Best Commercial Crime Insurance Firms in USA
Non-sponsored, Expert Verified and Transparently Ranked Commercial Crime Insurance Firms in USA
Published: December 21, 2025 | Verified by: Ted Scheiman & Rob Watts
Executive Summary
We analyzed 5 solutions. Top Recommendation: Insurance by Ascot Group scored highest due to Enhanced coverage features including a broadened definition of “employee” (covering independent contractors and outside attorneys), expanded client property theft off-premises, joint loss payee language, ERISA-focused inflation guard, and accelerated retention recovery for faster reimbursement after successful fund recoveries..
Content Verification
Side-by-Side Comparison
| Feature | #1 Insurance (Ascot Group) | #2 Business Insurance (Frankenmuth Insurance) | #3 Business Insurance (Risk Specialty Group) | #4 Crime Insurance for Trucking Businesses (Western Truck Insurance Services) | #5 Cyber Liability & Crime Insurance (InterWest Insurance Services) |
|---|---|---|---|---|---|
| Best For | Enhanced coverage features including a broadened definition of “employee” (covering independent contractors and outside attorneys), expanded client property theft off-premises, joint loss payee language, ERISA-focused inflation guard, and accelerated retention recovery for faster reimbursement after successful fund recoveries. | Backed by more than 150 years in business, an AM Best A (Excellent) rating, and a strong regional service model with local independent agents and 24/7 claims reporting focused on fast, fair claims handling. | Specialized focus on fidelity and crime risks with tailored policies that address both traditional theft exposures and modern cyber-enabled crime, helping organizations close gaps left by other property or cyber policies. | Industry specialization in trucking and transportation, combining sector-specific underwriting expertise with crime coverage tailored to the cash, cargo, and employee-theft exposures common in fleets and logistics operations. | Broker-access model with the ability to source and tailor top-rated cyber and crime policies from multiple carriers, aligning coverage with each client’s specific risk profile and budget. |
| Coverage Extent | Covers direct financial loss from theft, fraud, forgery, and other dishonest acts, including social engineering; addresses internal and external threats. “Employee” includes independent contractors and retained attorneys. Available in all 50 U.S. states. (ascotgroup.com) | Covers losses from employee theft; forgery or alteration; on‑premises theft of money/securities or robbery/safe burglary; off‑premises destruction, theft or disappearance; computer fraud and funds transfer fraud; and money order or counterfeit money losses. (fmins.com) | Coverage spans: Auto; Business Personal Property; Cyber; D&O; EPLI; Environmental; Fidelity & Crime; Fiduciary; General Liability; Inland Marine; Kidnap & Ransom; Professional Liability; Surety; Umbrella; and Workers’ Compensation, tailored for design professionals. (riskspecialtygroup.com) | Covers employee theft, filling the standard employee-theft exclusion in motor truck cargo and warehouse legal policies for trucking operations. (truckinsure.com) | First-party: electronic data and systems restoration, business interruption, PR/reputation. Third-party: customer notification, credit monitoring, defense, settlements, judgments. Covers hacking, ransomware, phishing, malware, data breaches, employee error, lost devices; plus cybercrime losses from fraud, theft, phishing scams, and social engineering. (iwins.com) |
| Pricing Structure | N/A | Custom, agent-mediated pricing; no online quotes or published rates. Quotes are provided exclusively through independent agents. Billing and payments via portal, mobile app, or phone; pay by eCheck, credit card, or check (one-time payments available). Premium audit tool available to estimate what you’ll pay. (fmins.com) | Custom, quote-based pricing. Premiums vary by industry, business size, and coverage level; policies are placed with top-rated carriers. No public rate card, request a free quote. (riskspecialtygroup.com) | N/A | Quote-based, customized pricing; no publicly listed rates. Request a free quote from InterWest. (select.iwins.com) |
