Beazley vs HUB International: How Do They Compare for Crime Insurance?

Private, public and not-for-profit organizations can have HUB International broker crime, but HUB describes no online quote flow, only a contact page; Beazley underwrites commercial crime and advertises limits up to $25 million.

Beazley insures commercial crime itself, advertises limits up to $25 million and spells out its fraud agreements; HUB is a broker that places crime cover for private, public and nonprofit organizations but publishes no limits, prices or insurers. ^1,²

What Are the Key Differences Between Beazley and HUB International Crime Insurance?

Insurer With Published Terms vs Broker Who Shops

Beazley is the insurer: you apply on its standalone crime application (with a separate social-engineering application) and it writes the policy, with limits up to $25 million. Beazley’s Commercial Crime is for ordinary commercial companies; banks and other financial institutions go to its separate Financial Fidelity Bonds. HUB brokers crime rather than insuring it, serves private, public and nonprofit organizations, and places cover with insurers that vary by client; you start by contacting a broker. Choose Beazley if you are a commercial company that needs a high limit and wants to know the insurer up front; choose HUB if you are a nonprofit or public entity, or want a broker to compare several insurers. ¹ ²

How Wire Fraud Is Handled

This is where Beazley’s published detail matters. Its fraudulent-instruction agreement covers wires sent to someone posing as a vendor, client or employee, but only if you verify payment instructions out of band (for example, a call-back); Beazley says it can remove that condition for documented controls at extra premium. HUB lists funds-transfer and computer fraud, plus vendor theft and asset misappropriation, without stating conditions, so ask for them on the quote. ¹ ²

Other Covered Losses

Beazley also names in-transit and on-premises loss, counterfeit currency, credit-card fraud and client-property loss. HUB frames the need with fraud statistics: organizations lose about 5% of revenue to fraud, cases take about 18 months to detect, and over 23% exceed $1 million. ¹ ²

What Should You Confirm in Beazley and HUB International Crime Insurance Quotes?

Ask HUB which insurer it proposes and the limit, deductible and premium; its page names none. ²
Ask Beazley for the retention and sublimits by insuring agreement, since only the $25 million maximum is published. ¹
Check whether your payment process meets Beazley’s out-of-band authentication condition before relying on social-engineering cover. ¹
Ask whether vendor theft and asset misappropriation, which HUB lists, appear on Beazley’s form. ² ¹

Beazley vs HUB International Crime Insurance Compared

Beazley vs HUB International: Crime Insurance: documented features by provider

Criteria	Beazley Commercial Crime	HUB International Crime Insurance Brokerage
Who It’s For	Beazley markets Commercial Crime to ordinary commercial companies, not to banks or other financial institutions, which it addresses separately through Financial Fidelity Bonds. ¹Company-reported. Product page target-customer language; no industry list or size threshold is published.	HUB says crime coverage is available for private, public and not-for-profit organizations. ²Company-reported. Product-page organization-type list; not a published underwriting appetite by size or industry.
How to Apply	Beazley lists a standalone Crime application, a Massachusetts-specific Crime application and a separate Social Engineering application among its Tools & Resources, distinct from the Financial Fidelity Bond application forms on the same page. ¹Company-reported. Tools & Resources section of the product page; the page does not describe an online quote or self-service purchase flow.	HUB directs prospects to connect with a broker through its business-insurance contact page; no online quote flow is described. ²Company-reported. Product-page call to action as read 2026-09-23.
Coverage Features	Beazley says Commercial Crime protects an organization from loss of money and securities caused by theft by its own employees, plus third-party-related losses such as forgery or alteration, on-premises and in-transit loss, money-order and counterfeit-currency fraud, computer fraud, client-property loss, credit-card fraud and related expense coverage. ¹Company-reported. Product-page description of insuring agreements; exclusions, conditions and available sub-limits appear only in the issued policy. Beazley says its Commercial Crime policy includes a fraudulent-instruction (social-engineering) insuring agreement covering losses from wire transfers made on instructions from someone posing as a vendor, client or authorized employee, and that this cover is conditioned on out-of-band authentication of payment instructions. ¹Company-reported. Product-page description; Beazley says the out-of-band-authentication condition can be removed for insureds with documented controls and response plans, subject to an additional premium.	HUB lists crime coverage types it arranges as employee theft, vendor theft, forgery, asset misappropriation, computer fraud and funds transfer fraud. ²Company-reported. Product-page coverage list; the issued policy and its exclusions control an actual claim. HUB cites industry statistics that organizations lose about 5% of revenue to fraud each year, that fraud often takes about 18 months to detect, and that more than 23% of fraud cases result in losses of $1 million or more, to frame the need for crime coverage. ²Company-reported. Product-page statistics are company-cited figures, not independently verified by us, and are general fraud statistics rather than HUB-specific claims data.
Role in This Line	Beazley underwrites Commercial Crime insurance for commercial companies. The same product page separately describes Financial Fidelity Bonds, a related but distinct product line for financial institutions. ¹Company-reported. Crime and Fidelity product page; distinguishes the commercial-company product from the financial-institution fidelity bond described on the same page.	HUB brokers commercial crime insurance rather than underwriting the coverage itself. ²Company-reported. Crime insurance product page as read 2026-09-23; the page does not name an issuing insurer.