Alliance Risk vs CFC: How Do They Compare for Crime Insurance?

Alliance Risk is a brokerage placing crime for businesses that handle cash, payments or sensitive data; CFC carries crime inside its US Management Liability package and declines California-domiciled and US publicly traded risks.

CFC's crime cover comes bundled with its US management-liability package, which declines California-domiciled and US public companies. Alliance Risk brokers crime cover for employee theft, funds-transfer fraud and social engineering, so it is the route if CFC won't take you. ^1,^2,^3,⁴

What Are the Key Differences Between Alliance Risk and CFC Crime Insurance?

Bundled Package vs Brokered Crime Cover

With CFC you buy crime as one section of a wider management-liability policy, and its fintech package separately includes employee infidelity and third-party fraud. Alliance Risk shops crime cover for you and names cash-handling, payments, healthcare, retail and logistics businesses and nonprofits among typical buyers. Choose CFC if you are an eligible private company that also wants D&O and related cover in one policy; choose Alliance Risk if you are California-domiciled, publicly traded or only need crime. ³ ⁵ ¹

What Each Lists as Covered

Both list employee theft and funds-transfer fraud. Alliance Risk adds forgery, social-engineering impersonation and burglary and robbery, with client-property theft only by endorsement; CFC's brochure includes client crime and on- and off-premises theft in the crime section. Alliance Risk excludes business income lost to a crime unless endorsed, and it excludes dishonest acts by owners or partners. ¹ ³

Cost, Limits and Claims

Alliance Risk publishes typical premiums of $500–$2,000 a year for small businesses up to $10,000–$50,000+ for large ones; CFC publishes no price. Neither publishes crime limits or retentions. CFC gives a US claim-notification line and says a dedicated adjuster handles each claim, while Alliance Risk's crime page does not say who manages a claim. ¹ ³ ⁷

What Should You Confirm in Alliance Risk and CFC Crime Insurance Quotes?

Ask CFC whether you'd be quoted through management liability or the fintech package, and whether crime can be bought on its own. ³ ⁵
Get the crime limit, sublimits and retention in writing from both. ¹ ³
Ask both which insurer or Lloyd's syndicate issues the policy; neither names it for US crime cover. ¹ ⁶
Ask Alliance Risk to add client-property theft and business-income loss by endorsement if you need them. ¹
Ask Alliance Risk who you call to report a crime loss. ¹

Alliance Risk vs CFC Crime Insurance Compared

Alliance Risk vs CFC: Crime Insurance: documented features by provider

Criteria	Alliance Risk Crime Insurance	CFC Crime
Who It’s For	Alliance Risk lists businesses that handle cash, payments or sensitive data, companies with accounting, billing or procurement teams, nonprofits with volunteer financial oversight, and organizations in finance, retail, healthcare or logistics as common crime insurance buyers. ¹Company-reported. Crime product page, Who Needs Crime Insurance? section.	CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this crime coverage. ³Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.
Coverage Features	Alliance Risk's crime insurance page covers employee theft and embezzlement, forgery or alteration of checks or documents, fraudulent electronic funds transfer, social engineering fraud and impersonation, and burglary, robbery and safe burglary, with theft of client property available by endorsement. ¹Company-reported. Crime product page, What Does Crime Insurance Cover? section; actual policy structure depends on the carrier and the policy as issued. Alliance Risk says its crime coverage excludes business income loss from crime unless endorsed, cyber breach or hacking (which it says falls under a cyber policy instead), losses not discovered during the policy period, and dishonest acts by company owners or partners. ¹Company-reported. Crime product page, What Doesn't Crime Insurance Cover? section.	CFC's brochure describes company crime cover including employee theft, funds transfer fraud, and credit card and currency fraud. ³Company-reported. Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits. The brochure also lists client crime, meaning fraud by clients or their staff, and on-premises and off-premises theft, as part of the crime section. ³Company-reported. Brochure's 'Crime cover' description. CFC separately sells crime coverage for employee infidelity and third-party fraud within its fintech package. The reviewed pages do not state whether that fintech crime coverage is the same crime coverage sold inside the management-liability package. ^5,³Company-reported. Fintech product page compared against the management-liability brochure; both accessed 2026-09-23. This does not establish overlap or difference in wording between the two products.
Role in This Line	Alliance Risk arranges crime insurance placements as a brokerage; the crime page describes the coverage it places rather than an Alliance-issued policy. ^1,²Company-reported. Crime product page and the general brokerage disclosure on the coverage catalogue page.	CFC includes crime coverage inside its US Management Liability package. The reviewed management-liability materials do not offer it as a standalone product within that package. ^3,⁴Company-reported. Management-liability product page and brochure; package composition as CFC describes it.

Criteria

Alliance Risk Crime Insurance

CFC Crime

Who It’s For

Alliance Risk lists businesses that handle cash, payments or sensitive data, companies with accounting, billing or procurement teams, nonprofits with volunteer financial oversight, and organizations in finance, retail, healthcare or logistics as common crime insurance buyers. ¹Company-reported. Crime product page, Who Needs Crime Insurance? section.

CFC's brochure lists California-domiciled business and US publicly traded companies among the risks it declines for the package that carries this crime coverage. ³Company-reported. Brochure's 'What we decline' list; underwriting still applies to any individual business.

Coverage Features

Alliance Risk's crime insurance page covers employee theft and embezzlement, forgery or alteration of checks or documents, fraudulent electronic funds transfer, social engineering fraud and impersonation, and burglary, robbery and safe burglary, with theft of client property available by endorsement. ¹Company-reported. Crime product page, What Does Crime Insurance Cover? section; actual policy structure depends on the carrier and the policy as issued.

Alliance Risk says its crime coverage excludes business income loss from crime unless endorsed, cyber breach or hacking (which it says falls under a cyber policy instead), losses not discovered during the policy period, and dishonest acts by company owners or partners. ¹Company-reported. Crime product page, What Doesn't Crime Insurance Cover? section.

CFC's brochure describes company crime cover including employee theft, funds transfer fraud, and credit card and currency fraud. ³Company-reported. Brochure's 'Crime cover' description; the issued policy wording determines the actual insuring agreements and any sub-limits.

The brochure also lists client crime, meaning fraud by clients or their staff, and on-premises and off-premises theft, as part of the crime section. ³Company-reported. Brochure's 'Crime cover' description.

CFC separately sells crime coverage for employee infidelity and third-party fraud within its fintech package. The reviewed pages do not state whether that fintech crime coverage is the same crime coverage sold inside the management-liability package. ^5,³Company-reported. Fintech product page compared against the management-liability brochure; both accessed 2026-09-23. This does not establish overlap or difference in wording between the two products.

Role in This Line

Alliance Risk arranges crime insurance placements as a brokerage; the crime page describes the coverage it places rather than an Alliance-issued policy. ^1,²Company-reported. Crime product page and the general brokerage disclosure on the coverage catalogue page.

CFC includes crime coverage inside its US Management Liability package. The reviewed management-liability materials do not offer it as a standalone product within that package. ^3,⁴Company-reported. Management-liability product page and brochure; package composition as CFC describes it.