| Claims Handling Efficiency | Dedicated in-house claims team for Management & Professional Lines; prioritizes quick, proactive, transparent responses. (ascotgroup.com) In July 2025, Ascot U.S. implemented Guidewire ClaimCenter, speeding claim intake, boosting productivity, and enabling faster, more accurate service. (businesswire.com) U.S. claims contact: usclaims@ascotgroup.com, 833-454-3023. (ascotgroup.com) | 24/7/365 claim reporting (phone/online/agent) and a “fast, fair” claims promise. Frankenmuth reports ~95% claims satisfaction and received Forbes Advisor recognition; it also ranked top-15 in CRASH Network’s 2025 Insurer Report Card for claims handling (auto), signaling strong efficiency. (fmins.com) (fmins.com) | Direct reporting of GL/Property/Auto/WC claims to carriers is recommended to ensure quick claim-file setup; Risk Specialty Group assists during the process. For Professional Liability, Cyber, D&O, EPLI, and Crime claims, they ask clients to contact them first; many carriers offer free pre-claims assistance. (riskspecialtygroup.com) | Claims can be submitted online or via the TruckInsure app. (truckinsure.com) Western Truck Insurance immediately confirms claims in writing, relays priorities to the carrier, and actively follows up, emphasizing quick handling and partnering with carriers that “deliver” better claims service. (truckinsure.com) | InterWest supports cyber/crime claims with in-house claims professionals and a designated Claim Specialist who liaises with carriers to expedite resolution; a written service timeline outlines commitments. Claims are reported M, F 8:30, 5 PT via (800) 444-4134, with 24/7 emergency reporting through carriers and posted after-hours contacts. (iwins.com) |
Ascot GroupCompany Information
Description
Ascot Group is an insurance and reinsurance provider that emphasizes building solutions tailored to various industry needs, offering specialty insurance and reinsurance products worldwide.
What They Do
Ascot provides specialty insurance and reinsurance solutions across various industries, emphasizing adaptability and client partnership.
Who They Serve
They serve a diverse range of industries including construction, healthcare, financial institutions, marine, and more.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Social Media
Key Pages
Navigation Links
Summary
AscotEXEC Commercial Crime Insurance is a dedicated commercial crime policy that covers financial losses from theft, fraud, forgery, social engineering fraud, and other dishonest acts. It is designed for commercial risks of all sizes, including privately held, nonprofit, and publicly traded companies across industries such as professional services, technology, construction, real estate, and health care, and is available in all 50 U.S. states.
Key Features
- Wide range of specialty insurance lines
- Customizable coverage options
- Industry-specific solutions
- Experienced underwriting and claims teams
- Capacity for MGAs, MGUs, and Captives
Key Benefits
- Comprehensive insurance solutions for complex and specialized risks
- Tailored products for a variety of industries and business needs
- Expert underwriting teams with deep industry experience
- Dedicated in-house claims teams for certain lines (e.g., Ocean Marine)
- Long-term partnership approach for risk assumption
Who Is It For
- Business leaders seeking comprehensive risk solutions
- Commercial clients in construction, logistics, transportation, manufacturing, and communications
- Healthcare providers
- Law firms (5 or more lawyers)
- Media and content companies
- Technology providers (software, hardware, IT consulting)
- Public, private, and non-profit companies
- Financial institutions
- Organizations with significant accounts receivable
- MGAs, MGUs, Captives, and other risk partners
Specialized Insurance Solutions for Every Challenge
When seeking comprehensive insurance solutions for cargo, casualty, energy, and environmental concerns, successful business leaders trust Ascot. Let our ecosystem of specialty insurance underwrite your next venture, with a mission to solve every challenge through an unparalleled partnership.
Specialty Lines
Ascot offers a range of specialty insurance lines including Environmental, E&S Casualty, Excess Casualty, Marine (Inland, Ocean, Cargo), and Workers’ Compensation.
- Environmental: Underwriters with diverse backgrounds help clients navigate risk.
- E&S Casualty: Primary and Excess Liability for mid-sized accounts.
- Excess Casualty: Customized solutions for National Accounts.
- Marine: Original specialty line, with deep heritage.
- Inland Marine: Coverage for construction, logistics, transportation, manufacturing, and communications.
- Ocean Marine: In-house claims team, admitted marine market expertise.
- Ocean Cargo: Cargo insurance for goods in transit worldwide.
- Workers’ Compensation: Tailored products and services for unique client needs.
Financial Lines
AscotPRO® suite offers Cyber & Professional Liability solutions. Additional products include Healthcare Professional Liability, Lawyers Professional Liability, Media Liability, Misc Professional Liability, Technology E&O, AscotEXECTM (Management Liability), Surety, and Trade Credit.
