Cowbell vs Lockton: How Do They Compare for Business Insurance?

Your policy’s named insurer remains responsible for coverage; Cowbell is an insurance platform and agency that may act as a general agent. Cowbell Insurance Agency LLC identifies itself as a US P&C producer. ^1,5,2Company-reported. Cowbell's current U.S. website and producer disclosure; the exact role can vary by product and placement.

Cowbell identifies Zurich as a $60 million Series C investor and partner, while Zurich describes Cowbell as its technology collaborator for Select Plus. The reviewed sources do not describe Cowbell as a Zurich subsidiary or say that Zurich underwrites every Cowbell product. ^4,19,3Company-reported. Ownership and commercial relationship characterization in Cowbell's 26 July 2024 financing announcement and current Zurich Select Plus page; no capitalization table was available.

You work with Lockton as a broker for risk, benefits and retirement programs; it arranges and services policies but is not the risk-bearing insurer. ^23,35,42Company-reported. Company-reported US brand and Terms of Business. The contracting Lockton company can differ by client. Private-ownership and independence claims are marketing statements, not a regulatory finding.

Confirm the legal producer on your California broker agreement: Lockton’s terms name Lockton Companies, LLC and affiliates, its site operator is Lockton, Inc., and certificates use Lockton Insurance Brokers, LLC as a California DBA. ^35,36,43Company-reported. Company legal disclosures and company-issued certificates. Missouri charter number 00498854 appears in website terms as a company statement. Current secretary-of-state and producer-license status were not independently verified.

Verify Lockton’s current California producer authority before appointing it: certificates list license 0F15767 for Lockton Companies, LLC dba Lockton Insurance Brokers, LLC, but status, classes and expiration were not independently checked. ^43,44Not found in reviewed sources. Company-issued certificate header versus CDI lookup homepage only. Not a finding that the license is inactive or that California product placement is unavailable.

You can compare Cowbell’s distinct admitted Prime 100/100 Pro, non-admitted Prime 250/Prime One and follow-form excess Prime Plus programs; their revenue fit, limits, coverage and jurisdiction differ. ^{9,11,12,13,14,15}Company-reported. Current U.S. broker-resource catalogue and product overviews. Product descriptions are illustrative and actual forms control.

Cowbell advertises up to $3 million for Prime 100 Pro, up to $10 million for select Prime One risks including AI and quantum exposures, and up to $5 million excess through Prime Plus; underwriting and policy terms control. ^12,14,15Company-reported. Selected differentiators in current U.S. product overviews; these are maximum advertised limits, not guaranteed buyer terms.

Eligible technology firms up to $1 billion revenue can ask about non-admitted Prime Tech, combining Tech E&O and cyber with up to $5 million limits; Prime Tech Plus is a separate excess option up to $5 million. ^16,17Company-reported. Current U.S. Prime Tech and Prime Tech Plus marketing overviews; product appetite and actual terms are subject to underwriting.

Private companies under 250 employees and $50 million assets may consider Zurich Select Plus for D&O, EPL, fiduciary or crime; Zurich says appointed E&S wholesalers use Cowbell’s platform. ^18,19Verified. Current Zurich Select Plus U.S. wholesale offering. Availability through a wholesaler does not guarantee eligibility or inclusion of all four modules.

Use your issued policy to decide what is covered: Cowbell says product overviews are examples only and do not alter coverage, conditions, exclusions, availability or underwriting. ^{11,12,13,14,15,16,17}Company-reported. Disclaimers in the current U.S. Prime 100, Prime 100 Pro, Prime 250, Prime One, Prime Plus, Prime Tech and Prime Tech Plus overviews.

Technology and private-equity buyers can ask about cyber, D&O, contract review and international programs; Lockton also lists casualty, property, fiduciary, benefits, E&O, crime, EPL, surety, key-person and transaction products. Actual forms, limits and eligibility require a quote. ^{24,25,26,27,28,29,30,31,32}Company-reported. Direct US product and industry pages accessed 16 September 2026. Technology errors and omissions is discussed in educational Lockton articles but was not added from those articles alone. Catalogue entries from the private-equity page are marketed in that industry context.

Buyers work through an insurance agent or broker; appointed agents use Cowbell’s platform to quote, bind and issue eligible products, and no direct-buyer quote path was documented. ^8,1,9,11Company-reported. Current public U.S. buyer and broker paths. This does not establish that every listed agent can access every Cowbell product.

You can start with a Lockton team inquiry or email its cyber and technology group; reviewed pages do not offer a self-service bind flow or guaranteed quote turnaround. ^{34,23,37,25,36}Company-reported. US contact, privacy, technology and cyber-technology pages. Form submission was not completed. Website terms state site content is general information, not broking advice.

Ask which insurer is on your declarations: Cowbell names Palomar for Prime 100/100 Pro, Palomar and Chaucer for Prime 250, Chaucer for Prime One, and more general carrier descriptions for excess, Tech Plus and Select Plus. ^{11,12,13,14,15,17,18,7}Company-reported. Named paper providers in the current reviewed product materials. The quote and policy must identify the actual insurer for a specific product, state and account.

Ask which insurer will issue your policy because Lockton does not promise a particular carrier or acceptable terms; its pages mention 100+ workers’ compensation markets without naming them and do not identify insurers for your policy. ^35,25,29Not publicly disclosed. US Terms of Business, cyber-technology, and workers’ compensation marketing. Not a finding that Lockton lacks carrier access.

Cowbell says its in-house cyber claims team and response panel are available 24/7; have your policy number, incident date, details and contact ready. The issuing insurer and policy determine coverage and payment. ^21,11,14Company-reported. Cowbell's current U.S. cyber claims-services page and product overviews; company-reported service description, not an independently measured outcome.

Lockton says its integrated claims team helps investigate, map facts to coverage and negotiate with insurers, but Lockton does not pay claims; service descriptions do not establish claim outcomes or quality. ^{24,26,31,33,29,35}Company-reported. Company-reported advocacy and consulting. Lockton is not identified as the claims-paying insurer.