---
title: "Gallagher vs Travelers Surety Bonds"
description: "Gallagher brokers commercial surety (license, court, public-official, customs); Travelers underwrites commercial and contract surety and sells through agents."
canonical: "https://spot.insure/compare/gallagher-vs-travelers/surety-bonds"
page-type: "line-comparison"
updated-at: "2026-09-23"
---

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[Human-readable page](https://spot.insure/compare/gallagher-vs-travelers/surety-bonds)

# Gallagher vs Travelers Surety Bonds

Gallagher brokers commercial surety (license, court, public-official, customs); Travelers underwrites commercial and contract surety and sells through agents.

## Research Scope and Use

Use this comparison to evaluate Gallagher and Travelers for Surety 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 commercial surety as a broker and treats contract surety as a separate related product. Travelers underwrites commercial and contract surety itself, including bid, performance and payment bonds, and directs buyers to an insurance agent. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [10](https://www.travelers.com/surety-bond "Surety Bond")

## 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 Travelers Insurance?

Travelers is a U.S. property-casualty insurance group that markets business coverage, including a technology practice, through independent agents and brokers. Buyers can investigate CyberRisk Tech, a small-business technology-services policy, and other commercial lines, then confirm the issuing company and California availability on a quote. [7](https://www.travelers.com/business-insurance/technology "Technology Insurance") [8](https://www.travelers.com/about-travelers/producer-compensation-disclosure "Travelers Producer Compensation Disclosure (United States)") [9](https://www.travelers.com/contact-us "Contact Us")

[Travelers profile](https://spot.insure/insurance-providers/travelers)

## What Are Surety Bonds?

A surety bond is a three-party agreement: a surety guarantees an obligation your business (the principal) owes to a customer or other party (the obligee) if your business defaults. It isn't insurance that pays your business for its own losses. [12](https://content.naic.org/glossary-insurance-terms "Glossary of Insurance Terms") [13](https://www.sba.gov/funding-programs/surety-bonds "Surety bonds")

## Key Differences in Surety Bonds

### Who Issues the Bond

Gallagher brokers a three-party surety arrangement and does not act as the surety. Travelers underwrites surety directly through commercial surety and contract surety practices. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [10](https://www.travelers.com/surety-bond "Surety Bond")

Gallagher’s reviewed commercial surety page does not name the surety that would issue a given bond. Travelers is the surety on its own paper, though its reviewed surety page does not name the legal underwriting entity. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [10](https://www.travelers.com/surety-bond "Surety Bond")

### What Each Coverage List Means for a Job Bond

Gallagher’s commercial surety list is license and permit, court, public official and customs bonds, with contract surety treated as a separate related product. Travelers lists bid, performance and payment bonds on the same surety offering as license and permit, court, custom, utility and other commercial types, and says contract surety is supported by underwriters focused on construction risk. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [10](https://www.travelers.com/surety-bond "Surety Bond")

If the obligee wants a job bond, Travelers’ reviewed list includes that class on this line. Gallagher’s commercial list does not; you would confirm contract surety with Gallagher as the related product its record describes. [10](https://www.travelers.com/surety-bond "Surety Bond") [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety")

### Who Each Offering Is Built For

Gallagher says commercial surety clients include healthcare, financial services, public utilities, and private and public companies, including international projects, and lists surety programs for small IT businesses. Travelers says commercial surety serves individuals and businesses from small companies to multinationals, while contract surety is aimed at construction industry risk. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [2](https://www.gallaghersmallbusiness.com/technology-services/ "Insurance for Technology & IT Businesses") [10](https://www.travelers.com/surety-bond "Surety Bond")

## What to Confirm in Surety Bonds Quotes

- Decide whether Travelers would be the issuing surety or Gallagher would place another company’s bond. [10](https://www.travelers.com/surety-bond "Surety Bond") [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety")
- If you need bid, performance or payment wording, Travelers lists those types; ask which Gallagher practice handles contract surety. [10](https://www.travelers.com/surety-bond "Surety Bond") [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety")
- Ask Gallagher about letter-of-credit replacement; ask Travelers for unpublished rates and capacity. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [10](https://www.travelers.com/surety-bond "Surety Bond")
- Get the legal issuing-company name on both bond forms. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [10](https://www.travelers.com/surety-bond "Surety Bond")

