Hub International vs Liberty Mutual: Fidelity Bonds

HUB International places crime and fidelity bonds through ProEx and directs prospects to a specialist. Liberty Mutual Surety lists fidelity bonds in its commercial bond catalogue.

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

What Are the Key Differences Between HUB International and Liberty Mutual Fidelity Bonds?

A specialist brokerage practice versus broad surety underwriting

HUB places Crime/Fidelity and Financial Institution Bonds through its ProEx practice and directs prospects to a specialist. Liberty Mutual Surety lists fidelity bonds among commercial bond solutions backed by specialized surety underwriters. Buyers should first decide whether they need crime/fidelity or a financial-institution bond, then request each firm’s matching form. [1] [2]

Service support does not define the bond promise

HUB describes analytics, litigation support, and risk-management services for its ProEx clients, while Liberty Mutual says its commercial-bond underwriting is tailored across sectors. Neither reviewed fidelity description states the covered acts or exclusions, so the carrier form will determine what a claim can recover. [1] [2]

What Should You Confirm in HUB International and Liberty Mutual Fidelity Bonds Quotes?

  • Ask HUB for the precise Crime/Fidelity or Financial Institution form; ask Liberty Mutual for covered acts, exclusions, and the issuing surety. [1] [2]

Crime coverage

HUB International

  • role: HUB places crime and fidelity bond coverage, including financial institution bonds, through its ProEx Professional & Executive Risk practice alongside other executive-liability and financial-institution lines, rather than underwriting these bonds itself. ProEx page coverage list, read 2026-09-23. The page does not name an issuing insurer for Crime/Fidelity or Financial Institution Bonds.company-reportedSource ↗
  • coverage: HUB's ProEx coverage list names "Crime / Fidelity" as an Executive Liability offering and "Financial Institution Bonds" as a separate Financial Institutions offering, but the page gives no further description of insuring agreements, covered dishonest-act scenarios or exclusions for either. ProEx page coverage list only; these are catalogue entries, not policy-form descriptions.company-reportedSource ↗
  • eligibility: No size, industry or state eligibility criteria specific to fidelity bonds or financial institution bonds were found on the ProEx page. Checked the ProEx page on 2026-09-23; these coverages are listed among many others without their own eligibility description.not-foundSource ↗
  • insurer: No insurer is named for Crime/Fidelity or Financial Institution Bonds on the ProEx page; HUB says ProEx places over $2 billion in premium with carriers it calls top-rated, without naming them. Checked the ProEx page on 2026-09-23.not-foundSource ↗
  • limits: Published bond penalty amounts, limits or retentions were not found on the ProEx page. Checked the ProEx page on 2026-09-23; bond amounts are set on the quote and declarations.not-disclosedSource ↗
  • services: HUB says its ProEx team, which lists Crime/Fidelity and Financial Institution Bonds among its coverages, provides analytics, litigation support and risk-management services to clients of all sizes under a named ProEx practice leader. ProEx page team and services description; not specific to a single bond placement.company-reportedSource ↗
  • application: HUB directs prospects for these coverages to contact a ProEx specialist rather than an online quote or bind flow. ProEx page call to action.company-reportedSource ↗

Liberty Mutual

  • role: Liberty Mutual Surety lists fidelity bonds among its commercial bond solutions; it does not identify a particular bond form for a buyer. 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 page identifies fidelity bonds as one item in a broad commercial-bond catalogue but does not describe the covered obligation or claim trigger for a particular fidelity bond. 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 commercial-bonds page describes solutions for individual professionals, midsize businesses and large companies; availability of each bond type for each buyer is not stated. 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 Surety describes its commercial bond solutions as tailored across business sectors and supported by specialized surety underwriting teams. 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 ↗

HUB International’s record describes a a specialist brokerage practice versus broad surety underwriting; Liberty Mutual’s reviewed offering gives a distinct route or detail. Check both quoted forms for your business.

Sources consulted

  1. 01
    HUB ProEx

    HUB International · ProEx Coverages list including Crime / Fidelity under Executive Liability and Financial Institution Bonds under Financial Institutions; Claims & Legal Support section; ProEx premium volume statement · accessed 2026-09-23

  2. 02
    Commercial Bonds

    Liberty Mutual Business Insurance · ‘Broad slate of commercial bonds’ enumerates court/fiduciary, appeal, tax appeal, self-insurer workers compensation, license/permit, reclamation, lost instrument, utility payment, service/supply, business services, public official, ERISA, fidelity and miscellaneous bonds; page states distinct large/small commercial audiences and qualified program scale. · accessed 2026-09-29

  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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