Gallagher vs 
TechInsurance: How Do They Compare for Fidelity Bonds?
Gallagher arranges ERISA fidelity bonds through other carriers and reviews required limits and terms. TechInsurance arranges business fidelity bonds online, describes several coverage variants, and does not name the insurer on its reviewed page.
Gallagher helps ERISA plan sponsors set fidelity limits with peer analysis; TechInsurance lists first-party, third-party and ERISA bonds you can start online. 1,2
What Are the Key Differences Between Gallagher and TechInsurance Fidelity Bonds?
Limit Benchmarking or Online Bond Selection
Gallagher ties fidelity limits to ERISA requirements and adds peer analysis for plan sponsors and fiduciaries. TechInsurance’s product page names first-party, third-party, ERISA and other variants and takes a short online application. Choose Gallagher if you need help setting a plan's limit; choose TechInsurance if you already know which bond type you need and want to apply online. 1 2
How Amount and Price Are Explained
Gallagher does not publish a dollar range. It says it recommends a limit using ERISA requirements, peer analysis and an exposure index from the Surety Association of America and the American Institute of Accountants. TechInsurance says premium typically follows the total bond amount, then bond type, industry risk, how many employees can reach sensitive data, and credit score. You would compare Gallagher’s recommended penalty with TechInsurance’s quoted amount and those pricing inputs. 1 2
How You Apply
Gallagher’s reviewed page does not describe an online application. TechInsurance takes a short online application and says licensed agents can add the bond to a broader package. Gallagher does not name an insurer. TechInsurance does not name a surety for a standard bond, but says an ERISA bond must come from a Treasury-authorized surety. 1 2
What Should You Confirm in Gallagher and TechInsurance Fidelity Bonds Quotes?
- Ask Gallagher for the ERISA-linked recommended limit. 1
- Ask TechInsurance which variant is on the quote and, for ERISA, which Treasury-authorized surety issues it. 2
- Confirm whether Gallagher is placing crime cover beside the bond, which its practice describes as a joint offering. 1
- Ask Gallagher how its review of older incidents and claims triggers would apply to the quoted wording. 1
Gallagher vs TechInsurance Fidelity Bonds Compared
Gallagher vs TechInsurance: Fidelity Bonds: documented features by provider
| Criteria | Gallagher Fidelity Bond Insurance | TechInsurance Fidelity Bonds |
|---|---|---|
| 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. 1Company-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. 2Company-reported. Fidelity bonds product page, Who should get fidelity bonds? section. |
| 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. 1Company-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. 2Company-reported. Fidelity bonds product page. |