## Offering Details

| Criteria | Gallagher Commercial Surety Bonds | Travelers Surety Bonds |
| --- | --- | --- |
| Role in This Line | Gallagher places commercial surety bonds as a three-party arrangement between the client (principal), the party requiring the bond (obligee) and a surety company; Gallagher brokers the bond rather than acting as the surety itself. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") (Evidence: Company-reported; scope: Group-level commercial surety practice page..) | Travelers underwrites surety bonds directly through two practices, commercial surety and contract surety, rather than only brokering bonds written by other sureties. [10](https://www.travelers.com/surety-bond "Surety Bond") (Evidence: Company-reported; scope: Surety-bond product page, as read on 2026-09-23..) |
| Issuing Insurer | The commercial surety page describes relationships with "leadership at all major surety companies" but does not name the specific surety that would issue a given client's bond. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") (Evidence: Not publicly disclosed; scope: Checked the group-level commercial surety practice page..) | The reviewed surety-bond page does not name the specific underwriting entity for a bond; Travelers' related professional-liability pages attribute management and professional liability products to Travelers Casualty and Surety Company of America and its property-casualty affiliates, but that page does not cover surety. [10](https://www.travelers.com/surety-bond "Surety Bond") (Evidence: Not publicly disclosed; scope: Surety-bond page as read on 2026-09-23; the entity named elsewhere is not confirmed as the surety issuer..) |
| Who It’s For | Gallagher says it serves commercial surety clients across healthcare, financial services, public utilities, and private and public companies, for both domestic and international projects, and separately lists surety bond programs as a recommended coverage for small IT and technology businesses. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") [2](https://www.gallaghersmallbusiness.com/technology-services/ "Insurance for Technology & IT Businesses") (Evidence: Company-reported; scope: Group-level commercial surety practice page and the small-business technology-services page..) | Travelers says commercial surety serves both individuals and businesses ranging from small companies to multinational companies, while contract surety is supported by underwriters focused on construction industry risk. [10](https://www.travelers.com/surety-bond "Surety Bond") (Evidence: Company-reported; scope: Commercial surety and contract surety descriptions on the surety-bond page..) |
| Coverage Features | Gallagher says it places license and permit bonds, court bonds, public official bonds and customs bonds under its commercial surety practice, distinct from contract (construction) surety bonds, which it treats as a separate related product. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") (Evidence: Company-reported; scope: Group-level commercial surety practice page; a service-menu description, not a specific bond's terms..) | Travelers lists bond types including bid, performance and payment bonds, construction materials supply bonds, court bonds (judicial, fiduciary and probate), custom bonds, depository bonds, ERISA fidelity bonds, license and permit bonds, lost instrument bonds, miscellaneous bonds, notary public bonds, official bonds, release of lien bonds and utility bonds. [10](https://www.travelers.com/surety-bond "Surety Bond") (Evidence: Company-reported; scope: Bond-type list on the surety-bond page; a given bond type's terms and availability are underwriting-specific..) |
| Limits and Retentions | The commercial surety page does not publish standard bond amounts, premium rates or collateral requirements; these vary by bond type and client. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") (Evidence: Not publicly disclosed; scope: Checked the group-level commercial surety practice page..) | The reviewed surety-bond page does not publish bond-amount limits, premium rates or underwriting capacity figures. [10](https://www.travelers.com/surety-bond "Surety Bond") (Evidence: Not publicly disclosed; scope: Surety-bond page as read on 2026-09-23..) |
| Risk Services | Gallagher says its surety team can help replace letters of credit with bonds, work with a client's existing surety program, and facilitate collateral release, citing a case where it placed commercial surety bonds in place of letters of credit to support $60 million in power-purchase obligations for an energy-company client. [6](https://www.ajg.com/insurance/commercial-surety-bonds/ "Surety") (Evidence: Company-reported; scope: Group-level commercial surety practice page case study; a single company-reported example, not independently verified..) | Not described in the reviewed sources. |
| How to Apply | Not described in the reviewed sources. | Travelers directs buyers to find an insurance agent to obtain a surety bond, and separately tells agents that surety bond application forms are in its agent forms library alongside management and professional liability applications. [10](https://www.travelers.com/surety-bond "Surety Bond") [11](https://www.travelers.com/business-insurance/professional-liability-insurance/errors-omissions "Errors and Omissions Insurance (E&O)") (Evidence: Company-reported; scope: Surety-bond page CTA and the E&O page's agent-forms link..) |

