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

Marsh cites complex crime placements from about $10 million to $110 million, handled through advisor-led engagement; Alliance Risk suits businesses with cash, payments or procurement teams and lists its exclusions.

Marsh is built for large, complex crime programs: it cites placements from about $10 million to $110 million and sells social-engineering top-ups over existing cover. Alliance Risk publishes typical premiums from $500–$2,000 a year for small businesses, but no limits. ^1,^2,^3,⁴

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

Large Programs vs Small-Business Price Guidance

Marsh's $10–$110 million figure is placement experience, not a standard limit, and middle-market accounts go through Marsh McLennan Agency (MMA), which places crime alongside fidelity. Alliance Risk's premium bands run up to $10,000–$50,000+ for large enterprises, so you can budget before you call. Choose Marsh if you need a high crime limit or an extra social-engineering layer over a program you already have; choose Alliance Risk if you are a smaller cash- or payments-handling business that wants a first crime policy. ³ ⁴ ¹

Both treat cyber and crime as separate buys. Marsh says crime policies usually exclude ransomware but most cover funds stolen by hackers; Alliance Risk sends breaches and hacking to a cyber policy and lists social-engineering impersonation and fraudulent funds transfer as crime events. If a hacker diverts a payment, ask each broker which policy would pay. ³ ¹

Advice During Placement

Marsh says its crime specialists share emerging-risk insights, claim examples and market conditions through renewal. Alliance Risk's crime page instead lists typical buyers, from nonprofits with volunteer finance oversight to healthcare and logistics firms, and exclusions such as owner dishonesty and business-income loss unless endorsed. Neither describes an online crime quote. ³ ¹

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

Ask Marsh whether MMA or Marsh corporate will handle your account. ⁴
Ask both for the actual limit, retention and premium; neither publishes a standard limit. ³ ¹
Ask both which insurer they propose; crime definitions and extensions differ by insurer. ³ ¹
Ask Alliance Risk whether business-income loss and client-property theft can be endorsed. ¹

Alliance Risk vs Marsh Crime Insurance Compared

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

Criteria	Alliance Risk Crime Insurance	Marsh Commercial Crime Insurance Brokerage
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.	Marsh lists employee white-collar fraud (including fidelity losses from trusted employees), third-party fraud, collusion, hacking or computer-related crime, social engineering fraud, and tangible asset theft as risks a commercial crime policy can address. It notes that crime policies usually exclude ransomware, though most cover direct financial losses from funds stolen by hackers. ³Company-reported. Commercial crime insurance page; the page is Marsh's global/UK financial-professional-liability practice content and cites a UK-based crime leader, so figures and coverage descriptions may not reflect a US-specific program.
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.	Marsh's financial and professional liability practice places commercial crime insurance; Marsh McLennan Agency (MMA), the middle-market subsidiary, also places crime coverage bundled with fidelity as part of its executive and professional liability practice. ^3,⁴Company-reported. Marsh corporate commercial crime page and MMA executive and professional liability page.

Criteria

Alliance Risk Crime Insurance

Marsh Commercial Crime Insurance Brokerage

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.

Marsh lists employee white-collar fraud (including fidelity losses from trusted employees), third-party fraud, collusion, hacking or computer-related crime, social engineering fraud, and tangible asset theft as risks a commercial crime policy can address. It notes that crime policies usually exclude ransomware, though most cover direct financial losses from funds stolen by hackers. ³Company-reported. Commercial crime insurance page; the page is Marsh's global/UK financial-professional-liability practice content and cites a UK-based crime leader, so figures and coverage descriptions may not reflect a US-specific program.

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.

Marsh's financial and professional liability practice places commercial crime insurance; Marsh McLennan Agency (MMA), the middle-market subsidiary, also places crime coverage bundled with fidelity as part of its executive and professional liability practice. ^3,⁴Company-reported. Marsh corporate commercial crime page and MMA executive and professional liability page.