Crime insurance, often referred to as a fidelity bond, protects employers from dishonest acts committed by their employers.

In our “Risk Management 101: Crime, Kidnap and Ransom Insurance Fundamentals” podcast, we discuss:

• Crime policies: What’s covered, who’s covered, and who is required to have coverage.
• Kidnap, ransom, and extortion insurance: What it covers, how it protects employers, covered expenses, confidentiality, and who should buy it.

We also cover the state of the insurance market for fiduciary liability coverage and how premiums are determined.

_{About Marsh’s Risk Management and Insurance Podcast}

_{Marsh’s Risk Management and Insurance Podcast series offers insight into the intricacies of the three major lines of commercial insurance coverage. The series features two content tracks on best practices in property, casualty, and financial and professional liability insurance: RM 101 and the more advanced RM 201*. This educational offering is designed to help risk professionals and individuals with risk management and insurance responsibilities gain a fundamental understanding of the major commercial insurance lines and related risk management strategies.}

_{*RM 201 episodes to be released in 2017.}

Read the Transcript.

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