture-backed startups (where investor term sheets often require the coverage), and nonprofits (where most states require a board of directors) as examples. ²Company-reported. D&O product page, Who needs D&O insurance coverage? section.
Coverage Features	Lockton explains a traditional D&O program in three parts it says it can structure: Side A (direct coverage to individual directors/officers when the company can't indemnify them), Side B (reimbursing the company for indemnifying its D&Os), and Side C (entity coverage, generally limited to securities claims for public companies but broader for private and nonprofit organizations). ¹Company-reported. D&O product page as read 2026-09-23. General educational description of program structure, not a specimen policy form.	TechInsurance says D&O covers legal costs when directors, board members or officers are sued over employment practices, fund mismanagement, failure to follow corporate bylaws, regulatory non-compliance, or IP infringement or libel tied to their decisions, and structures coverage into Side A (personal protection), Side B (company reimbursement) and Side C (entity coverage, mainly for public-company securities claims). ²Company-reported. D&O product page; general policy description, not a specific policy form. TechInsurance says D&O is a claims-made policy, meaning coverage applies only if the policy is active when a claim is made, and that criminal acts by directors or officers, such as fraud or embezzlement, are excluded. ²Company-reported. D&O product page, How does directors and officers insurance work? and exclusions sections.
Role in This Line	Lockton designs and places D&O programs rather than underwriting them, saying effective coverage requires market intelligence, coverage-design precision and staying ahead of emerging risks like AI-related litigation and event-driven claims. ¹Company-reported. D&O product page as read 2026-09-23.	TechInsurance arranges directors and officers (D&O) insurance, a type of management liability insurance, and says it can be purchased as a standalone policy or as an endorsement to a general liability policy or business owner's policy. ²Company-reported. D&O product page.

Criteria

Lockton Directors & Officers (D&O) Insurance Brokerage

TechInsurance Directors and Officers Insurance (D&O)

Who It’s For

Lockton says D&O coverage it places can extend beyond directors and officers to trustees, employees, independent contractors, staff, committee members, volunteers, the corporate entity, majority-owned subsidiaries, spouses/domestic partners, and estates/heirs. ¹Company-reported. D&O product page as read 2026-09-23. Describes who can typically be covered under a program Lockton structures, not a guarantee for any specific client.

TechInsurance targets D&O at companies with an active board, naming employers with employees or stockholders, venture-backed startups (where investor term sheets often require the coverage), and nonprofits (where most states require a board of directors) as examples. ²Company-reported. D&O product page, Who needs D&O insurance coverage? section.

Coverage Features

Lockton explains a traditional D&O program in three parts it says it can structure: Side A (direct coverage to individual directors/officers when the company can't indemnify them), Side B (reimbursing the company for indemnifying its D&Os), and Side C (entity coverage, generally limited to securities claims for public companies but broader for private and nonprofit organizations). ¹Company-reported. D&O product page as read 2026-09-23. General educational description of program structure, not a specimen policy form.

TechInsurance says D&O covers legal costs when directors, board members or officers are sued over employment practices, fund mismanagement, failure to follow corporate bylaws, regulatory non-compliance, or IP infringement or libel tied to their decisions, and structures coverage into Side A (personal protection), Side B (company reimbursement) and Side C (entity coverage, mainly for public-company securities claims). ²Company-reported. D&O product page; general policy description, not a specific policy form.

TechInsurance says D&O is a claims-made policy, meaning coverage applies only if the policy is active when a claim is made, and that criminal acts by directors or officers, such as fraud or embezzlement, are excluded. ²Company-reported. D&O product page, How does directors and officers insurance work? and exclusions sections.

Role in This Line

Lockton designs and places D&O programs rather than underwriting them, saying effective coverage requires market intelligence, coverage-design precision and staying ahead of emerging risks like AI-related litigation and event-driven claims. ¹Company-reported. D&O product page as read 2026-09-23.

TechInsurance arranges directors and officers (D&O) insurance, a type of management liability insurance, and says it can be purchased as a standalone policy or as an endorsement to a general liability policy or business owner's policy. ²Company-reported. D&O product page.