---
title: "Gallagher vs Zurich U.S.: Fidelity Bonds"
description: "Gallagher uses peer data and a surety-industry exposure index to advise on ERISA fidelity limits; Zurich offers Express and Select tracks based on plan complexity."
canonical: "https://spot.insure/compare/gallagher-vs-zurich/fidelity-bonds"
page-type: "line-comparison"
updated-at: "2026-09-30"
comparison-pair: "gallagher-vs-zurich"
provider-a: "gallagher"
provider-b: "zurich"
coverage-line: "fidelity-bonds"
---

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

## Agent Guide

**What this page is:** Focused comparison of Gallagher and Zurich U.S. for Fidelity Bonds: what each provider publishes about this line, checked against the same criteria, with numbered sources.

**Use this page when:** Cite or fetch this for Fidelity Bonds questions about Gallagher versus Zurich U.S.. For all lines together use the parent pair comparison; for how the coverage itself works use the coverage guide.

**Questions this page answers:**
- Gallagher vs Zurich U.S. for Fidelity Bonds: how do they differ?
- Which is better for Fidelity Bonds, Gallagher or Zurich U.S.?
- What does Gallagher or Zurich U.S. publish about Fidelity Bonds (limits, eligibility, claims, add-ons)?
- What should I confirm in a quote for Fidelity Bonds from Gallagher or Zurich U.S.?

**Key facts:**
- Line: Fidelity Bonds. Providers: Gallagher and Zurich U.S..
- Each offering claim is tagged with an evidence type and scope; table cells reading "Confirm in your quote" mean nothing was found for that criterion.
- Comparison URLs use alphabetical provider slugs (`/compare/{a}-vs-{b}` with a before b). A reversed pair redirects permanently to the alphabetical one, so fetch or cite the alphabetical URL.

**Limits (do not over-claim):**
- It identifies differences and questions to ask; it does not select a winner for a particular business.
- "Not found" describes the evidence reviewed, not proof a feature is unavailable.
- Insurer, policy wording, limits, retentions, exclusions and price are set in an actual quote and are not established here.

**Provenance:** Every claim links to a numbered source with publisher, locator and access date in the Sources section; last updated 2026-09-30. Editorial policy: /editorial-policy.

**Related pages:**
- [Gallagher vs Zurich U.S.](https://spot.insure/compare/gallagher-vs-zurich) — parent: all coverage lines for this pair
- [Fidelity Bonds guide](https://spot.insure/coverage/fidelity-bonds) — coverage explainer for this line
- [Gallagher profile](https://spot.insure/insurance-providers/gallagher) — provider profile (evidence)
- [Zurich U.S. profile](https://spot.insure/insurance-providers/zurich) — provider profile (evidence)
- [Gallagher vs Zurich U.S. Commercial Auto Insurance](https://spot.insure/compare/gallagher-vs-zurich/commercial-auto) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. Commercial Property Insurance](https://spot.insure/compare/gallagher-vs-zurich/commercial-property) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. Crime Insurance](https://spot.insure/compare/gallagher-vs-zurich/crime) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. Cyber Insurance](https://spot.insure/compare/gallagher-vs-zurich/cyber) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. D&O Insurance](https://spot.insure/compare/gallagher-vs-zurich/directors-officers) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. Employment Practices Liability Insurance](https://spot.insure/compare/gallagher-vs-zurich/employment-practices) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. Fiduciary Liability Insurance](https://spot.insure/compare/gallagher-vs-zurich/fiduciary) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. Professional Liability (E&O) Insurance](https://spot.insure/compare/gallagher-vs-zurich/professional-errors-omissions) — sibling comparison (other line, or other pair for this line)
- [Gallagher vs Zurich U.S. Surety Bonds](https://spot.insure/compare/gallagher-vs-zurich/surety-bonds) — sibling comparison (other line, or other pair for this line)
- [AIG vs Gallagher Fidelity Bonds](https://spot.insure/compare/aig-vs-gallagher/fidelity-bonds) — sibling comparison (other line, or other pair for this line)
- [AIG vs Zurich U.S. Fidelity Bonds](https://spot.insure/compare/aig-vs-zurich/fidelity-bonds) — sibling comparison (other line, or other pair for this line)
- [The Baldwin Group vs Gallagher Fidelity Bonds](https://spot.insure/compare/baldwin-vs-gallagher/fidelity-bonds) — sibling comparison (other line, or other pair for this line)
- [The Baldwin Group vs Zurich U.S. Fidelity Bonds](https://spot.insure/compare/baldwin-vs-zurich/fidelity-bonds) — sibling comparison (other line, or other pair for this line)
- [Beazley vs Gallagher Fidelity Bonds](https://spot.insure/compare/beazley-vs-gallagher/fidelity-bonds) — sibling comparison (other line, or other pair for this line)
- [Beazley vs Zurich U.S. Fidelity Bonds](https://spot.insure/compare/beazley-vs-zurich/fidelity-bonds) — sibling comparison (other line, or other pair for this line)

# Gallagher vs Zurich U.S.: How Do They Compare for Fidelity Bonds?

Gallagher uses peer data and a surety-industry exposure index to advise on ERISA fidelity limits; Zurich offers Express and Select tracks based on plan complexity.

