Baldwin vs Marsh: Fidelity Bonds

Crime coverage

The Baldwin Group

role: The source describes The Baldwin Group’s brokerage or advisory role for Commercial Fidelity Bond. It does not identify Baldwin as the risk-bearing insurer for a particular placement. The cited company page describes its brokerage/advisory role and does not name the issuer for a buyer-specific placement.company-reportedSource ↗
eligibility: Baldwin lists professional-services firms among the commercial sectors for which it can arrange crime/fidelity-bond options. The page does not establish a bond applicant’s eligibility or identify a surety. This is the audience or client context named on Baldwin’s page, not an underwriting decision or guarantee of product availability.company-reportedSource ↗
coverage: Baldwin lists a commercial crime/fidelity bond as an option for professional-services clients. It does not describe a specific bond form, protected obligee, covered employee conduct or bond amount. The statement reports Baldwin’s marketed coverage or advisory description only. No individual quote, binder, policy form, schedule or endorsement was reviewed; policy entitlement and terms remain unknown.company-reportedSource ↗
services: Baldwin describes market navigation and tailored risk and insurance advice for accountants, architects, engineers, financial advisers, lawyers, consultants and surveyors. These are company-described brokerage and risk-advisory services; account-specific service commitments and third-party terms are not established.company-reportedSource ↗
limits: The reviewed source does not state a buyer-specific limit, retention, deductible or coverage schedule. Confirm the quote and issued policy or bond. No buyer quote, binder, policy or bond form was available in the reviewed public sources.not-disclosedSource ↗

Marsh

role: Marsh does not sell fidelity coverage as a separate product line in the pages reviewed. It bundles fidelity with commercial crime insurance, and MMA lists "commercial crime/fidelity" together as one item in its executive and professional liability practice. MMA executive and professional liability page and Marsh's commercial crime page.company-reportedSource ↗Source ↗
coverage: Marsh describes employee white-collar fraud, meaning fidelity losses caused by trusted employees who exploit systems for personal gain, as one of the risks a commercial crime policy addresses; it says these losses make up about half of the crime-policy notifications in its data. Commercial crime insurance page; a fidelity-specific policy form was not identified as a distinct product from crime coverage.company-reportedSource ↗
insurer: The reviewed pages do not name a specific insurer for fidelity or crime/fidelity coverage. Commercial crime insurance and MMA executive and professional liability pages as read on 2026-09-23.not-disclosedSource ↗Source ↗
application: You would engage a Marsh or MMA crime and fidelity specialist directly, since fidelity is placed together with commercial crime rather than through a separate application path in the reviewed pages. Commercial crime insurance and MMA executive and professional liability pages.company-reportedSource ↗Source ↗

What Are the Key Differences Between The Baldwin Group and Marsh Fidelity Bonds?

Combined crime and fidelity scope

Marsh says it places fidelity together with commercial crime and describes employee white-collar fraud as a risk those policies address. Baldwin lists a commercial crime/fidelity bond option for professional-services clients but does not describe the coverage form. Ask Marsh and Baldwin whether employee dishonesty is addressed by a crime policy, a bond, or both, and compare the covered persons and proof requirements. [1] [4]

Placement path

Marsh directs buyers to a crime and fidelity specialist rather than a separate fidelity application. Baldwin describes market navigation and risk advice for professional services. Buyers should ask both who will place the coverage and whether the quote includes a bond certificate for any client or contractual requirement. [1] [4]

What Should You Confirm in The Baldwin Group and Marsh Fidelity Bonds Quotes?

Does Marsh’s combined crime placement provide the specific fidelity bond your contract requires? What bond form and employee-dishonesty limit would Baldwin secure?

Marsh explains fidelity through commercial-crime protection for trusted-employee fraud and uses a specialist placement route; The Baldwin Group lists a bond option but does not describe covered acts or a separate fidelity product.

Sources consulted

01
Commercial crime insurance
Marsh · Employee white-collar fraud: Marsh data shows around 50% of crime policy notifications are for employee fidelity losses, involving trusted employees who exploit systems for personal gain · accessed 2026-09-23
02
Expert Executive and Professional Liability Insurance
Marsh McLennan Agency · Our policies include D&O, E&O, EPL, commercial crime/fidelity, network security privacy risk/cyber, fiduciary, media liability, IP, architects and engineers, lawyers professional, and kidnap and ransom · accessed 2026-09-23
03
Glossary of Insurance Terms
National Association of Insurance Commissioners · Fidelity; Surety Bond · accessed 2026-09-16
04
Professional Liability Insurance & Services
The Baldwin Group · Professional-services customer population lines 35–64; coverage snapshot lines 68–84 lists property, general/professional liability, cyber, workers’ compensation, D&O, fiduciary, crime/fidelity bond, EPL, and IP liability; Employee benefits lines 93–95; accessed 2026-09-29. · accessed 2026-09-30
05
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
06
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