What Are the Key Differences Between Berkshire Hathaway Specialty Insurance and Lockton General Liability Insurance?
Insurer product features and broker-designed programs
Berkshire Hathaway Specialty Insurance markets primary GL with contractor broad-form and gradual-pollution features. Lockton describes itself as a broker that designs custom program structures using insurers across the global market. Buyers comparing these routes should clarify whether they want to evaluate BHSI’s direct product appetite or ask Lockton to structure a broader carrier placement; Lockton’s page does not establish that BHSI is among the markets for a given risk. [1] [7]
Premium floor and service team model
BHSI’s guide establishes a $50,000 minimum premium per policy. Lockton says clients keep the same dedicated service team through placement and names global manufacturers, contractors, healthcare firms, REITs and others as target clients. A smaller risk may find BHSI’s threshold decisive; a complex or multinational buyer can ask Lockton how its team will coordinate the placement and service. [2] [6]