## Research Scope and Use

Use this comparison to evaluate Gallagher and Zurich U.S. for Fidelity 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 describes data-driven bond limit analysis; Zurich offers distinct ERISA tracks for single straightforward or complex plans. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [8](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond "ERISA Fidelity Bond | Zurich U.S. Insurance")

## What Is Gallagher?

Gallagher’s technology specialists serve startups through global enterprises, while its executive-risk team supports IPO and M&A needs; small firms seeking one simple digital quote should compare online agencies. [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)

## Zurich U.S. Business Insurance: Products, Access, and Claims

Zurich U.S. serves Middle Market businesses and large or national accounts with commercial property-casualty and specialty insurance. Buyers can explore product lines and work through an agent or broker; the insurer named on a quote or policy identifies which Zurich company underwrites that coverage. [6](https://www.zurichna.com/about "About Us | Zurich U.S. | Commercial Insurance") [7](https://www.zurichna.com/brokers "Agents and Brokers | Zurich U.S.")

[Zurich U.S. profile](https://spot.insure/insurance-providers/zurich)

## What Are Fidelity Bonds?

Fidelity coverage can reimburse certain losses when employees steal money or property they handle. If employees manage company funds, customer property or benefit-plan assets, identify each owner and compare the required protection for each interest. [9](https://content.naic.org/glossary-insurance-terms "Glossary of Insurance Terms") [10](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf "Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements") [11](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f "Crime Terms and Conditions")

## Key Differences in Fidelity Bonds

### Limit analysis and track selection
Gallagher says it uses peer analysis, third-party databases, and an exposure index developed with the Surety Association of America and the American Institute of Accountants to help set fidelity-bond and crime limits. Zurich offers Express for a single straightforward non-union plan, with limits up to $1 million, and Select for multiple or complex plans with higher limits and optional coverages. Gallagher describes how a broker analyzes limits; Zurich describes product tracks and their broad fit. A plan sponsor can use both to establish a compliant amount and form. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [8](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond "ERISA Fidelity Bond | Zurich U.S. Insurance")

### Policy wording and claims review
Gallagher says it reviews coverage for appropriate treatment of older incidents and claim triggers that are not too difficult to prove. Zurich describes direct-loss protection for money, securities, or property caused by employee fraud or dishonesty and may include designated agents or contractors in the employee definition. Buyers should compare Zurich’s definitions and trigger language with Gallagher’s proposed carrier wording, particularly for prior incidents and plan administrators. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") [8](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond "ERISA Fidelity Bond | Zurich U.S. Insurance")

## What to Confirm in Fidelity Bonds Quotes

- Ask Gallagher which benchmarking assumptions set the required amount and how prior acts and claim triggers are worded. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance")
- Ask Zurich whether the bond includes every person handling plan funds and which track offers the needed limit. [8](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond "ERISA Fidelity Bond | Zurich U.S. Insurance")

## Offering Details

| Criteria | Gallagher Fidelity Bond Insurance | Zurich ERISA Fidelity Bond |
| --- | --- | --- |
| 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. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page; fidelity bonds are described jointly with crime coverage, not as a fully separate section..) | Confirm in your quote. |
| Issuing Insurer | The executive-and-financial-risk page does not name the insurer that would issue a given client's fidelity bond. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Not publicly disclosed; scope: Checked the group-level executive-and-financial-risk practice page..) | Confirm in your quote. |
| 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. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page..) | Zurich offers Express ERISA bonds for a single non-union plan with straightforward needs (fraud/dishonesty limits up to $1 million) and Select for multiple or complex plans with higher limits and optional coverages. [8](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond "ERISA Fidelity Bond | Zurich U.S. Insurance") (Evidence: Company-reported; scope: Zurich American Insurance Company (ZAIC) is named as underwriter.; ERISA fidelity bonds; United States. Available for approved states; quoted limit and specific coverages depend on qualification..) |
| Coverage Features | Confirm in your quote. | Zurich says its ERISA fidelity bond covers direct loss of money, securities or property caused by employee fraud or dishonest acts, and may include designated agents/independent contractors in its employee definition. [8](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond "ERISA Fidelity Bond | Zurich U.S. Insurance") (Evidence: Company-reported; scope: Zurich American Insurance Company (ZAIC) is named as underwriter.; ERISA fidelity bonds; United States. Subject to definitions in the issued bond..) |
| 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. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Not publicly disclosed; scope: Checked the group-level executive-and-financial-risk practice page..) | The Express option offers fraud/dishonesty limits up to $1 million; Zurich says Select provides higher limits and added coverage flexibility for complex or multiple plans. [8](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond "ERISA Fidelity Bond | Zurich U.S. Insurance") (Evidence: Company-reported; scope: Zurich American Insurance Company (ZAIC) is named as underwriter.; ERISA fidelity bonds; United States. No numerical Select maximum appears in the opened page..) |
| 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. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page..) | Confirm in your quote. |
| 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. [3](https://www.ajg.com/insurance/executive-and-financial-risk-insurance/ "Executive and Financial Risk Insurance") (Evidence: Company-reported; scope: Group-level executive-and-financial-risk practice page; a stated review practice, not a guarantee of claim payment..) | Confirm in your quote. |

