Gallagher vs Liberty Mutual: Commercial Crime Insurance

Gallagher arranges fidelity and crime with outside carriers for small businesses; Liberty Mutual includes crime in its ProShield package for private and not-for-profit organizations, combined with other management liability coverages.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-10-01

Gallagher Small Business describes adviser-assisted crime placement and lists employee, computer and funds-transfer fraud risks; Liberty Mutual describes crime as part of its combined ProShield policy.

Sources consulted

  1. 01
    Commercial Insurance Guide

    California Department of Insurance · Crime · accessed 2026-09-16

  2. 02
    Social Engineering Fraud Insurance

    Chubb · Opening; coverage highlights · accessed 2026-09-16

  3. 03
    Executive and Financial Risk Insurance

    Gallagher · Employee Dishonesty (Crime) and Fidelity Bond insurance section · accessed 2026-09-23

  4. 04
    Crime

    Gallagher Small Business · Coverage Overview; Do you need Fidelity and Crime insurance?; Connect With An Advisor form · accessed 2026-09-23

  5. 05
    ProShield

    Liberty Mutual Business Insurance · Opening paragraphs identify package combining directors and officers, employment practices, fiduciary, and crime coverages; D&O and crime sections describe examples of exposures and selected coverage features. Examples are not policy terms. · accessed 2026-09-29

  6. 06
    Crime Terms and Conditions

    The Travelers Companies, Inc. · I.A–G, printed/PDF pages 1–4; III.RR, printed/PDF p.13; V.B.1–2, printed/PDF pp.18–20; Consideration, printed/PDF p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; I.A.3 p.1; III.C p.7; III.S pp.8–9; III.II and III.KK p.12; III.QQ p.13; V.A.5 pp.17–18 (printed/PDF pages); IV.J–O, printed/PDF pages 14–15 · accessed 2026-09-16

  7. 07
    Crime Non-Financial Applications and Forms

    Travelers · Opening paragraph; Sample Policy Forms · accessed 2026-09-16

  8. 08
    Commercial Crime Coverage Application

    Travelers Casualty and Surety Company of America · I–III pages 1–2; IX–XI pages 3–4; V–VII, printed/PDF pages 2–3 · accessed 2026-09-16

What Are the Key Differences Between Gallagher and Liberty Mutual Crime Insurance?

Small-business placement route and package

Gallagher Small Business directs prospects to a Connect With An Advisor form for Fidelity and Crime coverage. Liberty Mutual describes crime in ProShield, a package for private and not-for-profit organizations that combines management-liability coverages. A small business can compare adviser-assisted placement with the package route while confirming the actual carrier and quoted terms. [4] [5]

Crime categories and buyer questions

Gallagher lists credit-card forgery, computer fraud, funds-transfer fraud, employee fraud, theft and destruction of property; it recommends the line for small businesses exposed to these risks. Liberty Mutual lists employee dishonesty, embezzlement, safe burglary and computer fraud. Both are product summaries rather than insuring agreements, so compare the definitions and limits in the policies. [4] [5]

What Should You Confirm in Gallagher and Liberty Mutual Crime Insurance Quotes?

  • Ask Gallagher which carrier and crime limits are proposed after the adviser review. [4]
  • Ask Liberty Mutual which ProShield crime agreements and organization criteria apply. [5]

Crime coverage

Gallagher

  • role: Gallagher Small Business arranges Fidelity and Crime coverage with outside carriers for small-business clients; its group-level Executive and Financial Risk practice separately places the same coverage for larger accounts. Gallagher does not underwrite either policy. Small-business crime product page and the group-level executive-risk practice page.company-reportedSource ↗Source ↗
  • coverage: Gallagher describes Fidelity and Crime insurance as covering losses from fraudulent or dishonest acts, including credit card forgery, computer fraud, funds-transfer fraud, employee fraud, theft and destruction of property. Small-business crime product page; a coverage description, not a specific policy's insuring agreement or exclusions.company-reportedSource ↗
  • eligibility: Gallagher recommends this coverage for small businesses exposed to funds-transfer fraud, computer fraud, employee fraud, or destruction of personal property. Small-business crime product page "Do you need Fidelity and Crime insurance?" list; actual acceptance depends on underwriting.company-reportedSource ↗
  • services: For larger accounts, Gallagher says its methodology for setting crime coverage 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. Group-level executive-risk practice page; not confirmed as applied to the small-business product.company-reportedSource ↗
  • application: The small-business crime page routes buyers to a Connect With An Advisor form asking for company details, business description, other coverage interests, employee count and annual revenue. Product page inquiry form, inspected without submission.company-reportedSource ↗
  • insurer: Neither the small-business crime page nor the executive-risk practice page names the insurer that would issue a given client's crime policy. Checked both pages on 2026-09-23.not-disclosedSource ↗Source ↗
  • limits: Neither page publishes specific crime coverage limits or premium ranges. Checked both pages on 2026-09-23.not-disclosedSource ↗Source ↗

Liberty Mutual

  • role: Liberty Mutual includes crime coverage in its ProShield management-liability package for private and not-for-profit organizations. Liberty Mutual’s cited product or program overview documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • coverage: The ProShield page lists employee dishonesty, embezzlement, safe burglary, computer fraud and other crime exposures, plus selected coverage enhancements; these are marketing summaries, not policy terms. Liberty Mutual’s cited product or program overview documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • eligibility: The source scopes ProShield to private and not-for-profit organizations; a specific organization’s eligibility is not established. Liberty Mutual’s cited product or program overview documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • services: Liberty Mutual describes ProShield as one package policy that combines multiple management-liability coverages and is designed to reduce the need for separate endorsements. Liberty Mutual’s cited product or program overview documents this description. It does not establish the issuing insurer for an individual quote, exact state or provincial availability, the policy form, complete exclusions, or terms offered to a particular buyer; confirm those in the quote and policy documents.company-reportedSource ↗
  • limits: The cited public overview does not establish the limits, deductibles, exclusions or form terms that would apply to a specific buyer. Ask for the quote and specimen or issued policy forms before treating a listed feature as covered.not-disclosedSource ↗

Contact Van Ness Partners to discuss controls, exposures and insurance options.

Contact Van Ness Partners