Financial Institution Bond Insurance

What is financial institution bond insurance?

Maintaining strong, enforceable internal controls is a priority for many organizations, regardless of their size. Yet even the best internal controls, background checks and audit practices, no matter how well conceived, frequently fall short of stopping a trusted employee from engaging in fraudulent activity. Travelers helps financial institutions understand financial institution bond insurance.

Social Engineering: Expect the Unexpected

Financial institution bond insurance, with optional endorsements for social engineering fraud, electronic signatures, virtual currency and account takeover coverages, provides an important backstop against the actions of dishonest employees, protecting a financial institutions' balance sheet, assets and stakeholders' investments.


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