- AscotPRO®: Cyber & Professional Liability for evolving threats.
- Cyber: Protection against cyber exposures and business threats.
- Healthcare Professional Liability: Made-to-order solutions for healthcare providers.
- Lawyers Professional Liability: Customized for law firms with 5+ lawyers.
- Media Liability: Tailored for content creators/distributors.
- Misc Professional Liability: Coverage for a wide range of professional services.
- Technology E&O: For technology providers, covers defense and settlement costs.
- AscotEXECTM: Management Liability for public, private, and non-profit companies, and financial institutions.
- Surety: Superior service and underwriting discipline.
- Trade Credit: Protects accounts receivable.
Industry-leading Services
Ascot offers Portfolio Solutions, providing capacity for MGAs, MGUs, Captives, and other organizations seeking a long-term risk assumption partner.
- Broad range of capacity for risk partners
- Long-term partnership focus
Industries We Serve
Ascot supports a variety of businesses globally, building solutions unique to each industry's needs.
- Construction
- Logistics
- Transportation
- Manufacturing
- Communications
- Healthcare
- Legal
- Media
- Technology
- Financial institutions
- Public, private, and non-profit sectors
Partnership Engagement
Ascot’s insurance experts are available to guide clients through specialized solutions, emphasizing partnership.
Resources
Supporting Resources
Detailed Comparison
Coverage Extent
Claims Handling Efficiency
Frankenmuth InsuranceCompany Information
Risk Specialty Group is a risk management solutions provider that offers business insurance and professional liability coverage to protect businesses from unexpected challenges. They provide comprehensive risk management services, including commercial automobile insurance, business personal property insurance, cyber liability insurance, directors and officers (D&O) liability insurance, and employment practices liability insurance.
Keywords
Description
Risk Specialty Group is an independent insurance agency providing tailored business insurance and risk management solutions for design professionals. They represent clients rather than specific carriers, offering a range of coverages from over 20 A-rated carriers. Their expertise includes risk assessments and support to mitigate business liabilities.
What They Do
Provide business insurance and risk management services tailored for design professionals.
Who They Serve
Design professionals such as architects, engineers, interior designers, and environmental consultants.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Summary
Frankenmuth Insurance offers commercial crime coverage as part of its business insurance portfolio for small and midsize businesses. The coverage helps organizations recover from losses caused by employee theft, forgery or alteration, computer fraud, and funds transfer fraud.
Key Features
- Businessowners policy (BOP): Combines property and general liability insurance for small businesses
- Commercial package policy: Combines property and general liability insurance for mid-size and large businesses
- Workers compensation: Covers medical bills and lost wages for work-related illnesses and injuries (required in most states)
- Cyber and information protection: Combines cyber liability and data breach insurance
- Commercial auto: Covers company-owned vehicles used for business
- Hired and non-owned auto liability: Covers leased, rented, and employee-owned vehicles used for business
- Commercial umbrella: Provides extra protection beyond liability policy limits
- Equipment breakdown: Covers damage to mechanical equipment, loss of income, spoiled inventory, and inspection costs
- Professional liability (E&O): Covers legal expenses for lawsuits over unsatisfactory work
- Employee benefits liability: Covers claims related to negligent administration of employee benefits
- Commercial crime: Covers losses from employee theft, forgery, fraud, and more
- Inland marine: Covers mobile property off premises that is lost, stolen, or damaged
- Employment-related practices liability (EPLI): Covers legal fees for employee lawsuits (discrimination, harassment, wrongful termination, etc.)
Key Benefits
- Comprehensive coverage tailored to business needs
- Industry-specific enhancements
- Guidance from local, independent insurance experts
- Fast, fair claims process with 24/7 reporting
- Regional loss control experts to help avoid losses
- Financial strength with a reputable history (AM Best “A” rating, A+ BBB rating)
- Superior customer service and claims satisfaction (over 95%)
Who Is It For
- Small businesses
- Mid-size businesses
- Large businesses
- Contractors
- Manufacturers
- Offices and professional services
- Real estate businesses
- Retail stores
- Service industries
- Wholesalers and distributors
You know business. We know business insurance.
Frankenmuth Insurance offers comprehensive product offerings with unique coverage enhancements to meet the needs of today’s business owners. Local, independent agents provide personalized service to ensure businesses have the right protection.
