Heffernan Insurance Brokers vs 
Travelers Fidelity Bonds
Heffernan brokers home-care and family-office fidelity products; Travelers underwrites ERISA fidelity for benefit plans through independent agents.
What Is Heffernan Insurance Brokers?
Heffernan Insurance Brokers is an independent, Walnut Creek–headquartered retail brokerage that arranges business insurance, employee benefits, and related services. Its technology practice markets to mid- and late-stage companies, including venture-funded and pre-IPO firms. 1,2,3
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. 7,8,9
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
Brokered Specialty Bonds Versus a Travelers ERISA Product
Heffernan places fidelity-type bonds with insurers rather than issuing them, using two names for two segments. Travelers lists ERISA fidelity on its Management & Professional Liability list and ERISA Fidelity among surety bonds it provides, so the reviewed Travelers offering is a Travelers-catalogued product. 4 5 10 11
What Each Cover Is Said to Protect
Heffernan’s pages do not describe insuring agreements. Travelers describes cover for an employee benefit plan against fraud or dishonesty such as theft, embezzlement or forgery by people who handle plan funds—a different use case than a home-care employee-dishonesty bond or a family-office financial institution bond. 4 5 10
Buying Path
Heffernan’s listings sit on specialty practice pages without an online bind description. Travelers ERISA fidelity is bought through a Travelers independent agent. Heffernan does not name the issuer; Travelers does not publish bond amounts on the reviewed pages. 4 5 11
What to Confirm in Fidelity Bonds Quotes
- Ask Heffernan which product applies and whether you also need an ERISA bond for a retirement plan. 4 5
- Ask the Travelers agent for the penalty, named plan and covered handlers. 10
- If you run a family office, ask whether a financial institution bond and an ERISA bond are separate placements. 5 10
- Get deductibles and the issuing entity from both quotes. 4 11
Offering Details
Heffernan Insurance Brokers vs Travelers Fidelity Bonds: documented features by provider
| Criteria | Heffernan Employee Dishonesty / Fidelity Bonds | Travelers ERISA Fidelity Insurance |
|---|---|---|
| Role in This Line | Heffernan arranges fidelity-type bonds as one line within two specialty practices: an Employee Dishonesty Bond for home-care agencies and a Fidelity/financial institution bond for family offices and financial firms. It places these bonds with insurers rather than issuing them itself. 4,5Company-reported. Home Care and Family Office practice-page listings; no dedicated fidelity-bond product page was found. | Travelers lists ERISA fidelity as one of its Management & Professional Liability products, and separately lists ERISA Fidelity among the bond types it provides on its surety bond page. 10,11Company-reported. Management & Professional Liability product list and Surety Bonds product list. |
| Issuing Insurer | The reviewed pages do not name the insurer or bond underwriter for either the home-care Employee Dishonesty Bond or the family-office fidelity bond. 4,5Not publicly disclosed. Home Care and Family Office pages as read on 2026-09-23. | Not described in the reviewed sources. |
| Who It’s For | Heffernan lists fidelity-type bonds for two named buyer segments: home care, home health, and hospice agencies, and family offices, trustees, financial advisors, private equity firms, and foundations. 4,5Company-reported. Direct practice-page listings; no minimum size or other eligibility criteria for the bond specifically were published. | Travelers offers ERISA fidelity coverage as part of a product suite that also covers private companies, public companies, nonprofit organizations and financial institutions, but the reviewed pages do not name specific eligible business sizes or industries for the ERISA fidelity product itself. 10Not publicly disclosed. Management & Professional Liability Insurance page general eligibility statement. |
