What Are the Key Differences Between Coalition and Gallagher Crime Insurance?
Crime Coverage and Account-Sized Buyer Support
Coalition describes crime as theft, fraud and certain cybercrime, subject to exclusions. Gallagher lists employee fraud, funds-transfer fraud, computer fraud and property destruction among the losses its fidelity and crime cover may address. Choose Coalition if you are an eligible private or nonprofit buyer seeking up to $10 million per line; choose Gallagher if you need its small-business team or peer analysis to set limits for a larger account. [3] [6] [5]
Published Caps Versus Limit-Setting Method
Coalition says limits up to $10 million per coverage line may be available for Executive Risks products, including crime. Gallagher’s reviewed crime pages do not publish specific limits or premium ranges. For larger accounts, Gallagher says its methodology for setting 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] [6] [5]
Named Admitted Paper Versus Unnamed Markets
Coalition names Zurich American Insurance Company as the admitted Executive Risks carrier and also places unaffiliated non-admitted paper. Neither Gallagher small-business crime nor executive-risk page names the insurer that would issue a client’s crime policy. [4] [6] [5]
Coverage Lists and Intake
Coalition describes crime as responding to theft, fraud and certain cybercrimes, subject to exclusions. Gallagher describes Fidelity and Crime as covering fraudulent or dishonest acts, including credit card forgery, computer fraud, funds-transfer fraud, employee fraud, theft and destruction of property. You reach Gallagher through a Connect With An Advisor form that asks for company details, employee count and revenue; Coalition buyers go through an appointed broker. [3] [6]
What Should You Confirm in Coalition and Gallagher Crime Insurance Quotes?
- Ask Gallagher whether your crime placement is the small-business product or the executive-risk practice, and which carrier issues it. [6] [5]
- Compare Gallagher’s recommended limit from peer analysis with Coalition’s $10 million per-line figure. [5] [3]
- Confirm Coalition’s Zurich versus surplus route and Gallagher’s unnamed market on the quote. [4] [6]
- Match credit-card forgery and destruction of property on Gallagher’s list against Coalition’s issued Executive Risks crime form. [6] [3]