## Full Comparison

- [Gallagher vs Travelers](https://spot.insure/compare/gallagher-vs-travelers): all coverage lines, business roles, service and claims.
- [What Are Surety Bonds?](https://spot.insure/coverage/surety-bonds): A surety bond guarantees an obligation your business owes to a customer or other party if your business defaults.
- [Gallagher vs Travelers Business Owner’s Policy](https://spot.insure/compare/gallagher-vs-travelers/business-owners-policy)
- [Gallagher vs Travelers Commercial Auto Insurance](https://spot.insure/compare/gallagher-vs-travelers/commercial-auto)
- [Gallagher vs Travelers Commercial Property Insurance](https://spot.insure/compare/gallagher-vs-travelers/commercial-property)
- [Gallagher vs Travelers Crime Insurance](https://spot.insure/compare/gallagher-vs-travelers/crime)
- [Gallagher vs Travelers Cyber Insurance](https://spot.insure/compare/gallagher-vs-travelers/cyber)
- [Gallagher vs Travelers D&O Insurance](https://spot.insure/compare/gallagher-vs-travelers/directors-officers)
- [Gallagher vs Travelers Employment Practices Liability Insurance](https://spot.insure/compare/gallagher-vs-travelers/employment-practices)
- [Gallagher vs Travelers Fidelity Bonds](https://spot.insure/compare/gallagher-vs-travelers/fidelity-bonds)
- [Gallagher vs Travelers Fiduciary Liability Insurance](https://spot.insure/compare/gallagher-vs-travelers/fiduciary)
- [Gallagher vs Travelers General Liability Insurance](https://spot.insure/compare/gallagher-vs-travelers/general-liability)
- [Gallagher vs Travelers Kidnap and Ransom Insurance](https://spot.insure/compare/gallagher-vs-travelers/kidnap-ransom)
- [Gallagher vs Travelers Professional Liability (E&O) Insurance](https://spot.insure/compare/gallagher-vs-travelers/professional-errors-omissions)
- [Gallagher vs Travelers Tech E&O Insurance](https://spot.insure/compare/gallagher-vs-travelers/technology-errors-omissions)
- [Gallagher vs Travelers Umbrella and Excess Liability Insurance](https://spot.insure/compare/gallagher-vs-travelers/umbrella-excess)
- [Gallagher vs Travelers Workers’ Compensation Insurance](https://spot.insure/compare/gallagher-vs-travelers/workers-compensation)
- [Chubb vs Gallagher Surety Bonds](https://spot.insure/compare/chubb-vs-gallagher/surety-bonds)
- [Chubb vs Travelers Surety Bonds](https://spot.insure/compare/chubb-vs-travelers/surety-bonds)
- [Coverdash vs Gallagher Surety Bonds](https://spot.insure/compare/coverdash-vs-gallagher/surety-bonds)
- [Coverdash vs Travelers Surety Bonds](https://spot.insure/compare/coverdash-vs-travelers/surety-bonds)
- [Embroker vs Gallagher Surety Bonds](https://spot.insure/compare/embroker-vs-gallagher/surety-bonds)
- [Embroker vs Travelers Surety Bonds](https://spot.insure/compare/embroker-vs-travelers/surety-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; Opening (insurance broking and placement); three key services; Directors and Officers; IPO and direct listings; Employment Practices; Fiduciary; Employee Dishonesty (Crime) and Fidelity Bond; Kidnap, Ransom and Extortion; M&A Transactional Insurance. Accessed 2026-09-16.
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.
6. [Surety](https://www.ajg.com/insurance/commercial-surety-bonds/). Gallagher; Surety relationships that convert to future growth; Understanding commercial surety vs. contract surety bonds; Providing assurance that keeps business moving (License and permit bonds, Court bonds, Public official bonds, Customs bonds); The Gallagher Difference case study; Commercial Surety and Bonds Summary. Accessed 2026-09-23.

### Travelers

7. [Technology Insurance](https://www.travelers.com/business-insurance/technology). Travelers; Technology insurance products we offer: CyberRisk Tech, Global Companion Plus+, general liability, commercial property, workers compensation, commercial auto, umbrella; startup-to-established-leader audience. Accessed 2026-09-16.
8. [Travelers Producer Compensation Disclosure (United States)](https://www.travelers.com/about-travelers/producer-compensation-disclosure). Travelers; Independent producers; seven compensation types; Simply Business, Inc. and InsuraMatch, LLC ownership; The Travelers Indemnity Company footer; Northfield Excess & Surplus Lines product list. Accessed 2026-09-16.
9. [Contact Us](https://www.travelers.com/contact-us). Travelers; Business insurance sold through independent agents; business claims 1.800.238.6225; MyTravelers for business features. Accessed 2026-09-16.
10. [Surety Bond](https://www.travelers.com/surety-bond). Travelers; Surety bonds provided by Travelers: bid, performance and payment, construction materials supply, court, custom, depository, ERISA fidelity, license and permit, lost instrument, miscellaneous, notary public, official, release of lien, utilities; Commercial surety; Contract surety. Accessed 2026-09-23.
11. [Errors and Omissions Insurance (E&O)](https://www.travelers.com/business-insurance/professional-liability-insurance/errors-omissions). Travelers; Applications and forms for agents: surety bond forms library. Accessed 2026-09-23.

### Surety Bonds Guide

12. [Glossary of Insurance Terms](https://content.naic.org/glossary-insurance-terms). National Association of Insurance Commissioners; Surety Bond; Fidelity. Accessed 2026-09-16.
13. [Surety bonds](https://www.sba.gov/funding-programs/surety-bonds). U.S. Small Business Administration; Opening guarantee of work completion; Contract or commercial bonds; Bid, Payment, Performance, Ancillary; Eligibility > credit, capacity, and character. Accessed 2026-09-16.

Updated 2026-09-23. 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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