| Coverage Features | Heffernan uses two different bond product names for its two client segments: "Employee Dishonesty Bond" for home-care agencies and "Fidelity/financial institution bond" for family offices and financial firms. Neither page describes the bond's insuring agreement, exclusions, or claim triggers. 4,5Company-reported. Home Care and Family Office pages as read on 2026-09-23. | Travelers describes ERISA fidelity insurance as covering an employee benefit plan against losses caused by acts of fraud or dishonesty, such as theft, embezzlement or forgery, by the people who handle plan funds. 10Company-reported. Management & Professional Liability Insurance page, ERISA fidelity insurance entry; exact terms and required minimum bond amounts are set by ERISA and the issued bond. |
| Limits and Retentions | Neither the home-care nor the family-office page publishes a bond penalty amount, limit, or deductible for the fidelity coverage. 4,5Not found in reviewed sources. Home Care and Family Office pages as read on 2026-09-23. | Neither reviewed page publishes bond amounts, premiums or terms for ERISA fidelity coverage; federal ERISA rules set minimum bonding requirements, but Travelers' specific offer would appear on a quote. 10,11Not found in reviewed sources. Management & Professional Liability and Surety Bonds pages as read on 2026-09-23. |
| Risk Services | Heffernan's published claims-advocacy services list workers' compensation, general liability, auto, and property claims support; fidelity or crime-bond claims handling is not described on that page. 6Not found in reviewed sources. Claims Advocacy page as read on 2026-09-23; does not establish that fidelity-bond claims receive no support, only that this page does not describe it. | Not described in the reviewed sources. |
| How to Apply | Not described in the reviewed sources. | ERISA fidelity coverage is bought through a Travelers independent agent. 11Company-reported. Surety Bonds page "Find an insurance agent" call to action. |
Full Comparison
More Heffernan Insurance Brokers vs Travelers Comparisons
Other Fidelity Bonds Comparisons
Sources
Heffernan Insurance Brokers
- Our Story. Heffernan Insurance Brokers; Headquartered in Walnut Creek; nationwide presence; founded 1988; employee owned; niche practices including technology. Accessed 2026-09-16.
- Technology Company Insurance. Heffernan Insurance Brokers; Pre-IPO and venture-funded heading; mid to late stage specialization; global expansion copy; self-insurance strategies; Key Markets list; Why Heffernan broker history; Joseph Talmadge practice leader; FAQ. Accessed 2026-09-16.
- Heffernan Business Insurance Brokerage. Heffernan Insurance Brokers; Forward-Thinking Business Insurance: basic coverages (general liability, commercial property and auto, workers’ compensation); corporate and executive protection (EPL, D&O, fiduciary responsibility, cyber, kidnap and ransom); alternative risk capabilities; claims, loss control and risk-management services; industry practice links including Technology and Claims Advocacy. Accessed 2026-09-16.
- Home Care Business Insurance. Heffernan Insurance Brokers; We offer comprehensive coverage for: ... Crime - Third Party Theft, Employee Dishonesty Bond, Cyber & Identity Theft, Medical Billing E&O, Property Coverage and more. Accessed 2026-09-23.
- Family Office. Heffernan Insurance Brokers; Coverage for Family Offices, Trustees & Financial Firms: ... Trustee liability insurance, Property and auto insurance, Fiduciary liability insurance, Fidelity/financial institution bond, Cyber liability insurance, Crime insurance, General liability insurance. Accessed 2026-09-23.
- Claims Advocacy. Heffernan Insurance Brokers; Services We Offer: Workers' Compensation Claims Expertise; Medical Triage Services; General Liability, Auto & Property Claims Support; Online Risk Management & HR Support; Streamlined Vendor Compliance. Accessed 2026-09-23.
Travelers
- Technology Insurance. 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.
- Travelers Producer Compensation Disclosure (United States). 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.
- Contact Us. Travelers; Business insurance sold through independent agents; business claims 1.800.238.6225; MyTravelers for business features. Accessed 2026-09-16.
- Management and Professional Liability Insurance. Travelers; "Select a product" list: ERISA fidelity insurance — "helps cover an employee benefit plan against losses caused by acts of fraud or dishonesty such as theft, embezzlement or forgery". Accessed 2026-09-23.
- Surety Bonds. Travelers; "Surety bonds provided by Travelers" list, including ERISA Fidelity. Accessed 2026-09-23.
Fidelity Bonds Guide
- Glossary of Insurance Terms. National Association of Insurance Commissioners; Fidelity; Surety Bond. Accessed 2026-09-16.