Industry specializations
Frankenmuth Insurance is especially equipped to protect certain industries with unique coverage enhancements.
- Construction
- Manufacturers
- Offices and professional services
- Real estate
- Retail stores
- Service industries
- Small businesses
- Wholesalers and distributors
Explore coverages
A variety of business insurance coverages are available, including BOP, commercial package, workers compensation, cyber, auto, umbrella, equipment breakdown, professional liability, employee benefits liability, commercial crime, inland marine, and EPLI.
- Businessowners policy (BOP)
- Commercial package policy
- Workers compensation
- Cyber and information protection
- Commercial auto
- Hired and non-owned auto liability
- Commercial umbrella
- Equipment breakdown
- Professional liability
- Employee benefits liability
- Commercial crime
- Inland marine
- Employment-related practices liability (EPLI)
The Frankenmuth Insurance difference
Frankenmuth Insurance stands out for its reputable history, expert guidance, fast and fair claims, loss control services, and trustworthy partnership.
- Reputable history (over 150 years, AM Best 'A', A+ BBB)
- Guidance and expertise from local agents
- Fast, fair claims with 24/7 reporting and 24-hour response
- Loss control experts knowledgeable in OSHA and risk management
- Regional company with national financial strength
Resources
Supporting Resources
Detailed Comparison
Coverage Extent
Pricing Structure
Claims Handling Efficiency
Risk Specialty GroupCompany Information
Risk Specialty Group is a risk management solutions provider that offers business insurance and professional liability coverage to protect businesses from unexpected challenges. They provide comprehensive risk management services, including commercial automobile insurance, business personal property insurance, cyber liability insurance, directors and officers (D&O) liability insurance, and employment practices liability insurance.
Keywords
Description
Risk Specialty Group is an independent insurance agency providing tailored business insurance and risk management solutions for design professionals. They represent clients rather than specific carriers, offering a range of coverages from over 20 A-rated carriers. Their expertise includes risk assessments and support to mitigate business liabilities.
What They Do
Provide business insurance and risk management services tailored for design professionals.
Who They Serve
Design professionals such as architects, engineers, interior designers, and environmental consultants.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Summary
Risk Specialty Group’s Fidelity and Crime Insurance provides protection for money, property, and data stolen through criminal acts such as employee dishonesty, robbery, burglary, forgery, and computer or funds transfer fraud. It is designed to help businesses recover financially from internal and external fraud and theft events.
Key Features
- Comprehensive risk assessment and management
- Customizable insurance policies
- Coverage for a wide range of business risks
- Industry-specific expertise
- Regular policy reviews and ongoing support
Key Benefits
- Protection against property damage, liability, cyber threats, and employee claims
- Customized insurance solutions tailored to specific business needs and industries
- Access to a wide range of insurance carriers for optimal coverage and competitive rates
- Proactive risk management and ongoing support
- Prompt claims assistance and same-day certificate delivery
Who Is It For
- Architects
- Engineers
- Surveyors
- Environmental Consultants
- Interior Designers
- Information Technology
- Software Designers
- Manufacturers
- Construction Managers
- EPC Firms
- Oil & Gas Consultants
- Control System Integration
- Cost Estimators
- Landscape Architects
- Drafting Firms
Get a Free Quote
Click here to get started. Prefer to talk? Call us at 713-552-1900. Secure your business with commercial insurance, safeguarding you against unforeseen losses.
What Is Business Insurance?
Business insurance is a type of protection that protects your company against losses. It can help pay for things like property damage, liability claims, and employee injuries. Brokers look for policies from multiple insurers to find the best fit for your needs.
All Business Insurance Solutions
Comprehensive risk management services safeguard your assets, employees, and profits against unexpected challenges. Types of business insurance offered include commercial auto, property, cyber, D&O, EPLI, environmental, crime, fiduciary, general liability, inland marine, kidnap & ransom, professional liability, surety bond, umbrella, and workers comp.
