What Are the Key Differences Between Corgi and The Hartford Crime Insurance?
If you are a public company or financial institution, The Hartford explicitly names those buyer categories and offers a distinct financial-institutions track. Corgi’s startup product is aimed at fintechs, payroll firms and marketplaces handling customer funds. [5] [3]
Standalone Policy Versus Two Hartford Tracks
Corgi sells Crime & Fidelity as a standalone startup policy. The Hartford’s crime insurance is one of five options in Private Choice Premier and is also offered as bond and commercial crime (fidelity) within its financial-institutions product track. [3] [5]
How Each Describes Covered Crime
Corgi’s standard form bundles employee dishonesty, social-engineering fraud, computer fraud and funds-transfer fraud, plus forgery, commonly sublimits social-engineering fraud to $250,000 when out-of-band vendor-wire controls are documented, and illustrates $1 million per occurrence and aggregate with a $10,000 retention. The Hartford says crime helps cover business-related crimes like employee theft, forgery or robbery, giving an employee stealing from a cash register as an example. [3] [5]
What Should You Confirm in Corgi and The Hartford Crime Insurance Quotes?
- Ask The Hartford whether you are quoting Private Choice Premier crime or the financial-institutions bond and commercial-crime track. [5]
- Ask Corgi for the bound limit, retention and social-engineering sublimit versus the $1 million / $10,000 illustration. [3]
- Confirm Corgi’s discovery basis and which affiliated or partner carrier is named on the policy; the crime page itself does not name the underwriter. [3] [4]
- If a sponsor bank requires crime before go-live, ask Corgi whether the quoted form meets that condition. [3]