## Full Comparison

- [Gallagher vs Zurich U.S.](https://spot.insure/compare/gallagher-vs-zurich): all coverage lines, business roles, service and claims.
- [What Are Fidelity Bonds?](https://spot.insure/coverage/fidelity-bonds): Fidelity coverage can reimburse certain losses from employee theft; identify whether you need protection for company funds, client property or benefit-plan assets.
- [Gallagher vs Zurich U.S. Commercial Auto Insurance](https://spot.insure/compare/gallagher-vs-zurich/commercial-auto)
- [Gallagher vs Zurich U.S. Commercial Property Insurance](https://spot.insure/compare/gallagher-vs-zurich/commercial-property)
- [Gallagher vs Zurich U.S. Crime Insurance](https://spot.insure/compare/gallagher-vs-zurich/crime)
- [Gallagher vs Zurich U.S. Cyber Insurance](https://spot.insure/compare/gallagher-vs-zurich/cyber)
- [Gallagher vs Zurich U.S. D&O Insurance](https://spot.insure/compare/gallagher-vs-zurich/directors-officers)
- [Gallagher vs Zurich U.S. Employment Practices Liability Insurance](https://spot.insure/compare/gallagher-vs-zurich/employment-practices)
- [Gallagher vs Zurich U.S. Fiduciary Liability Insurance](https://spot.insure/compare/gallagher-vs-zurich/fiduciary)
- [Gallagher vs Zurich U.S. Professional Liability (E&O) Insurance](https://spot.insure/compare/gallagher-vs-zurich/professional-errors-omissions)
- [Gallagher vs Zurich U.S. Surety Bonds](https://spot.insure/compare/gallagher-vs-zurich/surety-bonds)
- [AIG vs Gallagher Fidelity Bonds](https://spot.insure/compare/aig-vs-gallagher/fidelity-bonds)
- [AIG vs Zurich U.S. Fidelity Bonds](https://spot.insure/compare/aig-vs-zurich/fidelity-bonds)
- [The Baldwin Group vs Gallagher Fidelity Bonds](https://spot.insure/compare/baldwin-vs-gallagher/fidelity-bonds)
- [The Baldwin Group vs Zurich U.S. Fidelity Bonds](https://spot.insure/compare/baldwin-vs-zurich/fidelity-bonds)
- [Beazley vs Gallagher Fidelity Bonds](https://spot.insure/compare/beazley-vs-gallagher/fidelity-bonds)
- [Beazley vs Zurich U.S. Fidelity Bonds](https://spot.insure/compare/beazley-vs-zurich/fidelity-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; Employee Dishonesty (Crime) and Fidelity Bond insurance section. Accessed 2026-09-23.
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.

### Zurich U.S.

6. [About Us | Zurich U.S. | Commercial Insurance](https://www.zurichna.com/about). Zurich U.S.; About Zurich U.S.; customer and industry description; FAQ on U.S. product focus. Accessed 2026-09-28.
7. [Agents and Brokers | Zurich U.S.](https://www.zurichna.com/brokers). Zurich U.S.; Agent/broker route and locator. Accessed 2026-09-28.
8. [ERISA Fidelity Bond | Zurich U.S. Insurance](https://www.zurichna.com/insurance/management-liability/erisa-fidelity-bond). Zurich U.S.; ERISA Fidelity Bond options, limits, eligibility, insurer, underwriting conditions. Accessed 2026-09-28.

