What Are the Key Differences Between CNA and Gallagher Crime Insurance?
Offering Structure and Distribution
Gallagher gives more specific event examples: employee fraud, funds-transfer fraud, computer fraud, credit-card forgery, theft and destruction of property. Its small-business page also routes buyers to an advisor form that requests company details, employee count and revenue. CNA’s reviewed crime record confirms a line listing and agent application channel but does not show equivalent coverage detail or a buyer-facing intake process. [3] [5]
Coverage Detail and Buyer Fit
Gallagher says its larger-account Executive and Financial Risk practice uses peer analysis and an exposure index when advising on crime limits. That is a placement service, not a published limit or a promise about the insurer’s offer. CNA’s reviewed record describes no comparable limit-setting method. Compare the proposal and declarations, not the broker’s guidance with policy limits. [3] [4]
What Should You Confirm in CNA and Gallagher Crime Insurance Quotes?
- Ask Gallagher which practice will handle your account and which carrier is proposed; ask CNA for the selected crime form and how limits are determined. [3] [5] [4]
- Compare employee, computer and transfer fraud definitions and verify whether destruction of property is covered under the same insuring agreement. [3] [5]