What Are the Key Differences Between Alliance Risk and Marsh McLennan Agency Crime Insurance?
What the Record Specifies
Alliance Risk lists employee theft, check or document forgery, fraudulent electronic transfers, social engineering and burglary among its crime placements; client-property theft can be added by endorsement. Marsh McLennan Agency names commercial crime and fidelity in its executive-risk offering but does not enumerate insured events. A buyer handling customer funds should ask Marsh McLennan Agency whether client property and impersonation losses are included. [2] [5]
Terms, Fit and Service
Alliance Risk says its crime coverage excludes business-income loss unless endorsed, cyber breach or hacking, losses discovered outside the policy period, and dishonest acts by owners or partners. Marsh McLennan Agency’s overview does not spell out comparable exclusions. Those boundaries can change whether a fraud incident is handled under crime or cyber, so compare exact policy language rather than line labels. [2] [5]
How You Start the Placement
Alliance Risk serves businesses handling cash, payments or sensitive data and identifies accounting, billing and procurement functions as common exposures. Marsh McLennan Agency describes organizations seeking executive and professional liability solutions. Share your payment controls, employee roles and client-fund exposure with both advisers to test fit. [2] [5]