---
title: "Gallagher vs Heffernan Insurance Brokers Fidelity Bonds"
description: "Gallagher’s executive-risk team sizes ERISA fidelity with peer analysis; Heffernan lists home-care dishonesty bonds and family-office financial institution bonds."
canonical: "https://spot.insure/compare/gallagher-vs-heffernan/fidelity-bonds"
page-type: "line-comparison"
updated-at: "2026-09-24"
---

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# Gallagher vs Heffernan Insurance Brokers Fidelity Bonds

Gallagher’s executive-risk team sizes ERISA fidelity with peer analysis; Heffernan lists home-care dishonesty bonds and family-office financial institution bonds.

## Research Scope and Use

Use this comparison to evaluate Gallagher and Heffernan Insurance Brokers for Fidelity Bonds against the same documented criteria. It identifies differences and questions to confirm; it does not select a winner for a particular business. Offering claims are what each provider publishes about this line unless marked otherwise. “Not found” describes the evidence reviewed, not proof that a feature is unavailable. Confirm the insurer, policy wording, limits, retentions, exclusions and cost in an actual quote.

## Summary

Gallagher places fidelity beside crime cover and describes ERISA-linked limits plus peer analysis and a claims-trigger review. Heffernan lists an Employee Dishonesty Bond for home-care agencies and a Fidelity/financial institution bond for family offices, without publishing a limit method. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office")

## What Is Gallagher?

Gallagher is a business-insurance broker and risk-management consultancy. Its technology practice serves startups through global enterprises, alongside a separate small-business offering for IT professionals and an executive-risk practice covering D&O and transaction-related coverages. Woodruff Sawyer is now part of Gallagher. [1](https://www.ajg.com/industries/technology-insurance/ "Technology Insurance") [2](https://www.gallaghersmallbusiness.com/technology-services/ "Insurance for Technology & IT Businesses") [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [4](https://www.gallaghersmallbusiness.com/legal-information/ "Legal Information") [5](https://www.ajg.com/merger-partners/woodruff-sawyer-is-now-gallagher/ "Woodruff Sawyer Is Now Gallagher")

[Gallagher profile](https://spot.insure/insurance-providers/gallagher)

## What Is Heffernan Insurance Brokers?

Heffernan Insurance Brokers is an independent, Walnut Creek–headquartered retail brokerage that arranges business insurance, employee benefits, and related services. Its technology practice markets to mid- and late-stage companies, including venture-funded and pre-IPO firms. [6](https://www.heffins.com/about-us/our-story/ "Our Story") [7](https://www.heffins.com/business-insurance/technology/ "Technology Company Insurance") [8](https://www.heffins.com/business-insurance/ "Heffernan Business Insurance Brokerage")

[Heffernan Insurance Brokers profile](https://spot.insure/insurance-providers/heffernan)

## What Are Fidelity Bonds?

Fidelity bonds and employee-dishonesty policies address losses caused by dishonest employees, within the limits and terms purchased. [12](https://content.naic.org/glossary-insurance-terms "Glossary of Insurance Terms")

## Key Differences in Fidelity Bonds

### ERISA-Focused Practice Versus Named Segments

Gallagher’s Executive and Financial Risk practice places fidelity bond coverage with outside carriers alongside employee-dishonesty crime cover, and ties limit-setting to ERISA required bond limits. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office")

### Services Around the Placement

Gallagher says its methodology includes peer analysis using third-party databases and an exposure index from the Surety Association of America with the American Institute of Accountants, and that it reviews wording on older incidents and claims triggers. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [11](https://www.heffins.com/business-insurance/claims-advocacy/ "Claims Advocacy")

## What to Confirm in Fidelity Bonds Quotes

- Ask Gallagher whether the quote is an ERISA fidelity bond, a crime policy, or both, and for the peer-analysis limit. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance")
- Ask Heffernan which of the two listed products applies and which carrier would write it. [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office")
- Compare covered persons and deductibles; both public pages leave those off. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance")
- Ask Heffernan who would handle a fidelity claim, given the advocacy page does not list that line. [11](https://www.heffins.com/business-insurance/claims-advocacy/ "Claims Advocacy")

