U.S. Risk Underwriters

Breaking Down Financial Institution Bonds

Financial institutions face many risks in their business operations, including risks that come from both external and internal sources. One of the primary emerging internal risks plaguing the financial services industry is that of employee dishonesty, which can take several forms. While many safeguards are in place, risk management experts like U.S. Risk Underwriters know that certain types of insurance policies can protect against the illegal acts employees commit in financial institutions. These policies are referred to as financial institution bonds. Here is a look at financial institution bonds, how they work, and what they mean for business continuity in the financial industry. 

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