Marsh vs 
Travelers Fidelity Bonds
Marsh places employee fidelity inside commercial crime; Travelers underwrites ERISA fidelity insurance for benefit plans through independent agents.
What Is Marsh?
Marsh is a global insurance broker and risk advisor. In the United States it places coverage through core Marsh teams and through Marsh McLennan Agency for many middle-market buyers, including technology, cyber, property, casualty and benefits programs. 1,2,3,4
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 Crime Cover Versus a Travelers ERISA Product
Marsh does not sell fidelity as a separate product line in the pages reviewed; MMA lists commercial crime/fidelity as one item. Travelers lists ERISA fidelity insurance on its Management & Professional Liability list and ERISA Fidelity among surety bonds it provides. 6 5 10 11
Operating-Company Fraud Versus Plan Assets
Marsh describes trusted employees exploiting systems for personal gain as a commercial-crime risk. Travelers describes cover for an employee benefit plan against fraud or dishonesty such as theft, embezzlement or forgery by people who handle plan funds. Those can both matter, but they are different named insureds. 5 10
Who You Buy From
You engage a Marsh or MMA crime-and-fidelity specialist. Travelers ERISA fidelity is bought through a Travelers independent agent. Marsh does not name the issuing insurer; Travelers does not publish bond amounts on the reviewed pages. 5 6 11
What to Confirm in Fidelity Bonds Quotes
- Ask Marsh whether the quote includes an ERISA bond, a commercial crime policy, or both. 5 6
- Ask the Travelers agent for the penalty, named plan and covered handlers. 10
- Confirm whether Marsh would place Travelers paper or another market for the crime layer. 5 11
- Get retentions and discovery wording on both the crime policy and the ERISA bond. 5 10
Offering Details
Marsh vs Travelers Fidelity Bonds: documented features by provider
| Criteria | Marsh Fidelity Coverage | Travelers ERISA Fidelity Insurance |
|---|---|---|
| Role in This Line | Marsh does not sell fidelity coverage as a separate product line in the pages reviewed. It bundles fidelity with commercial crime insurance, and MMA lists "commercial crime/fidelity" together as one item in its executive and professional liability practice. 6,5Company-reported. MMA executive and professional liability page and Marsh's commercial crime page. | 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 a specific insurer for fidelity or crime/fidelity coverage. 5,6Not publicly disclosed. Commercial crime insurance and MMA executive and professional liability pages as read on 2026-09-23. | Not described in the reviewed sources. |
| Who It’s For | Not described in the reviewed sources. | 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 | Marsh describes employee white-collar fraud, meaning fidelity losses caused by trusted employees who exploit systems for personal gain, as one of the risks a commercial crime policy addresses; it says these losses make up about half of the crime-policy notifications in its data. 5Company-reported. Commercial crime insurance page; a fidelity-specific policy form was not identified as a distinct product from crime coverage. | 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 | Not described in the reviewed sources. | 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. |
| How to Apply | You would engage a Marsh or MMA crime and fidelity specialist directly, since fidelity is placed together with commercial crime rather than through a separate application path in the reviewed pages. 5,6Company-reported. Commercial crime insurance and MMA executive and professional liability pages. | 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 Marsh vs Travelers Comparisons
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Sources
Marsh
- Marsh | Leader in risk, strategy, people, and investments. Marsh; Hero and capability tiles; FAQ: What does Marsh do?; industries served; Is Marsh the same as Marsh McLennan? January 2026 brand change. Accessed 2026-09-16.
- Compensation guide for US clients. Marsh; US broking segments; broker role; retail commissions, client fees, wholesale, insurer consulting, contingent and supplemental commissions; Marsh LLC and Marsh USA LLC; page 3: broker role and Marsh & McLennan Agency segment; page 7: copyright © 2024 Marsh LLC. Accessed 2026-09-16.
- Marsh McLennan Agency (MMA). Marsh; Middle-market US organizations; wholly-owned subsidiary; business insurance, employee health and benefits, retirement, private client. Accessed 2026-09-16.
- Technology | Insurance Broking & Risk Management. Marsh; Opening Technology Practice description; practice links including data center insurance, fintech and Stratus; Talk to us. Accessed 2026-09-16.
- Commercial crime insurance. Marsh; Employee white-collar fraud: Marsh data shows around 50% of crime policy notifications are for employee fidelity losses, involving trusted employees who exploit systems for personal gain. Accessed 2026-09-23.
- Expert Executive and Professional Liability Insurance. Marsh McLennan Agency; Our policies include D&O, E&O, EPL, commercial crime/fidelity, network security privacy risk/cyber, fiduciary, media liability, IP, architects and engineers, lawyers professional, and kidnap and ransom. 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.
