Newfront vs Zurich: Fidelity Bonds

Newfront brokers fidelity bonds, starting with a consultation request, and supports claims. Zurich U.S. offers ERISA fidelity tracks for straightforward or complex plans, with Express limits up to $1 million and higher Select limits.

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

Newfront groups fidelity with crime but does not detail bond terms; Zurich states an Express cap and higher-limit Select option for ERISA bonds.

Sources consulted

  1. 01
    Glossary of Insurance Terms

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

  2. 02
    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

  3. 03
    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

  4. 04
    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

  5. 05
    ERISA Fidelity Bond | Zurich U.S. Insurance

    Zurich U.S. · ERISA Fidelity Bond options, limits, eligibility, insurer, underwriting conditions · accessed 2026-09-28

What Are the Key Differences Between Newfront and Zurich U.S. Fidelity Bonds?

Published terms and limits

Newfront lists “Fidelity and Crime” among its Executive Risk coverages but does not separately describe bond limits, covered positions, or insuring agreements. Zurich’s ERISA product gives more specific structure: Express has fraud-and-dishonesty limits up to $1 million, while Select provides higher limits and added flexibility for complex or multiple plans. Plan sponsors can ask Newfront for the exact policy form and compare it with Zurich’s published tracks, then check the bond amount required for each plan. [2] [5]

Program access and placement

Newfront brokers the placement through its Executive Risk practice, offers 24/7 dashboard access to policies and certificates, and begins with a consultation request. Zurich describes plan-based tracks but does not name a digital application route in the cited claims. A business that values centralized access can ask Newfront how a bond appears in its dashboard; a plan with multiple or complex arrangements can ask Zurich whether Select fits and what additional documents are required. [2] [5]

What Should You Confirm in Newfront and Zurich U.S. Fidelity Bonds Quotes?

  • Ask Newfront for the bond’s covered positions, limit, and named insurer because the listed coverage groups fidelity with crime. [2]
  • Ask Zurich for the Express cap, Select alternatives, and required plan information for each schedule. [5]

Crime coverage

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 ↗

Zurich U.S.

  • eligibility: Zurich offers Express ERISA bonds for a single non-union plan with straightforward needs (fraud/dishonesty limits up to $1 million) and Select for multiple or complex plans with higher limits and optional coverages. Zurich American Insurance Company (ZAIC) is named as underwriter.; ERISA fidelity bonds; United States. Available for approved states; quoted limit and specific coverages depend on qualification.company-reportedSource ↗
  • coverage: Zurich says its ERISA fidelity bond covers direct loss of money, securities or property caused by employee fraud or dishonest acts, and may include designated agents/independent contractors in its employee definition. Zurich American Insurance Company (ZAIC) is named as underwriter.; ERISA fidelity bonds; United States. Subject to definitions in the issued bond.company-reportedSource ↗
  • limits: The Express option offers fraud/dishonesty limits up to $1 million; Zurich says Select provides higher limits and added coverage flexibility for complex or multiple plans. Zurich American Insurance Company (ZAIC) is named as underwriter.; ERISA fidelity bonds; United States. No numerical Select maximum appears in the opened page.company-reportedSource ↗

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