Gallagher vs TechInsurance 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.

TechInsurance arranges fidelity bonds, describing them as a type of commercial crime insurance and a type of surety bond, distinct from a traditional insurance policy in that the bonding company can seek repayment from the employee responsible for a dishonest act. ⁸Company-reported. Fidelity bonds product page.

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 page does not name a specific surety or insurer for a standard fidelity bond, though it says an ERISA fidelity bond specifically must be purchased from a surety company authorized by the U.S. Department of the Treasury. ⁸Company-reported. Fidelity bonds product page as read 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.

TechInsurance targets fidelity bonds at businesses whose employees handle sensitive financial information or access client property unsupervised, naming web hosting, project management, cleaning, healthcare and security-guard companies as example segments. ⁸Company-reported. Fidelity bonds product page, Who should get fidelity bonds? section.

Not described in the reviewed sources.

TechInsurance says fidelity bonds cover employee fraud, theft, forgery and embezzlement against the business or its clients, and distinguishes first-party bonds (protecting the business itself) from third-party bonds (protecting clients), plus employee dishonesty, business service, janitorial and ERISA bond variants. ⁸Company-reported. Fidelity bonds product page; general policy description, not a specific bond form.

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.

TechInsurance says fidelity bond costs vary widely and are typically calculated based on the total bond amount, with underwriting factors including bond type and size, industry risk, number of employees with sensitive-data access, and credit score; it does not publish a median premium for this line as it does for some other policies. ⁸Company-reported. Fidelity bonds product page, How much do fidelity bonds cost? section.

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.

Not described in the reviewed sources.

You request fidelity bond quotes online through a short application; TechInsurance says its licensed agents can help add fidelity bonds to a broader coverage package. ⁸Company-reported. Fidelity bonds product page.

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.