What Are the Key Differences Between Gallagher and Marsh McLennan Agency Crime Insurance?
What the Offering Describes
Gallagher describes fidelity and crime protection for credit-card forgery, computer and funds-transfer fraud, employee fraud, theft and property destruction. Marsh McLennan Agency lists commercial crime and fidelity but does not enumerate covered events. A buyer should compare the specific agreements, particularly whether computer fraud and physical property destruction are included in the proposed Marsh McLennan Agency form. [4] [5]
Limits, Eligibility and Handling
Gallagher’s small-business team routes buyers through an adviser form, while its larger-account practice says it uses peer analysis and an exposure index to set limits. Marsh McLennan Agency invites an adviser discussion but its overview does not explain a limit-setting method. Ask which Gallagher segment would handle your account and what exposure analysis Marsh McLennan Agency will provide. [4] [5]
Starting a Crime Placement
Gallagher places with outside carriers and does not underwrite the policy; Marsh McLennan Agency also arranges placement. Neither overview identifies the issuer for a buyer-specific quote. Confirm the carrier, policy limit, employee coverage and claim reporting contact in both proposals. [4] [5]