third party fidelity bonds Archives • Surety One, Inc.

A Business Services Bond Gives Third Party Fidelity Bond Protection

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A business services bond is a type of commercial crime coverage, sometimes referred to as a dishonesty bond which is narrowly written to cover the third party perils of specific types of businesses. Many professional and occupational service providers conduct… Continue Reading →

C. Poindexter

09/19/2020

Fidelity Bond, the Importance of Internal Controls

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The most important fidelity bond underwriting consideration is the presence and strength of “internal controls”. A sound system of internal controls is an essential element of enterprise risk management. Every company with any significant employee dishonesty exposures should have formal internal control policies… Continue Reading →

C. Poindexter

06/28/2013

Third Party Fidelity Bond Coverage

3rd party fidelity, dishonesty bond, third party crime, third party crime coverage, third party fidelity, third party fidelity bond, third party fidelity bonds, third party fidelity bonds for i.t. services

It is well established law in most states that a standard fidelity bond does not cover an insured’s liability to a third party, even though an employee’s dishonesty is what sets into motion a chain of events culminating in that liability. … Continue Reading →

C. Poindexter

01/31/2013

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