Gallagher vs HUB International Fidelity Bonds

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. ³Company-reported. Group-level executive-and-financial-risk practice page; fidelity bonds are described jointly with crime coverage, not as a fully separate section.

HUB places crime and fidelity bond coverage, including financial institution bonds, through its ProEx Professional & Executive Risk practice alongside other executive-liability and financial-institution lines, rather than underwriting these bonds itself. ⁹Company-reported. ProEx page coverage list, read 2026-09-23. The page does not name an issuing insurer for Crime/Fidelity or Financial Institution Bonds.

The executive-and-financial-risk page does not name the insurer that would issue a given client's fidelity bond. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

No insurer is named for Crime/Fidelity or Financial Institution Bonds on the ProEx page; HUB says ProEx places over $2 billion in premium with carriers it calls top-rated, without naming them. ⁹Not found in reviewed sources. Checked the ProEx page on 2026-09-23.

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. ³Company-reported. Group-level executive-and-financial-risk practice page.

No size, industry or state eligibility criteria specific to fidelity bonds or financial institution bonds were found on the ProEx page. ⁹Not found in reviewed sources. Checked the ProEx page on 2026-09-23; these coverages are listed among many others without their own eligibility description.

Not described in the reviewed sources.

HUB's ProEx coverage list names "Crime / Fidelity" as an Executive Liability offering and "Financial Institution Bonds" as a separate Financial Institutions offering, but the page gives no further description of insuring agreements, covered dishonest-act scenarios or exclusions for either. ⁹Company-reported. ProEx page coverage list only; these are catalogue entries, not policy-form descriptions.

The page does not publish specific fidelity bond limits or premium ranges beyond describing the ERISA-linked methodology used to recommend a limit. ³Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page.

Published bond penalty amounts, limits or retentions were not found on the ProEx page. ⁹Not publicly disclosed. Checked the ProEx page on 2026-09-23; bond amounts are set on the quote and declarations.

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. ³Company-reported. Group-level executive-and-financial-risk practice page.

HUB says its ProEx team, which lists Crime/Fidelity and Financial Institution Bonds among its coverages, provides analytics, litigation support and risk-management services to clients of all sizes under a named ProEx practice leader. ⁹Company-reported. ProEx page team and services description; not specific to a single bond placement.

Not described in the reviewed sources.

HUB directs prospects for these coverages to contact a ProEx specialist rather than an online quote or bind flow. ⁹Company-reported. ProEx page call to action.

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. ³Company-reported. Group-level executive-and-financial-risk practice page; a stated review practice, not a guarantee of claim payment.

Not described in the reviewed sources.