- Commercial Automobile Insurance
- Business Personal Property Insurance
- Cyber Liability Insurance
- Directors and Officers (D&O) Liability Insurance
- Employment Practices Liability Insurance
- Environmental Liability Insurance
- Fidelity and Crime Insurance
- Fiduciary Liability Insurance
- General Liability Insurance
- Inland Marine Insurance
- Kidnap and Ransom Insurance
- Professional Liability Insurance
- Surety Bond Insurance
- Umbrella Insurance Policy
- Workers Compensation Insurance
What Does Business Insurance Cover?
Business insurance protects against a variety of risks, including liability for injuries or damage, property damage, cyber threats, business interruptions, and employee claims.
- Liability for Injuries or Damage
- Property Damage
- Cyber Threats
- Business Interruptions
- Employee Claims
Who We Serve
Comprehensive business insurance and risk management solutions tailored to meet the unique challenges of any industry.
- Architects
- Engineers
- Surveyors
- Environmental Consultants
- Interior Designers
- Information Technology
- Software Designers
- Manufacturers
- Construction Managers
- EPC Firms
- Oil & Gas Consultants
- Control System Integration
- Cost Estimators
- Landscape Architects
- Drafting Firms
Explore Business Insurance by State
Select your state to explore available business insurance coverages.
- United States
- Arizona
- Arkansas
- Oklahoma
- Texas
FAQs about Business Insurance
Frequently asked questions about business insurance coverage, customization, cost, claims, and agency services.
Why Choose Risk Specialty Group For Business Insurance?
Risk Specialty Group is a strategic partner in navigating business insurance, offering industry expertise, customized solutions, proactive risk management, comprehensive coverage, trusted partnerships, and ongoing support.
- Industry Expertise
- Customized Solutions
- Proactive Approach
- Comprehensive Coverage
- Trusted Partnerships
- Ongoing Support
Contact Us Today
Ready to take the next step? Contact Insurance Firm today and experience the trusted support of Risk Specialty.
Just a Quote
Applications for Architects, Engineers, Surveyors or Environmental Consultants (all others use the Just a Quote Form). Please use the links below to complete Applications for Professional Liability, General Liability, Auto and Workers’ Compensation.
- Professional Liability Application
- General Liability Application
- Automobile Insurance Application
- Workers’ Compensation Application
Resources
Supporting Resources
Detailed Comparison
Coverage Extent
Pricing Structure
Claims Handling Efficiency
Crime Insurance for Trucking Businesses
Western Truck Insurance ServicesCompany Information
Description
Western Truck Insurance is a truck insurance agency focused on helping owner operators and truck fleets buy quality, affordable truck insurance. Our proprietary software gives our agents the necessary tools to instantly match you with the largest truck insurance companies and the specialty truck insurance companies to create a comprehensive list of potential insurers.
What They Do
Provide insurance services for owner operators and truck fleets.
Who They Serve
Owner operators and truck fleet managers.
Key Value Propositions
Target Customers
Industries Served
Contact Information
Key Pages
Navigation Links
Summary
Western Truck Insurance Services offers crime insurance targeted at trucking and transportation businesses to protect against losses from employee dishonesty, theft of money and securities, forgery, and similar criminal acts. It is structured to complement core commercial truck and fleet insurance programs.
Detailed Comparison
Coverage Extent
Claims Handling Efficiency
Cyber Liability & Crime Insurance
InterWest Insurance ServicesCompany Information
Description
InterWest offers unparalleled industry knowledge and an unwavering dedication to protecting and growing your financial health.
What They Do
Providing tailored insurance solutions across various industries.
Who They Serve
Businesses and individuals seeking comprehensive insurance coverage.
Key Value Propositions
Target Customers
Industries Served
Key Pages
Summary
InterWest Insurance Services provides a combined cyber liability and crime insurance solution to help small and midsize businesses recover from cybercrime and related criminal events. Coverage can include hacking, ransomware, phishing, data breaches, and other cyber-related crimes, with both first-party and third-party protections.
Key Features
- First-party coverage: electronic data restoration, systems restoration, business interruption coverage, PR and reputation management
- Third-party coverage: customer notification, credit monitoring services, liability lawsuits (defense costs, settlements, and judgments)
- Coverage for hacking, ransomware, phishing, malware attacks, data breaches, employee error, lost devices, and other cyber-related risks
- Cyber crime insurance: protection against financial losses from fraud, theft, phishing scams, and social engineering
Key Benefits
- Helps businesses recover from data breaches and cyber attacks
- Provides a safety net against cyber risks
- Customizable coverage to fit business needs and budgets
- Access to experts for policy design and risk assessment
Who Is It For
- Small businesses
- Midsize businesses
- Companies of every size, specialty, and industry
- Industries: Construction, Transportation, Agribusiness, Human & Social Service, Small Business, Sports, Leisure, & Hospitality
Cyber Liability & Crime
Help your business recover in the event of a data breach or cyber attack.
