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

Corgi sells crime as a standalone startup policy with online instant quotes and an illustrative $1,000,000 limit; Alliance Risk is a brokerage that lists crime exclusions such as cyber breach, for businesses that handle cash, payments or sensitive data.

Corgi sells a standalone crime and fidelity policy online, aimed at fintechs, payroll companies and marketplaces, with an illustrated $1 million limit and $10,000 retention. Alliance Risk brokers crime coverage for a wider mix of businesses but doesn't publish limits. ^1,^2,³

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

Same-Day Startup Policy or Brokered Placement

Corgi says you can get an online quote in under 10 minutes and a binder the same day, which matters if a sponsor bank or Banking-as-a-Service partner is holding up your launch until you show proof of crime cover. Alliance Risk names cash-handling businesses, accounting and procurement teams, nonprofits with volunteer financial oversight, and finance, retail, healthcare and logistics firms as typical buyers, and publishes no online quote or bind time. Choose Corgi if you're a fintech, payroll company or marketplace that needs cover fast to go live; choose Alliance Risk if you're a nonprofit, retailer or other cash-handling business that wants a broker to arrange cover, including theft of client property by endorsement. ³ ¹

Discovery Timing and Retention

Both tie cover to when a loss is found. Corgi writes on a discovery basis: a loss found during the policy period is covered even if the theft happened earlier, and you can buy up to one year after termination to report a loss. Alliance Risk says losses not discovered during the policy period are excluded and doesn't mention an extended reporting period. Corgi's example shows a $10,000 retention; Alliance Risk publishes only premium ranges, from $500–$2,000 a year for small businesses. ³ ¹

Payment Fraud Sublimit and Callback Condition

Both list social-engineering fraud. Corgi says it's commonly sublimited to $250,000 and requires documented out-of-band checks before anyone changes vendor wire instructions. Alliance Risk publishes no sublimit or control condition. If your staff can redirect vendor payments, set up callback verification before you apply and check whether $250,000 covers a realistic loss. ³ ¹

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

Ask Corgi which insurer will issue your policy; its disclaimers name affiliated or partner carriers without saying which writes crime. ⁴
Ask Alliance Risk for the proposed insurer, dollar limits and retention, since its page gives only premium ranges. ¹

Alliance Risk vs Corgi Crime Insurance Compared

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

Criteria	Alliance Risk Crime Insurance	Corgi Crime & Fidelity
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.	Corgi positions Crime & Fidelity primarily for fintechs, payroll companies and marketplaces that move customer funds, noting it is frequently required by sponsor banks and Banking-as-a-Service (BaaS) partners before a fintech can go live. ³Company-reported. Industry-applicability section of the product page; other startups can also buy the policy, and eligibility for any given business depends on underwriting.
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.	The standard policy bundles four insuring agreements: employee dishonesty, social engineering fraud (business email compromise), computer fraud, and funds transfer fraud, plus forgery and alteration of checks or drafts. ³Company-reported. Coverage summary for form CORG-CRM-0100; the illustrated scenarios are examples, not a guarantee of coverage for a specific claim, and the issued policy controls. Social engineering fraud (business email compromise) is commonly sublimited to $250,000 against the $1 million policy aggregate, and Corgi conditions the sublimit on out-of-band verification controls for changes to vendor wire instructions. ³Company-reported. Product-page scenario notes and FAQ; the exact sublimit and required controls are underwriting-dependent and confirmed on the declarations page. Corgi's Crime & Fidelity policy is written on a discovery basis, meaning coverage attaches when a loss is discovered during the policy period regardless of when the underlying dishonest act occurred, and it offers an optional discovery period of up to one year after termination to report a loss. ³Company-reported. Product-page glossary and FAQ description of form CORG-CRM-0100.
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.	Corgi sells Crime & Fidelity as a standalone startup policy, describing it as first-party coverage that pays the company back when money (not data) is stolen through employee theft, social engineering, computer fraud, forgery or funds-transfer fraud. ³Company-reported. Product page for form CORG-CRM-0100, last reviewed by Corgi on April 24, 2026 per the page itself.

Criteria

Alliance Risk Crime Insurance

Corgi Crime & Fidelity

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.

Corgi positions Crime & Fidelity primarily for fintechs, payroll companies and marketplaces that move customer funds, noting it is frequently required by sponsor banks and Banking-as-a-Service (BaaS) partners before a fintech can go live. ³Company-reported. Industry-applicability section of the product page; other startups can also buy the policy, and eligibility for any given business depends on underwriting.

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.

The standard policy bundles four insuring agreements: employee dishonesty, social engineering fraud (business email compromise), computer fraud, and funds transfer fraud, plus forgery and alteration of checks or drafts. ³Company-reported. Coverage summary for form CORG-CRM-0100; the illustrated scenarios are examples, not a guarantee of coverage for a specific claim, and the issued policy controls.

Social engineering fraud (business email compromise) is commonly sublimited to $250,000 against the $1 million policy aggregate, and Corgi conditions the sublimit on out-of-band verification controls for changes to vendor wire instructions. ³Company-reported. Product-page scenario notes and FAQ; the exact sublimit and required controls are underwriting-dependent and confirmed on the declarations page.

Corgi's Crime & Fidelity policy is written on a discovery basis, meaning coverage attaches when a loss is discovered during the policy period regardless of when the underlying dishonest act occurred, and it offers an optional discovery period of up to one year after termination to report a loss. ³Company-reported. Product-page glossary and FAQ description of form CORG-CRM-0100.

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.

Corgi sells Crime & Fidelity as a standalone startup policy, describing it as first-party coverage that pays the company back when money (not data) is stolen through employee theft, social engineering, computer fraud, forgery or funds-transfer fraud. ³Company-reported. Product page for form CORG-CRM-0100, last reviewed by Corgi on April 24, 2026 per the page itself.