What Are the Key Differences Between Gallagher and Liberty Mutual Fidelity Bonds?
ERISA limit analysis versus broad surety underwriting
Gallagher places fidelity bonds with outside carriers and says it uses peer analysis and an exposure index to help set limits. Liberty Mutual Surety describes specialized underwriting across commercial bond sectors but does not say which fidelity forms it offers. Plan sponsors comparing these routes should ask Gallagher to show its recommended limit basis and Liberty Mutual to identify the applicable form. [1] [2]
Claims terms need form-level confirmation
Gallagher says its review checks whether older incidents receive appropriate treatment and whether a claims trigger is practical to prove. Liberty Mutual describes tailored commercial-bond underwriting but publishes no fidelity trigger details. This makes the form’s prior-acts and claim-reporting language a specific comparison point. [1] [2]