Marsh vs Newfront: Fidelity Bonds

Marsh bundles fidelity with commercial crime insurance; a Marsh or Marsh McLennan Agency specialist can discuss the combined placement. Newfront brokers fidelity bonds for executive risk clients; you start by requesting a consultation, and it provides policy and claims support.

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

Marsh and Newfront both group fidelity with commercial crime rather than listing a standalone bond. Marsh cites employee-fidelity losses as about half of its crime notifications; Newfront wraps the cover in Executive Risk consultation and dashboard servicing.

Sources consulted

  1. 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

  2. 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

  3. 03
    Glossary of Insurance Terms

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

  4. 04
    Executive Risk

    Newfront · Key Coverages to Protect Your Business: Fidelity and Crime; Here for the Long Run: Private Companies and Public statistics; Industry-Leading Technology · 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

What Are the Key Differences Between Marsh and Newfront Fidelity Bonds?

Shared Crime Bundle, Different Buyer Support

Neither firm sells a standalone fidelity-bond product on the reviewed pages. Marsh bundles fidelity with commercial crime, and MMA lists commercial crime/fidelity as one executive-liability item; it describes employee white-collar fraud and says those fidelity losses make up about half of crime-policy notifications in its data. Newfront groups Fidelity and Crime under Executive Risk, starts with a consultation, and describes dashboard servicing plus integrated claims negotiation. Choose Marsh if you want crime-program discussion grounded in that reported mix; choose Newfront if you want Executive Risk consultation and dashboard access. [2] [1] [4]

What Each Coverage Entry Actually Says

Marsh describes trusted employees exploiting systems for personal gain as a commercial-crime risk, which is a loss pattern rather than a bond-form list. Newfront lists Fidelity and Crime among Executive Risk Key Coverages but does not separately describe fidelity-specific insuring agreements, employee-dishonesty bond limits or covered positions. You get a Marsh claim-mix story; you get a Newfront catalogue label. Neither page publishes a penalty or names the issuing insurer. [1] [4]

Specialist Engagement Versus Consultation and Dashboard

You engage a Marsh or MMA crime and fidelity specialist, because fidelity is placed with commercial crime rather than through a separate application. You start Newfront by requesting a consultation on the Executive Risk page; Newfront says clients get 24/7 access to policies, certificates and billing through a connected dashboard, with renewal submissions using pre-populated historical data. Newfront also describes work with private companies from seed through later funding and with over 500 public companies. [1] [2] [4]

What Should You Confirm in Marsh and Newfront Fidelity Bonds Quotes?

  • Ask Marsh whether the quote is a commercial crime policy covering employee fidelity, a separate bond, or both. [1] [2]
  • Ask Newfront what Fidelity and Crime means on the quote, since the page lists them as one Key Coverage. [4]
  • Ask Newfront how 24/7 dashboard access to policies and certificates would work for this placement. [4]
  • Get the issuing insurer, limits and retentions from both quotes; neither public page publishes them. [1] [4]

Crime coverage

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 ↗

Newfront

  • role: Newfront brokers fidelity bond coverage as part of its Executive Risk practice, which it groups with crime coverage under one Key Coverages entry. It negotiates placement rather than underwriting the risk. Executive Risk offering page; fidelity and crime are listed together, not as separately described products.company-reportedSource ↗
  • insurer: The reviewed Executive Risk page does not name the insurer or insurers that would issue a fidelity bond placed through Newfront. Executive Risk page as read on 2026-09-23; carrier depends on the specific placement.not-disclosedSource ↗
  • eligibility: Newfront says its Executive Risk practice services private companies from seed round through every series of funding, and describes work with over 500 publicly traded companies, without a fidelity-specific eligibility threshold. Here for the Long Run section; figures describe the executive-risk practice broadly, not fidelity bonds specifically.company-reportedSource ↗
  • coverage: Newfront lists "Fidelity and Crime" among the Key Coverages of its Executive Risk program. The page does not separately describe fidelity-specific insuring agreements such as employee-dishonesty bond limits or covered positions. Executive Risk page Key Coverages list; fidelity and crime are bundled in one line item.company-reportedSource ↗
  • limits: Newfront's Executive Risk page does not publish limits or retentions for fidelity bond coverage. Executive Risk page as read on 2026-09-23.not-disclosedSource ↗
  • services: Newfront says clients get 24/7 access to their insurance program, including policies, certificates of insurance and billing, through its connected dashboard, and that renewal submissions use pre-populated historical data. Industry-Leading Technology section; described across Executive Risk lines, not fidelity-specific.company-reportedSource ↗
  • application: You start a fidelity bond placement by requesting a consultation through Newfront's Executive Risk page. Executive Risk page call-to-action; no online quoting or binding described.company-reportedSource ↗
  • claims: Newfront says it provides "integrated claims and coverage negotiation" for its Executive Risk lines, which would apply to a fidelity bond claim. The Newfront Difference section; described across Executive Risk lines, not a fidelity-specific claims workflow.company-reportedSource ↗

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