Hub International vs Travelers: Fidelity Bonds

HUB International places crime and fidelity offerings through its ProEx practice and directs buyers to a specialist. Travelers offers ERISA fidelity coverage to employee benefit plans against losses from fraud or dishonesty.

Van Ness Partners presents a practical comparison of source materials relevant to financial crime exposures.Research updated 2026-09-25

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

ERISA Plan Bond Versus ProEx Bond Options

Travelers describes ERISA fidelity as protection for a benefit plan against fraud or dishonesty by people handling plan funds. HUB ProEx lists Crime/Fidelity and Financial Institution Bonds, with analytics, litigation support and risk management; its listing does not define the bond forms. [3] [1] Choose Travelers if you need an ERISA plan bond through an independent agent; choose HUB if you need to explore Crime/Fidelity or a financial-institution bond with ProEx.

What the Pages Say the Cover Does

HUB’s list does not describe insuring agreements or dishonest-act scenarios. Travelers describes cover for an employee benefit plan against fraud or dishonesty such as theft, embezzlement or forgery by people who handle plan funds—which may or may not be the same placement as ProEx Crime/Fidelity or an FI bond. [1] [3]

Buying Route and Services

HUB directs you to a ProEx specialist and says that team provides analytics, litigation support and risk-management. Travelers ERISA fidelity is bought through a Travelers independent agent. HUB does not name the issuer; Travelers does not publish bond amounts on the reviewed pages. [1] [4]

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

  • Ask HUB whether the quote is Crime/Fidelity, a financial institution bond, an ERISA bond, or more than one. [1]
  • Ask the Travelers agent for the penalty, named plan and covered handlers. [3]
  • If HUB places Travelers paper, confirm that on the quote rather than assuming it from these pages. [1] [4]
  • Compare ProEx litigation support with the agent’s claims path on a plan-asset loss. [1] [3]

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 ↗

Travelers

  • role: Travelers lists ERISA fidelity as one of its Management & Professional Liability products, and separately lists ERISA Fidelity among the bond types it provides on its surety bond page. Management & Professional Liability product list and Surety Bonds product list.company-reportedSource ↗Source ↗
  • coverage: Travelers describes ERISA fidelity insurance as covering an employee benefit plan against losses caused by acts of fraud or dishonesty, such as theft, embezzlement or forgery, by the people who handle plan funds. Management & Professional Liability Insurance page, ERISA fidelity insurance entry; exact terms and required minimum bond amounts are set by ERISA and the issued bond.company-reportedSource ↗
  • eligibility: Travelers offers ERISA fidelity coverage as part of a product suite that also covers private companies, public companies, nonprofit organizations and financial institutions, but the reviewed pages do not name specific eligible business sizes or industries for the ERISA fidelity product itself. Management & Professional Liability Insurance page general eligibility statement.not-disclosedSource ↗
  • limits: Neither reviewed page publishes bond amounts, premiums or terms for ERISA fidelity coverage; federal ERISA rules set minimum bonding requirements, but Travelers' specific offer would appear on a quote. Management & Professional Liability and Surety Bonds pages as read on 2026-09-23.not-foundSource ↗Source ↗
  • application: ERISA fidelity coverage is bought through a Travelers independent agent. Surety Bonds page "Find an insurance agent" call to action.company-reportedSource ↗

Travelers describes ERISA fidelity for employee benefit plans through independent agents; HUB ProEx lists Crime/Fidelity and Financial Institution Bonds with analytics and litigation support.

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
    Glossary of Insurance Terms

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

  3. 03
    Management and Professional Liability Insurance

    Travelers · "Select a product" list: ERISA fidelity insurance — "helps cover an employee benefit plan against losses caused by acts of fraud or dishonesty such as theft, embezzlement or forgery" · accessed 2026-09-23

  4. 04
    Surety Bonds

    Travelers · "Surety bonds provided by Travelers" list, including ERISA Fidelity · accessed 2026-09-23

  5. 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

  6. 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

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