AIG vs CNA: Fidelity Bonds

AIG markets Financial Institution Bonds with examples such as employee dishonesty, forgery, and computer fraud. CNA describes fidelity protection against employee dishonesty losses and lists several bond forms, including blanket, scheduled, and ERISA bonds.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-09-30

Crime coverage

AIG

  • role: AIG markets Financial Institution Bonds separately from commercial-entity Crime Insurance. This draft covers the named bond family only and does not treat the crime policy as a fidelity bond. Role in this product is limited to the description on the linked AIG source.company-reportedSource ↗
  • eligibility: AIG names banks, non-bank lenders, asset managers and insurance companies as financial-institution bond audiences. The page does not establish eligibility for a specific entity or jurisdiction. Audience is the segment AIG names on the linked source; this is not an underwriting decision, quote or guarantee of availability.company-reportedSource ↗
  • coverage: AIG lists employee dishonesty, theft on premises, forgery, computer-systems fraud and impersonation fraud among financial-institution bond coverage examples. These examples are subject to the actual bond form and do not define all terms. AIG’s public product description is not the policy. Actual entitlement depends on the applicable issued form, endorsements and declarations.company-reportedSource ↗
  • services: AIG describes dedicated underwriting and claims teams for its crime and fidelity offerings. The application directory includes distinct fidelity applications by financial-institution type; this is an application path, not a bound bond. The linked page describes company-reported support; specific account services and third-party arrangements must be confirmed.company-reportedSource ↗
  • limits: The reviewed pages do not state a standard bond amount or buyer-specific deductible. Confirm the bond form, amount and conditions with AIG for the particular institution. This statement reports only what the linked public source discloses and does not substitute for a quote or issued policy.not-disclosedSource ↗

CNA

  • coverage: CNA describes fidelity bonds as protection for businesses and their customers against losses from employee dishonesty. Entity: CNA Surety offering; exact surety/issuer entity varies by bond/state Product: commercial fidelity bonds Jurisdiction: United States; exact state availability not specified on page Research source scope: Commercial/contract surety; US plus Canada/Puerto Rico Claim limitation: Company-reported description; bond form and terms govern.company-reportedSource ↗
  • coverage: CNA identifies dishonesty, janitorial-services, blanket, scheduled and pension-trust (ERISA) bonds in its fidelity portfolio. Entity: CNA Surety offering Product: commercial fidelity bonds Jurisdiction: United States Research source scope: Commercial/contract surety; US plus Canada/Puerto Rico Claim limitation: Product list does not publish limits, exclusions or eligibility.company-reportedSource ↗
  • services: CNA says experienced claims specialists help resolve surety and fidelity claims. Entity: CNA Surety offering Product: surety and fidelity claims services Jurisdiction: United States Research source scope: Commercial/contract surety; US plus Canada/Puerto Rico Claim limitation: Company description; no response-time or settlement-performance data disclosed.company-reportedSource ↗

What Are the Key Differences Between AIG and CNA Fidelity Bonds?

Form Families and Buyer Type

CNA identifies dishonesty, janitorial-services, blanket, scheduled, and pension-trust (ERISA) bonds in its fidelity portfolio. AIG markets a separate Financial Institution Bond family for banks, lenders, asset managers, and insurance companies. A commercial employer needing an ERISA or janitorial bond should ask CNA which form fits its obligation; a bank or asset manager can ask AIG which FI bond application and wording addresses its specific exposures. [2] [1]

Loss Examples and Claims Support

AIG names employee dishonesty, forgery, computer-systems fraud, and impersonation fraud among its financial-institution bond examples. CNA describes fidelity protection against employee dishonesty losses affecting a business or its customers and says experienced claims specialists help with surety and fidelity claims. The published detail differs: AIG lists more specific fraud scenarios, while CNA identifies claims assistance. Buyers should compare the form’s coverage agreements and confirm who handles a reported loss. [1] [2]

What Should You Confirm in AIG and CNA Fidelity Bonds Quotes?

  • Ask CNA which bond form protects the required party and what employee acts and claim notices are covered. [2]
  • Ask AIG which fraud agreements, carrier entity, and claim contacts apply to the financial-institution bond. [1]

CNA names several fidelity bond forms, including blanket and pension-trust bonds; AIG focuses its published Financial Institution Bond materials on financial-sector audiences and fraud examples.

Sources consulted

  1. 01
    Crime and Fidelity Insurance

    AIG · Official AIG page, lines 257–275 and 353–354: separate Financial Institution Bonds section, named financial-institution audience and example covered losses; policy/state availability caveat. AIG’s Financial Lines Applications directory separately lists institution-specific fidelity applications. · accessed 2026-09-30

  2. 02
    CNA Surety - Surety and Fidelity Bonds | CNA Insurance

    CNA · Surety/fidelity product sections, geography, agents/brokers, bONdLINE and claims services · accessed 2026-09-28

  3. 03
    Glossary of Insurance Terms

    National Association of Insurance Commissioners · Fidelity; Surety Bond · accessed 2026-09-16

  4. 04
    Crime Terms and Conditions

    Travelers Casualty and Surety Company of America · I.A.1–3 p.1; III.S pp.8–9; V.B.1–2 pp.18–20; CRI consideration p.1; III.P p.8; V.A.3 pp.16–17; V.A.4 p.17; V.B.3 p.20; IV.L p.15 · accessed 2026-09-16

  5. 05
    Field Assistance Bulletin No. 2008-04: Guidance Regarding ERISA Fidelity Bonding Requirements

    U.S. Department of Labor, Employee Benefits Security Administration · Q1–Q3 pp.2–3; Q2 pp.2–3 · accessed 2026-09-16

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