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third party fidelity bonds

Fidelity Bond, the Importance of Internal Controls

The most important fidelity bond underwriting consideration is the presence and formality 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… Continue Reading →

Third Party Fidelity Bond

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 →

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