First-party Coverage
- Electronic data restoration
- Systems restoration
- Business Interruption coverage
- PR and reputation management
Third-party Coverage
- Customer notification
- Credit monitoring services
- Liability Lawsuits – defense costs, settlements, and judgements
FAQ
- Difference between first-party and third-party coverage
- Types of incidents covered
- Difference between cyber crime insurance and cyber liability
- How to determine coverage needs
Our Industry Focus
Insurance programs for all types of firms related to the construction industry, transportation, agribusiness, human & social service, small business, sports, leisure, & hospitality.
- Construction
- Transportation
- Agribusiness
- Human & Social Service
- Small Business
- Sports, Leisure, & Hospitality
Resources
Detailed Comparison
Coverage Extent
Pricing Structure
Claims Handling Efficiency
Our Ranking Methodology
How we rank these offerings
We ranked these Commercial Crime Insurance Firms in USA based on three key factors: Coverage Extent (45% weight), Claims Handling Efficiency (35% weight), and Pricing Structure (20% weight). 'Insurance' scored highest because of its comprehensive coverage and efficient claims handling. While 'Business Insurance: Frankenmuth Insurance' also performed well, 'Cyber Liability & Crime Insurance: InterWest' was praised for its innovative cybercrime integration but rated lower in pricing transparency.
Ranking Criteria Weights:
Frequently Asked Questions
- What are the typical costs and pricing models for commercial crime insurance in the USA?
- Commercial crime insurance pricing in the USA generally varies based on the size and industry of the business, the level of coverage, and specific risks associated with the business activities. Policies like those from AscotEXEC and Frankenmuth Insurance offer customizable coverage options, which can affect premiums. Typically, businesses need to consider both the coverage limits and deductibles. For instance, coverage that includes protections against social engineering fraud or cyber-related crimes may come at a higher premium due to increased risk exposure.
- What key selection criteria should businesses consider when choosing a commercial crime insurance policy?
- Businesses should evaluate coverage specifics such as the types of criminal acts covered (e.g., employee theft, computer fraud), the extent of protection across internal and external threats, as seen in policies by Risk Specialty Group and InterWest Insurance Services. Other vital considerations include the insurer's experience in specific sectors, such as trucking with Western Truck Insurance Services, and the ability to integrate with existing insurance programs. Compliance with industry standards and the insurer's claim process efficiency should also be assessed.
- What are the industry standards and compliance considerations for commercial crime insurance?
- Commercial crime insurance must align with industry standards, which often include ensuring compliance with both state and federal regulations concerning financial and data protection. Companies like InterWest Insurance Services integrate cyber liability with crime insurance to comply with cybersecurity laws effectively. Insurers may also require businesses to implement risk management practices, such as employee background checks or IT security protocols, to minimize the chances of fraud.
- What are common implementation challenges with commercial crime insurance, and how can they be addressed?
- Implementation challenges include identifying applicable risks, selecting adequate coverage scope, and integrating policies with existing risk management frameworks. Solutions provided by companies like Frankenmuth Insurance involve detailed risk assessments to ensure coverage meets specific business needs. Additionally, educating employees on potential threats and implementing strong internal controls can bolster policy effectiveness and prevent coverage gaps.
- How can businesses measure the ROI and value delivery of commercial crime insurance?
- The ROI of commercial crime insurance is measured by the financial protection it offers against losses from fraud and theft, compared to the premiums paid. Value delivery can also be seen in enhanced trust with stakeholders, knowing the business is protected, as seen with offerings from Risk Specialty Group. Real-world value can be demonstrated through reduced financial losses and operational disruption in the event of a crime, reflecting the importance of comprehensive coverage.
Our Promise: We promise to deliver the highest quality company and offering data, free from sponsored bias. We compile data from across the internet, to give the most accurate and true rankings, according to our transparent algorithms.