What Are the Key Differences Between Embroker and USI Insurance Services Crime Insurance?
If your current management-liability program may have crime gaps, USI describes an ExecuSafe review; Embroker instead offers a standalone policy or add-on and lists exclusions to check, including income loss and executive collusion. [8] [3]
How Crime Is Sold
Embroker sells commercial crime as a standalone policy or as a BOP or D&O endorsement. USI brokers crime covering employee theft and related fraud, either as a standalone placement or as part of an ExecuSafe management-liability review. [3] [7] [8]
Coverage Each Describes
Embroker lists employee theft, third-party theft, forgery, digital fraud, money laundering, counterfeit currency and social-engineering fraud, and names exclusions for income loss, executive-employee collusion, third-party liabilities from crime, and cybercrime involving patents, trade secrets or customer lists. USI lists crime among the coverages it places for business-services clients. [3] [7]
Price and Limit Figures
Embroker says crime insurance pricing depends on employee count and locations, revenue, office security measures and financial controls, that fidelity bonds typically cost 0.5% to 2% of bond value, and that it does not publish standard policy limits. USI’s reviewed pages do not publish crime coverage limit or retention figures. [3] [7]
What Should You Confirm in Embroker and USI Insurance Services Crime Insurance Quotes?
- Ask USI whether the work is a new crime placement or an ExecuSafe gap review. [8]
- Ask Embroker whether you need a crime policy or a customer-reimbursing fidelity bond. [3]
- Match Embroker’s exclusion list to USI’s placed form. [3] [7]
- Ask how USI’s claim advocacy and risk control, described across Business Services lines, would apply to a crime loss. [7]