Beazley vs 
Marsh: How Do They Compare for Fidelity Bonds?
Beazley insures Financial Fidelity Bonds for financial institutions and describes employee theft and related losses. Marsh bundles fidelity with commercial crime insurance; a Marsh or Marsh McLennan Agency specialist can discuss the combined placement.
Beazley sells standalone Financial Fidelity Bonds to financial institutions with limits up to $25 million; Marsh handles fidelity inside commercial-crime placements. 1,3,2
What Are the Key Differences Between Beazley and Marsh Fidelity Bonds?
Separate Institution Bond or Crime Placement
Beazley sells Financial Fidelity Bonds as a distinct product for financial institutions. Marsh includes fidelity with commercial crime rather than presenting a separate fidelity product; Marsh McLennan Agency also lists commercial crime/fidelity under executive liability. Choose Beazley if you need a named institution bond; choose Marsh if you want fidelity included in a broader commercial-crime placement. 1 2 3
Cover Lists and Claim Mix
Beazley describes employee theft plus forgery, on-premises and in-transit loss, computer fraud, client-property loss, credit-card fraud and related expenses. Marsh describes employee white-collar fraud—trusted employees exploiting systems for personal gain—as a risk a commercial crime policy addresses, and says those fidelity losses make up about half of crime-policy notifications in its data. Marsh’s figure is a company-reported claim mix, not a policy form. 1 2
Forms and Limits Versus Specialist Engagement
Beazley advertises limits up to US $25,000,000 and uses FI Bond Forms 14, 15, 24 and 25. Marsh’s reviewed pages do not name a crime or fidelity insurer and do not publish bond limits; you engage a Marsh or MMA crime and fidelity specialist directly. 1 2 3
What Should You Confirm in Beazley and Marsh Fidelity Bonds Quotes?
- Ask Beazley which FI form applies and whether the $25 million headline is your maximum. 1
- Ask Marsh whether the placement is a fidelity bond, a commercial crime policy, or a combined form, and which insurer writes it. 2 3
- Confirm whether you need an institution bond or crime coverage that treats employee fidelity as one insuring agreement. 1 2
- Get written limits from Marsh; the reviewed pages do not publish them. 2
Beazley vs Marsh Fidelity Bonds Compared
Beazley vs Marsh: Fidelity Bonds: documented features by provider
| Criteria | Beazley Financial Fidelity Bonds | Marsh Fidelity Coverage |
|---|---|---|
| How to Apply | Beazley lists dedicated Financial Institution bond application forms in its Tools & Resources: FI Bond Form 14, Form 15, Form 24 and Form 25, separate from the Commercial Crime 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. | You would engage a Marsh or MMA crime and fidelity specialist directly, since fidelity is placed together with commercial crime rather than through a separate application path in the reviewed pages. 2,3Company-reported. Commercial crime insurance and MMA executive and professional liability pages. |
| Coverage Features | Beazley describes fidelity bonds as protecting a financial institution from loss of money and securities caused by employee theft, 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 expenses. 1Company-reported. Product page's general description of crime/fidelity coverage; the page does not itemize a separate insuring-agreement list for fidelity bonds versus Commercial Crime. | Marsh describes employee white-collar fraud, meaning fidelity losses caused by trusted employees who exploit systems for personal gain, as one of the risks a commercial crime policy addresses; it says these losses make up about half of the crime-policy notifications in its data. 2Company-reported. Commercial crime insurance page; a fidelity-specific policy form was not identified as a distinct product from crime coverage. |
| Role in This Line | Beazley underwrites Financial Fidelity Bonds, which it markets specifically to financial institutions, as a separate line from the Commercial Crime product it sells to ordinary commercial companies on the same page. 1Company-reported. Crime and Fidelity product page; "fidelity bonds" is the name the page uses for the financial-institution version of this crime coverage. | Marsh does not sell fidelity coverage as a separate product line in the pages reviewed. It bundles fidelity with commercial crime insurance, and MMA lists "commercial crime/fidelity" together as one item in its executive and professional liability practice. 3,2Company-reported. MMA executive and professional liability page and Marsh's commercial crime page. |
