Techinsurance vs Zurich: Fidelity Bonds

TechInsurance arranges commercial fidelity bonds online, describes variants, and does not name the insurer. Zurich U.S. offers ERISA bond options for simple 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

TechInsurance distinguishes business and client fidelity bonds and ERISA bonds; Zurich separates straightforward single plans from complex or multiple plans.

Sources consulted

  1. 01
    Glossary of Insurance Terms

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

  2. 02
    Fidelity Bonds – Quotes Online

    TechInsurance · What do fidelity bonds cover? (fraud, theft, forgery, embezzlement, employee benefits theft/ERISA); What is the difference between first-party and third-party fidelity bonds?; What are the different kinds of fidelity bonds?; How much do fidelity bonds cost?; What is the difference between commercial crime insurance and a fidelity bond? · 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 TechInsurance and Zurich U.S. Fidelity Bonds?

Bond variants and covered loss

TechInsurance describes first-party bonds protecting the business, third-party bonds protecting clients, and ERISA bonds, alongside coverage for employee fraud, theft, forgery, and embezzlement. Zurich’s offering focuses on ERISA: its bond covers direct loss of money, securities, or property caused by employee fraud or dishonesty and may include designated agents or contractors. A business choosing TechInsurance should identify whether it needs protection for its own funds, client property, or a benefit plan; Zurich’s tracks address the ERISA plan use case. [2] [5]

Application and plan complexity

TechInsurance offers an online quote application, with licensed agents available to help add fidelity coverage to a broader package. Zurich offers Express for a single straightforward non-union plan and Select for multiple or complex plans with higher limits. TechInsurance’s digital path may help businesses compare bond types; plan sponsors should ask Zurich which tier accommodates their plan count and whether the selected limit meets the statutory need. [2] [5]

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

  • Ask TechInsurance which bond type protects your funds or clients and which Treasury-authorized surety issues an ERISA bond. [2]
  • Ask Zurich whether Express or Select applies and whether all people handling plan assets are included. [5]

Crime coverage

TechInsurance

  • role: TechInsurance arranges fidelity bonds, describing them as a type of commercial crime insurance and a type of surety bond, distinct from a traditional insurance policy in that the bonding company can seek repayment from the employee responsible for a dishonest act. Fidelity bonds product page.company-reportedSource ↗
  • insurer: The reviewed page does not name a specific surety or insurer for a standard fidelity bond, though it says an ERISA fidelity bond specifically must be purchased from a surety company authorized by the U.S. Department of the Treasury. Fidelity bonds product page as read on 2026-09-23.company-reportedSource ↗
  • coverage: TechInsurance says fidelity bonds cover employee fraud, theft, forgery and embezzlement against the business or its clients, and distinguishes first-party bonds (protecting the business itself) from third-party bonds (protecting clients), plus employee dishonesty, business service, janitorial and ERISA bond variants. Fidelity bonds product page; general policy description, not a specific bond form.company-reportedSource ↗
  • eligibility: TechInsurance targets fidelity bonds at businesses whose employees handle sensitive financial information or access client property unsupervised, naming web hosting, project management, cleaning, healthcare and security-guard companies as example segments. Fidelity bonds product page, Who should get fidelity bonds? section.company-reportedSource ↗
  • limits: TechInsurance says fidelity bond costs vary widely and are typically calculated based on the total bond amount, with underwriting factors including bond type and size, industry risk, number of employees with sensitive-data access, and credit score; it does not publish a median premium for this line as it does for some other policies. Fidelity bonds product page, How much do fidelity bonds cost? section.company-reportedSource ↗
  • application: You request fidelity bond quotes online through a short application; TechInsurance says its licensed agents can help add fidelity bonds to a broader coverage package. Fidelity bonds product page.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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