What Are the Key Differences Between Counterpart and The Hartford Crime Insurance?
Package Options and Product Track
The Hartford lists crime among five options in its Private Choice Premier management-liability package and separately offers bond and commercial crime within its financial-institutions track. Counterpart publishes a named Commercial Crime product distributed through wholesale brokers. A company should first determine which Hartford track fits its legal and operational profile, then compare whether Counterpart’s separate placement coordinates with existing management-liability coverage. [4] [3] [6]
Employee Theft and Eligibility
The Hartford describes employee theft, forgery, and robbery, with examples for nonprofits and public or private companies in its management-liability lineup. Counterpart lists employee theft, forgery, computer or system fraud, funds transfers, and social engineering, with a general small-business audience. The descriptions overlap on employee theft and forgery, while Counterpart names electronic fraud more specifically. Exact eligibility and policy wording still need confirmation. [4] [6]