Beazley vs Newfront Fidelity Bonds

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. ⁵Company-reported. Crime and Fidelity product page; "fidelity bonds" is the name the page uses for the financial-institution version of this crime coverage.

Newfront brokers fidelity bond coverage as part of its Executive Risk practice, which it groups with crime coverage under one Key Coverages entry. It negotiates placement rather than underwriting the risk. ¹⁰Company-reported. Executive Risk offering page; fidelity and crime are listed together, not as separately described products.

Not described in the reviewed sources.

The reviewed Executive Risk page does not name the insurer or insurers that would issue a fidelity bond placed through Newfront. ¹⁰Not publicly disclosed. Executive Risk page as read on 2026-09-23; carrier depends on the specific placement.

Beazley says its expert team underwrites Financial Fidelity Bonds for financial institutions. The page does not name which types of financial institution (e.g., banks, credit unions, broker-dealers) qualify. ⁵Company-reported. Product-page target-customer statement; no institution-type list or asset-size threshold is published.

Newfront says its Executive Risk practice services private companies from seed round through every series of funding, and describes work with over 500 publicly traded companies, without a fidelity-specific eligibility threshold. ¹⁰Company-reported. Here for the Long Run section; figures describe the executive-risk practice broadly, not fidelity bonds specifically.

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. ⁵Company-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.

The reviewed page attributes its fraudulent-instruction (social-engineering) insuring agreement and out-of-band-authentication condition to "our Commercial Crime policy" specifically. It does not state that Financial Fidelity Bonds include this same insuring agreement. ⁵Not found in reviewed sources. Checked against the full product page text as of 2026-09-23; absence of a fidelity-bond-specific statement is not evidence the coverage is unavailable to financial institutions.

Newfront lists "Fidelity and Crime" among the Key Coverages of its Executive Risk program. The page does not separately describe fidelity-specific insuring agreements such as employee-dishonesty bond limits or covered positions. ¹⁰Company-reported. Executive Risk page Key Coverages list; fidelity and crime are bundled in one line item.

The product page advertises limits of up to US $25,000,000 for this line without separately breaking out a fidelity-bond-specific maximum from the Commercial Crime figure on the same page. ⁵Company-reported. Shared headline limit figure; retentions and bond-specific sub-limits are not published.

Newfront's Executive Risk page does not publish limits or retentions for fidelity bond coverage. ¹⁰Not publicly disclosed. Executive Risk page as read on 2026-09-23.

Beazley says its underwriting and claims professionals for this product family work side by side so that the original underwriting intent is respected when a claim arises. ⁵Company-reported. Company-stated internal process description applying to the Crime and Fidelity product family generally; no fidelity-bond-specific service is separately described.

Newfront says clients get 24/7 access to their insurance program, including policies, certificates of insurance and billing, through its connected dashboard, and that renewal submissions use pre-populated historical data. ¹⁰Company-reported. Industry-Leading Technology section; described across Executive Risk lines, not fidelity-specific.

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. ⁵Company-reported. Tools & Resources section of the product page; the page does not describe an online quote or self-service purchase flow.

You start a fidelity bond placement by requesting a consultation through Newfront's Executive Risk page. ¹⁰Company-reported. Executive Risk page call-to-action; no online quoting or binding described.

The product page links to Beazley's general claim-notification channel for this line. It does not disclose a claims response-time commitment or a dedicated claims process specific to Financial Fidelity Bonds. ⁵Not publicly disclosed. Product page "Notify a Claim" link as read on 2026-09-23; response times were not found.

Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a fidelity bond claim. ¹⁰Company-reported. The Newfront Difference section; described across Executive Risk lines, not a fidelity-specific claims workflow.