## Offering Details

| Criteria | Gallagher Fidelity Bond Insurance | Heffernan Employee Dishonesty / Fidelity Bonds |
| --- | --- | --- |
| Role in This Line | Gallagher's Executive and Financial Risk practice places fidelity bond coverage with outside carriers alongside its employee-dishonesty (crime) coverage; it does not underwrite the bond. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page; fidelity bonds are described jointly with crime coverage, not as a fully separate section..) | Heffernan arranges fidelity-type bonds as one line within two specialty practices: an Employee Dishonesty Bond for home-care agencies and a Fidelity/financial institution bond for family offices and financial firms. It places these bonds with insurers rather than issuing them itself. [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: Home Care and Family Office practice-page listings; no dedicated fidelity-bond product page was found..) |
| Issuing Insurer | The executive-and-financial-risk page does not name the insurer that would issue a given client's fidelity bond. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Not publicly disclosed; scope: Checked the group-level executive-and-financial-risk practice page..) | The reviewed pages do not name the insurer or bond underwriter for either the home-care Employee Dishonesty Bond or the family-office fidelity bond. [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office") (Evidence: Not publicly disclosed; scope: Home Care and Family Office pages as read on 2026-09-23..) |
| Who It’s For | Gallagher ties fidelity bond limit-setting to a client's required bond limits under ERISA, indicating this offering is aimed at plan sponsors and fiduciaries needing ERISA fidelity bonding rather than a general commercial audience. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page..) | Heffernan lists fidelity-type bonds for two named buyer segments: home care, home health, and hospice agencies, and family offices, trustees, financial advisors, private equity firms, and foundations. [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: Direct practice-page listings; no minimum size or other eligibility criteria for the bond specifically were published..) |
| Coverage Features | Not described in the reviewed sources. | Heffernan uses two different bond product names for its two client segments: "Employee Dishonesty Bond" for home-care agencies and "Fidelity/financial institution bond" for family offices and financial firms. Neither page describes the bond's insuring agreement, exclusions, or claim triggers. [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office") (Evidence: Company-reported; scope: Home Care and Family Office pages as read on 2026-09-23..) |
| Limits and Retentions | The page does not publish specific fidelity bond limits or premium ranges beyond describing the ERISA-linked methodology used to recommend a limit. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Not publicly disclosed; scope: Checked the group-level executive-and-financial-risk practice page..) | Neither the home-care nor the family-office page publishes a bond penalty amount, limit, or deductible for the fidelity coverage. [9](https://www.heffins.com/business-insurance/health-care/homecare/ "Home Care Business Insurance") [10](https://www.heffins.com/family-office/ "Family Office") (Evidence: Not found in reviewed sources; scope: Home Care and Family Office pages as read on 2026-09-23..) |
| Risk Services | Gallagher says its methodology for fidelity bond and crime limits includes peer analysis using third-party databases and an exposure index developed by the Surety Association of America with the American Institute of Accountants. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page..) | Heffernan's published claims-advocacy services list workers' compensation, general liability, auto, and property claims support; fidelity or crime-bond claims handling is not described on that page. [11](https://www.heffins.com/business-insurance/claims-advocacy/ "Claims Advocacy") (Evidence: Not found in reviewed sources; scope: Claims Advocacy page as read on 2026-09-23; does not establish that fidelity-bond claims receive no support, only that this page does not describe it..) |
| Claims Support | Gallagher says it reviews coverage to confirm the carrier allows appropriate treatment of older incidents and does not use claims triggers that are too difficult to prove, a review it applies to the same crime-and-fidelity offering. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page; a stated review practice, not a guarantee of claim payment..) | Not described in the reviewed sources. |

## Full Comparison

- [Gallagher vs Heffernan Insurance Brokers](https://spot.insure/compare/gallagher-vs-heffernan): all coverage lines, business roles, service and claims.
- [What Are Fidelity Bonds?](https://spot.insure/coverage/fidelity-bonds): Fidelity bonds and employee-dishonesty coverage protect against specified losses caused by dishonest employees or people handling plan assets.
- [Gallagher vs Heffernan Insurance Brokers Business Owner’s Policy](https://spot.insure/compare/gallagher-vs-heffernan/business-owners-policy)
- [Gallagher vs Heffernan Insurance Brokers Commercial Auto Insurance](https://spot.insure/compare/gallagher-vs-heffernan/commercial-auto)
- [Gallagher vs Heffernan Insurance Brokers Commercial Property Insurance](https://spot.insure/compare/gallagher-vs-heffernan/commercial-property)
- [Gallagher vs Heffernan Insurance Brokers Crime Insurance](https://spot.insure/compare/gallagher-vs-heffernan/crime)
- [Gallagher vs Heffernan Insurance Brokers Cyber Insurance](https://spot.insure/compare/gallagher-vs-heffernan/cyber)
- [Gallagher vs Heffernan Insurance Brokers Employee Health Benefits](https://spot.insure/compare/gallagher-vs-heffernan/employee-health-benefits)
- [Gallagher vs Heffernan Insurance Brokers Employment Practices Liability Insurance](https://spot.insure/compare/gallagher-vs-heffernan/employment-practices)
- [Gallagher vs Heffernan Insurance Brokers Fiduciary Liability Insurance](https://spot.insure/compare/gallagher-vs-heffernan/fiduciary)
- [Gallagher vs Heffernan Insurance Brokers General Liability Insurance](https://spot.insure/compare/gallagher-vs-heffernan/general-liability)
- [Gallagher vs Heffernan Insurance Brokers Professional Liability (E&O) Insurance](https://spot.insure/compare/gallagher-vs-heffernan/professional-errors-omissions)
- [Gallagher vs Heffernan Insurance Brokers Representations and Warranties Insurance](https://spot.insure/compare/gallagher-vs-heffernan/representations-warranties)
- [Gallagher vs Heffernan Insurance Brokers Surety Bonds](https://spot.insure/compare/gallagher-vs-heffernan/surety-bonds)
- [Gallagher vs Heffernan Insurance Brokers Workers’ Compensation Insurance](https://spot.insure/compare/gallagher-vs-heffernan/workers-compensation)
- [Beazley vs Gallagher Fidelity Bonds](https://spot.insure/compare/beazley-vs-gallagher/fidelity-bonds)
- [Beazley vs Heffernan Insurance Brokers Fidelity Bonds](https://spot.insure/compare/beazley-vs-heffernan/fidelity-bonds)
- [Coverdash vs Gallagher Fidelity Bonds](https://spot.insure/compare/coverdash-vs-gallagher/fidelity-bonds)
- [Coverdash vs Heffernan Insurance Brokers Fidelity Bonds](https://spot.insure/compare/coverdash-vs-heffernan/fidelity-bonds)
- [Founder Shield vs Gallagher Fidelity Bonds](https://spot.insure/compare/foundershield-vs-gallagher/fidelity-bonds)
- [Founder Shield vs Heffernan Insurance Brokers Fidelity Bonds](https://spot.insure/compare/foundershield-vs-heffernan/fidelity-bonds)

