Professional & Management Liability

Crime or Fidelity

Where there are employees, there exists the possibility of theft. Even companies with the greatest internal controls, systems, policies, procedures, have experienced employee and third party pilferage. An employee with access to sensitive information that creates a well calculated plan colluding with another employee can create a loss. Whether the employee(s) is new or a 20 year veteran does not reduce your risk. Often, the assets being diverted are small and under many thresholds, but over time the loss accumulates to a significant amount. It is estimated that nearly 5% of most companies' asset are absconded yearly. Moreover, vendor related crimes have been on the rise and the losses are staggering. A Crime or Fidelity bond protects companies from the financial impact of employee theft or dishonesty. Fidelity Bonds offered:

• Commercial Crime Bonds
• Erisa Bonds
• Investment Company Bonds
• Stockbroker Blanket Bonds
• Banker Blanket Bonds