Gallagher vs 
Marsh Fidelity Bonds
Gallagher places fidelity beside crime cover with an ERISA-linked limit method; Marsh treats employee fidelity as part of commercial crime.
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. 1,2,3,4,5
What Is Marsh?
Marsh is a global insurance broker and risk advisor. In the United States it places coverage through core Marsh teams and through Marsh McLennan Agency for many middle-market buyers, including technology, cyber, property, casualty and benefits programs. 6,7,8,9
What Are Fidelity Bonds?
Fidelity bonds and employee-dishonesty policies address losses caused by dishonest employees, within the limits and terms purchased. 12
Key Differences in Fidelity Bonds
Fidelity Beside Crime Versus Crime/Fidelity as One Item
Gallagher’s Executive and Financial Risk practice places fidelity bond coverage with outside carriers alongside its employee-dishonesty (crime) coverage. Marsh’s reviewed pages do not sell fidelity as a separate line; they bundle it with commercial crime, and MMA lists commercial crime/fidelity together. 3 11 10
Limit-Setting Versus Loss Description
Gallagher ties fidelity bond limit-setting to a client’s required bond limits under ERISA, and says its method includes peer analysis using third-party databases and an exposure index developed by the Surety Association of America with the American Institute of Accountants. Marsh describes trusted employees exploiting systems for personal gain and says those fidelity losses are about half of crime-policy notifications in its data. Marsh’s reviewed pages do not publish a limit-setting method. 3 10
How You Reach Each Practice
Gallagher’s reviewed executive-and-financial-risk page does not describe an application or bind path for this line. Marsh’s reviewed pages send you to a Marsh or MMA crime and fidelity specialist, because fidelity is placed together with commercial crime. Neither names the issuing insurer. 3 10 11
What to Confirm in Fidelity Bonds Quotes
- Ask Gallagher for the recommended limit from its ERISA-linked method and whether crime cover is placed alongside the bond. 3
- Ask Marsh whether the quote is commercial crime, a fidelity placement, or both. 10 11
- Confirm who needs to be bonded and what limit Gallagher’s ERISA methodology produces; Marsh’s pages do not publish that sizing. 3 10
- Get the carrier and retention from both quotes. 3 10
Offering Details
Gallagher vs Marsh Fidelity Bonds: documented features by provider
| Criteria | Gallagher Fidelity Bond Insurance | Marsh Fidelity Coverage |
|---|---|---|
| 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. 3Company-reported. Group-level executive-and-financial-risk practice page; fidelity bonds are described jointly with crime coverage, not as a fully separate section. | 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. 11,10Company-reported. MMA executive and professional liability page and Marsh's commercial crime page. |
| Issuing Insurer | 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. | The reviewed pages do not name a specific insurer for fidelity or crime/fidelity coverage. 10,11Not publicly disclosed. Commercial crime insurance and MMA executive and professional liability 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. 3Company-reported. Group-level executive-and-financial-risk practice page. | Not described in the reviewed sources. |
| Coverage Features | Not described in the reviewed sources. | 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. 10Company-reported. Commercial crime insurance page; a fidelity-specific policy form was not identified as a distinct product from crime coverage. |
| 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. 3Not publicly disclosed. Checked the group-level executive-and-financial-risk practice page. | Not described in the reviewed sources. |
| 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. 3Company-reported. Group-level executive-and-financial-risk practice page. | Not described in the reviewed sources. |
| How to Apply | Not described in the reviewed sources. | 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. 10,11Company-reported. Commercial crime insurance and MMA executive and professional liability pages. |
| 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. 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. |
Full Comparison
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Sources
Gallagher
- 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.
- Insurance for Technology & IT Businesses. 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.
- Executive and Financial Risk Insurance. Gallagher; Employee Dishonesty (Crime) and Fidelity Bond insurance section. Accessed 2026-09-23.
- Legal Information. Gallagher Small Business; Producer identification immediately above Quick Links. Accessed 2026-09-16.
- Woodruff Sawyer Is Now Gallagher. Gallagher; Opening; Executive and Financial Risk consulting; Continued access to client portals; contact form. Accessed 2026-09-16.
Marsh
- Marsh | Leader in risk, strategy, people, and investments. Marsh; Hero and capability tiles; FAQ: What does Marsh do?; industries served; Is Marsh the same as Marsh McLennan? January 2026 brand change. Accessed 2026-09-16.
- Compensation guide for US clients. Marsh; US broking segments; broker role; retail commissions, client fees, wholesale, insurer consulting, contingent and supplemental commissions; Marsh LLC and Marsh USA LLC; page 3: broker role and Marsh & McLennan Agency segment; page 7: copyright © 2024 Marsh LLC. Accessed 2026-09-16.
- Marsh McLennan Agency (MMA). Marsh; Middle-market US organizations; wholly-owned subsidiary; business insurance, employee health and benefits, retirement, private client. Accessed 2026-09-16.
- Technology | Insurance Broking & Risk Management. Marsh; Opening Technology Practice description; practice links including data center insurance, fintech and Stratus; Talk to us. Accessed 2026-09-16.
- Commercial crime insurance. Marsh; Employee white-collar fraud: Marsh data shows around 50% of crime policy notifications are for employee fidelity losses, involving trusted employees who exploit systems for personal gain. Accessed 2026-09-23.
- Expert Executive and Professional Liability Insurance. Marsh McLennan Agency; Our policies include D&O, E&O, EPL, commercial crime/fidelity, network security privacy risk/cyber, fiduciary, media liability, IP, architects and engineers, lawyers professional, and kidnap and ransom. Accessed 2026-09-23.
Fidelity Bonds Guide
- Glossary of Insurance Terms. National Association of Insurance Commissioners; Fidelity; Surety Bond. Accessed 2026-09-16.