## Sources

### Gallagher

1. [Technology Insurance](https://www.ajg.com/industries/technology-insurance/). Gallagher; Introduction; Solutions and coverages for the technology industry: Technology errors and omissions including cyber, Intellectual property insurance, Product liability, Employee benefits; Data-driven insights; global network. Accessed 2026-09-16.
2. [Insurance for Technology & IT Businesses](https://www.gallaghersmallbusiness.com/technology-services/). Gallagher Small Business; Protection for IT Professionals & Their Technology-Based Businesses; recommended coverage menu, including Surety Bond Programs; Connect With An Advisor. Accessed 2026-09-16.
3. [Executive and Financial Risk Insurance](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/). Gallagher; Employee Dishonesty (Crime) and Fidelity Bond insurance section. Accessed 2026-09-23.
4. [Legal Information](https://www.gallaghersmallbusiness.com/legal-information/). Gallagher Small Business; Producer identification immediately above Quick Links. Accessed 2026-09-16.
5. [Woodruff Sawyer Is Now Gallagher](https://www.ajg.com/merger-partners/woodruff-sawyer-is-now-gallagher/). Gallagher; Opening; Executive and Financial Risk consulting; Continued access to client portals; contact form. Accessed 2026-09-16.

### Heffernan Insurance Brokers

6. [Our Story](https://www.heffins.com/about-us/our-story/). Heffernan Insurance Brokers; Headquartered in Walnut Creek; nationwide presence; founded 1988; employee owned; niche practices including technology. Accessed 2026-09-16.
7. [Technology Company Insurance](https://www.heffins.com/business-insurance/technology/). Heffernan Insurance Brokers; Pre-IPO and venture-funded heading; mid to late stage specialization; global expansion copy; self-insurance strategies; Key Markets list; Why Heffernan broker history; Joseph Talmadge practice leader; FAQ. Accessed 2026-09-16.
8. [Heffernan Business Insurance Brokerage](https://www.heffins.com/business-insurance/). Heffernan Insurance Brokers; Forward-Thinking Business Insurance: basic coverages (general liability, commercial property and auto, workers’ compensation); corporate and executive protection (EPL, D&O, fiduciary responsibility, cyber, kidnap and ransom); alternative risk capabilities; claims, loss control and risk-management services; industry practice links including Technology and Claims Advocacy. Accessed 2026-09-16.
9. [Home Care Business Insurance](https://www.heffins.com/business-insurance/health-care/homecare/). Heffernan Insurance Brokers; We offer comprehensive coverage for: ... Crime - Third Party Theft, Employee Dishonesty Bond, Cyber & Identity Theft, Medical Billing E&O, Property Coverage and more. Accessed 2026-09-23.
10. [Family Office](https://www.heffins.com/family-office/). Heffernan Insurance Brokers; Coverage for Family Offices, Trustees & Financial Firms: ... Trustee liability insurance, Property and auto insurance, Fiduciary liability insurance, Fidelity/financial institution bond, Cyber liability insurance, Crime insurance, General liability insurance. Accessed 2026-09-23.
11. [Claims Advocacy](https://www.heffins.com/business-insurance/claims-advocacy/). Heffernan Insurance Brokers; Services We Offer: Workers' Compensation Claims Expertise; Medical Triage Services; General Liability, Auto & Property Claims Support; Online Risk Management & HR Support; Streamlined Vendor Compliance. Accessed 2026-09-23.

### Fidelity Bonds Guide

12. [Glossary of Insurance Terms](https://content.naic.org/glossary-insurance-terms). National Association of Insurance Commissioners; Fidelity; Surety Bond. Accessed 2026-09-16.

Updated 2026-09-24. Spot, a product of Tools for Enlightenment, publishes this research and works in the commercial insurance market. The comparison applies the same criteria to both providers. [Editorial policy](https://spot.insure/editorial-policy). To suggest a correction, [contact Spot](https://spot.insure/contact) with the page URL and supporting source.

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