Get Customized, Sector-Focused Solutions With FGIB

Are you providing financial services to third parties? Talk to us about a Bankers Blanket Bond.

FGIB:Securing a Bankers Blanket Bond for Financial Services Clients

Bankers Blanket Bond insurance provides financial institutions with protection against direct financial loss sustained as a result of criminal activity. The professionals at Financial Guaranty Insurance Brokers (FGIB) can provide you with the proper Bankers Blanket Bond coverage you need to safeguard your operation.

Risks Covered

Losses caused through dishonesty of the employees
Loss or damage of/to property in the premises
Loss in transit, including theft or physical destruction of property during transportation
Losses caused by forged checks
Losses caused by forgery of securities and similar instruments
Damage sustained by the financial institution in its ordinary course of business related to transactions (operations) with securities and similar instruments
Losses arising out of counterfeit currency
Damage caused to property in the premises of the insured financial institution as a result of unlawful acts performed by third parties

Who Should Consider Buying this Insurance?

Any organization involved in the provision of financial services to third parties needs to consider Bankers Blanket Bond insurance. This includes all financial institutions, investment managers and investment funds.

WHAT OUR CLIENTS ARE SAYING

“Words cannot express my sincere thanks to FGIB. In 2009 our bank was put into a regulatory C & D. Our Fidelity and D & O Bond was cancelled, without notice, from a company that the bank had been with for over 20 years. The cancellation shocked us, since we had an additional 17 months until the Bond’s expiration date.

It was an extremely difficult time for our bank. Fortunately, we were put in contact with FGIB. FGIB was able to find reasonable coverage for our Fidelity and D & O Bond, when no one else would. We have been a customer ever since. We appreciate FGIB’s honest, personal, and professional service.”

John G. Sorensen, Jr., President

Home Savings Bank

“Financial Guaranty Insurance Brokers have been our provider for insurance policies since the Bank’s inception. I have personally dealt with Joe Scully and Manny Kim for many years and they are excellent to work with. They are always available to assist us with any needs or concerns we may have in dealing with the insurance companies. I would definitely recommend FGIB.”

Toni Umphreyville, Chief Financial Officer

Community Valley Bank

Providing Solutions that Align with Your Business Needs

Our vast network of contacts, through industry organizations, long-established relationships and years of service to the financial industry and beyond, enables FGIB to sort through the complexity of choices to recognize the right fit for your organization. We know your industry and understand how to secure the appropriate insurance solutions. We are licensed in the majority of states and are ready to serve you. Give us a call at 626.793.3330.