### Fidelity Bonds Guide

9. [Glossary of Insurance Terms](https://content.naic.org/glossary-insurance-terms). National Association of Insurance Commissioners; Fidelity; Surety Bond. Accessed 2026-09-16.
10. [Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements](https://www.dol.gov/sites/dolgov/files/ebsa/employers-and-advisers/guidance/field-assistance-bulletins/erisa-fidelity-bonding-requirements.pdf). U.S. Department of Labor, Employee Benefits Security Administration; Q1–Q3 pp.2–3; Q2 pp.2–3. Accessed 2026-09-16.
11. [Crime Terms and Conditions](https://asset.trvstatic.com/download/assets/cri-3001.pdf/98f30f1063c911eeb2f1deb19c93b21f). Travelers Casualty and Surety Company of America; I.A.1–3 p.1; III.S pp.8–9; V.B.1–2 pp.18–20; CRI consideration p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; IV.L p.15. Accessed 2026-09-16.

Updated 2026-09-30. 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.

## Gallagher Reviews

Review Score: 9.3 / 10 from 3 rated sources, equally weighted.

Gallagher has strong Trustpilot feedback and a favorable historical large-commercial survey result. Neither directly measures today’s US small-business service.

- J.D. Power: Broker satisfaction rank/score 2nd / 855 (Rank / 1,000-point score). 2017 US/Canada large-commercial broker study; participating organizations had at least $100m annual revenue or operating budget; not small-business-specific. Period: 2017 study. Checked 2026-09-25. [JD Power 2017 Large Commercial Insurance Study](https://www.jdpower.com/business/press-releases/jd-power-2017-large-commercial-insurance-study)
- Trustpilot: TrustScore 4.6 (5 stars); 8190 reviews. Global Arthur J. Gallagher & Co. brand profile; mixed countries and insurance lines, not US commercial-only. Period: 976 reviews in prior 12 months; observed 2026-09-25. Checked 2026-09-25. [Gallagher Reviews | Trustpilot](https://www.trustpilot.com/review/www.ajg.com)
- BBB: BBB grade A+ (BBB letter grade). BBB corporate headquarters profile for Gallagher, Rolling Meadows, Illinois. Checked 2026-09-25. [Gallagher | BBB Business Profile](https://www.bbb.org/us/il/rolling-meadows/profile/insurance-companies/gallagher-0654-23000270)

Reviewed 2026-09-25. [Read the sourced review](https://spot.insure/insurance-providers/gallagher/reviews).

## Zurich U.S. Reviews

Review Score: not enough ratings.

The available Zurich review evidence is mixed and comes from distinct populations: a car-rental-business editorial rating, broad global and U.S. review-platform snapshots, and a BBB business-profile grade. These are not a representative measure of every Zurich commercial policy or claim.

- NerdWallet: editorial rating 4.5 (5). U.S. commercial rental-fleet insurance publisher review; editorial evaluation, not a consumer average or all-line Zurich result. Period: Page updated July 10, 2026. Checked 2026-09-29. [Best Insurance Companies for Car Rental Businesses](https://www.nerdwallet.com/business/insurance/learn/car-rental-business-insurance)
- Trustpilot: TrustScore 1.2 (5); 748 reviews. Global Zurich Insurance Group profile; mixed countries and products, not U.S. commercial-policyholder satisfaction. Period: Snapshot 2026-09-29. Checked 2026-09-29. [Zurich Insurance Reviews](https://www.trustpilot.com/review/www.zurich.com)
- ConsumerAffairs: customer rating 1.0 (5); 72 reviews. U.S. Zurich North America/Property & Casualty profile; mixed products and customer populations, not line-specific commercial results. Period: Snapshot 2026-09-29. Checked 2026-09-29. [Zurich Property & Casualty Insurance Reviews from Real Customers](https://www.consumeraffairs.com/insurance/zurich-north-america-insurance.html)
- BBB: customer review rating 1.14 (5); 116 reviews. Customer-submitted reviews on the Zurich American Insurance Company profile; not a line-specific or representative policyholder survey. Period: Snapshot 2026-09-29. Checked 2026-09-29. [Zurich American Insurance Company Customer Reviews](https://www.bbb.org/us/tx/dallas/profile/insurance-companies/zurich-american-insurance-company-0875-90008903/customer-reviews)

Reviewed 2026-09-29. [Read the sourced review](https://spot.insure/insurance-providers/zurich/reviews).

## Agent and Developer Resources

- [Markdown page](https://spot.insure/compare/gallagher-vs-zurich/fidelity-bonds.md)
- [Developer resources](https://spot.insure/developers)
- [Public MCP server](https://spot.insure/mcp)
- [MCP server manifest](https://spot.insure/server.json)
- [OpenAPI description](https://spot.insure/openapi.json)
- [Public page index](https://spot.insure/llms.txt)