Lockton vs Travelers: How Do They Compare for Workers’ Compensation Insurance?

Lockton, a broker, brings dedicated programs and claims service advocates; Travelers underwrites workers' comp itself, sends buyers to a local agent, and reports 70% of injured employees back to work within 30 days.

Travelers underwrites workers’ comp directly and reports return-to-work results; Lockton brokers specialty programs such as captives and maritime coverage. ^2,¹

What Are the Key Differences Between Lockton and Travelers Workers’ Compensation Insurance?

Underwriter Versus Broker

Travelers underwrites the coverage directly and says it also provides risk control and claim services alongside the policy. ² Lockton is explicitly the broker rather than the insurer of record, naming specialty capabilities such as captive consulting, Texas non-subscription and Jones Act/USL&H programs that it places with outside markets. ¹

Choose Travelers if you want a direct carrier and published return-to-work results; choose Lockton if you need a captive, self-insurance or Jones Act/USL&H program. ²

Reported Outcomes Versus Named Programs

Travelers reports internal figures for its programs: 70% of injured employees returning to work within 30 days, a 40% decline in opioid use it attributes to an internal severity-prediction tool, and a network of 2.3 million medical providers.

Travelers reports internal outcome and cost-containment statistics for its workers-comp claim and risk-control programs, including 70% of injured employees returning to work within 30 days, a 40% decline in opioid use it attributes to its Early Severity Predictor tool, and access to a network of 2.3 million medical providers. ²Company-reported. Workers-compensation page statistics, sourced to Travelers internal data; these are company-reported outcomes, not independently verified.

Lockton's page doesn't publish comparable outcome statistics; it lists named program structures instead, such as self-insurance design, implementation and administration for qualified clients. ¹

What Should You Confirm in Lockton and Travelers Workers’ Compensation Insurance Quotes?

Ask Travelers whether its reported return-to-work and opioid-reduction figures reflect businesses similar to yours; they are company-reported, not independently audited. ²
Ask Lockton which specific insurer it would place your policy with among its named markets. ¹
If you're in a monopolistic state, ask Travelers about stop-gap employers liability coverage, since it cannot sell workers' compensation itself there. ²
If your operation needs a captive or self-insurance program, ask whether Travelers' standard policy offers a comparable structure. ¹

Lockton vs Travelers Workers’ Compensation Insurance Compared

Lockton vs Travelers: Workers’ Compensation Insurance: documented features by provider

Criteria	Lockton Workers' Compensation Insurance Brokerage	Travelers Workers Compensation Insurance
Coverage Features	Lockton lists specialty workers' compensation capabilities: alternative risk expertise including captive consulting and formation, Texas non-subscription consulting, Jones Act/Outer Continental Shelf/USL&H programs for maritime and offshore exposures, trucking solutions including occupational accident programs, and qualified self-insurance consulting, implementation, administration, design and placement. ¹Company-reported. Workers' Compensation product page as read 2026-09-23. A capability list, not a specimen policy.	Travelers says the policy covers employees' medical expenses and lost wages for job-related injuries and diseases, includes employers liability coverage for related lawsuits not covered by workers-comp law, and that employers in monopolistic states may add employers liability separately as stop-gap coverage. ²Company-reported. Product overview and 'What does workers comp cover?' FAQ; full inclusions and exclusions depend on the policy as issued and the applicable state.
Role in This Line	Lockton's workers' compensation team designs programs and analyzes their effectiveness through what it calls a strategic claims mitigation process; the team includes actuaries, claims advisors and safety specialists working alongside brokers. Lockton is the broker, not the insurer of record. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.	Travelers underwrites workers compensation insurance directly as a standalone line, separate from a business owner's policy, and says it also provides risk control and claim services alongside the policy rather than selling coverage alone. ²Company-reported. Workers-compensation product page, as read on 2026-09-23.
Risk Services	Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. ¹Company-reported. Workers' Compensation product page as read 2026-09-23. Lockton says it offers a full suite of safety services designed to reduce loss costs, OSHA consulting, loss forecasting and probability analysis, and claims service advocates to help ensure coverage and reduce retained loss costs. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.	Travelers reports internal outcome and cost-containment statistics for its workers-comp claim and risk-control programs, including 70% of injured employees returning to work within 30 days, a 40% decline in opioid use it attributes to its Early Severity Predictor tool, and access to a network of 2.3 million medical providers. ²Company-reported. Workers-compensation page statistics, sourced to Travelers internal data; these are company-reported outcomes, not independently verified.

Criteria

Lockton Workers' Compensation Insurance Brokerage

Travelers Workers Compensation Insurance

Coverage Features

Lockton lists specialty workers' compensation capabilities: alternative risk expertise including captive consulting and formation, Texas non-subscription consulting, Jones Act/Outer Continental Shelf/USL&H programs for maritime and offshore exposures, trucking solutions including occupational accident programs, and qualified self-insurance consulting, implementation, administration, design and placement. ¹Company-reported. Workers' Compensation product page as read 2026-09-23. A capability list, not a specimen policy.

Travelers says the policy covers employees' medical expenses and lost wages for job-related injuries and diseases, includes employers liability coverage for related lawsuits not covered by workers-comp law, and that employers in monopolistic states may add employers liability separately as stop-gap coverage. ²Company-reported. Product overview and 'What does workers comp cover?' FAQ; full inclusions and exclusions depend on the policy as issued and the applicable state.

Role in This Line

Lockton's workers' compensation team designs programs and analyzes their effectiveness through what it calls a strategic claims mitigation process; the team includes actuaries, claims advisors and safety specialists working alongside brokers. Lockton is the broker, not the insurer of record. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.

Travelers underwrites workers compensation insurance directly as a standalone line, separate from a business owner's policy, and says it also provides risk control and claim services alongside the policy rather than selling coverage alone. ²Company-reported. Workers-compensation product page, as read on 2026-09-23.

Risk Services

Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.

Lockton says it offers a full suite of safety services designed to reduce loss costs, OSHA consulting, loss forecasting and probability analysis, and claims service advocates to help ensure coverage and reduce retained loss costs. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.