Lockton vs USI Insurance Services: How Do They Compare for Cyber Insurance?

Both are brokers: Lockton serves tech sectors with security reviews, while USI Insurance Services targets middle-market firms with its PrivaSafe program, which includes up to $2 million of notification-cost coverage.

USI's PrivaSafe form publishes notification and defense amounts outside the main limit for middle-market firms. Lockton pairs placement with security reviews for hardware, software and telecom clients and does not post comparable numbers. ^3,²

What Are the Key Differences Between Lockton and USI Insurance Services Cyber Insurance?

Published Figures Versus Industry Advice

USI adds a custom PrivaSafe form to brokered cyber policies and posts numbers a buyer can check against likely breach costs.

USI says PrivaSafe can prevent uninsured or underinsured losses up to $10 million, includes up to $2 million in notification-cost coverage in addition to the policy's aggregate limit, and $250,000 in defense-cost coverage outside the limit (with additional limit available). ³Company-reported. Program page figures describe the PrivaSafe structure generally; a buyer's actual limits, sublimits and retentions are set on the policy declarations.

Lockton organizes its offer around advice and security reviews for hardware, software, telecom and other technology industries, without a branded form or posted limit schedule. Choose USI if those published extras matter to your response budget; choose Lockton if you need a technology-sector broker rather than a named manuscript form. ²

Middle-Market Firms Versus Named Technology Sectors

USI markets PrivaSafe to middle-market companies it says often lack in-house security expertise, and to any business that gathers personal data, runs a network or takes electronic payments. Lockton's stated client list is sector-based rather than size-based: electronic hardware, IT, medical equipment, semiconductors, software and telecommunications. ³ ²

How You Start

USI asks you to bring current cyber policies, a view of your largest cyber vulnerabilities and recent audited financials. Lockton lists a named U.S. Cyber & Technology leader and a published team email instead of a document checklist or online quote. ³ ¹

What Should You Confirm in Lockton and USI Insurance Services Cyber Insurance Quotes?

Ask USI whether the $10 million, $2 million notification and $250,000 defense figures appear on your quote. ³
Ask Lockton for the limits its placed carrier would offer. ¹
Get the issuing insurer from both; neither page names one. ³ ¹
Confirm whether you fit USI's middle-market pitch or Lockton's named technology sectors. ³ ²

Lockton vs USI Insurance Services Cyber Insurance Compared

Lockton vs USI Insurance Services: Cyber Insurance: documented features by provider

Criteria	Lockton Cyber & Technology Insurance Brokerage	USI PrivaSafe Cyber and Privacy Liability Program
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.	USI markets PrivaSafe to middle-market firms, saying they are particularly vulnerable to cyber events because they have limited in-house access to security expertise. The page also says any business that gathers personal or health information, manages a network, or accepts electronic payments is a potential target. ³Company-reported. Program page marketing description, not an underwriting appetite statement.
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.	To review cyber exposure with USI, the program page says a buyer should be ready to provide current cyber policies (if any), an assessment of its largest financial and operational cyber vulnerabilities, and its most recent audited financials. ³Company-reported. PrivaSafe program page intake description.
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.	USI is a broker, not an insurer, for cyber coverage. It places cyber and privacy liability policies for clients and layers on its own manuscripted program, PrivaSafe, rather than underwriting the risk itself. ^3,⁴Company-reported. PrivaSafe program page and USI's property & casualty and technology practice pages.
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.	USI says PrivaSafe includes pre-breach services to help avoid cyber threats and post-breach services designed to streamline incident response and recovery, on top of USI's general property & casualty cyber specialists. ^3,⁵Company-reported. Program page and property-casualty practice team description.