Management Liability for Financial Institutions

Fidelity and Crime Policy

  • Designed to protect financial institutions from the potentially devastating impact of employee and non-employee perpetrated crimes
  • Dedicated underwriting team with specialists in commercial fidelity, financial accounts, and government agency underwriting
  • Ability to coordinate placement of a locally admitted policy in many foreign jurisdictions where required
  • Monoline coverage available

Crimes perpetrated by employees or non-employees can have a devastating impact to your company, financially and otherwise. This policy is designed to help financial institutions address this risk.

Coverage Highlights

Benefits

  • Dedicated underwriting team with specialists in commercial fidelity, financial accounts, and government agency underwriting
  • Ability to coordinate placement of a locally admitted policy in many foreign jurisdictions where required

Coverage

  • Monoline coverage available
  • All surety association financial institution bond forms

Limits

  • Up to $25 million

Target Clients

  • Any type of public, private, or not-for-profit institution

Primary Forms

  • Financial Institution Bond Form No14 for Brokers Dealers Application SA-5870C
  • Financial Inst Bond Form No14 for Brokers Dlrs Dec Policy FORM 14 DEC-POLICY
  • Financial Inst Bond Form 15 for Mortgage Bankers Finance Cos Application SA-5910B
  • Financial Inst Bond Form for Mortgage Bankers and Finance Cos - Dec-Policy FORM 15 DEC-POLICY
  • Financial Institution Bond Form 24 for Banks - Policy FORM 24 POLICY
  • Financial Institution Bond Form 25 for Insurance Companies- Application SA-5454D
  • Financial Institution Bond Form 25 for Insurance Companies Declaration-Policy FORM 25 DEC-POLICY
  • Computer Crime Policy for Financial Institutions Application SA-6192
  • Computer Crime Policy for Financial Institutions Policy COMPUTER CRIME POLICY

Excess Forms

  • Policy X SDO-001b