What Are the Key Differences Between Marsh and Zurich U.S. Fidelity Bonds?
Bond placement versus ERISA plan protection
Marsh does not list fidelity as a separate product in the reviewed pages; it places fidelity together with commercial crime and describes employee white-collar fraud as a key crime-policy risk. Zurich’s ERISA fidelity bond covers direct losses of money, securities, or property caused by employee fraud or dishonesty, with possible coverage for designated agents or contractors. A business addressing general employee fraud can ask Marsh about the combined crime/fidelity placement; a benefit-plan sponsor should confirm that the Zurich form meets its ERISA bonding requirement. [1] [6]
Getting a quote and defining loss
Marsh directs buyers to a crime and fidelity specialist, while Zurich offers Express for one straightforward plan and Select for multiple or complex plans. Marsh’s cited description frames fidelity within crime coverage but does not specify an ERISA plan bond or the form’s covered positions. Zurich identifies employee dishonesty and direct loss, though the quote still must specify limit and named handlers. Buyers should tell each broker whether the need is operational crime protection, an ERISA bond, or both. [1] [6]