Also known as FG insurance, it covers your firm for thefts from your own business account by one of your partners, directors or employees.
FG insurance is not part of the cover attorneys receive from the Attorneys Insurance Indemnity Fund.
In addition to negligence claims, law firms also face the risk of employee theft. Shackleton Risk Management’s Fidelity product is designed to protect law firms from such losses. Our FG product covers the insured for losses to the business account or physical assets of the practice as a result of employee dishonesty. Shackleton Risks product is unique in that it allows law firms to be covered in respect of all employees, specific employees, or specific job functions within the firm. This option makes the cost of the cover more appropriate and affordable.
Shackleton Risk has structured this line of cover as a combined Professional Indemnity, Fidelity Guarantee and Misappropriation of Trust Fund Insurance policy, and as a result of this, are in a position to offer rates that will justify your capital outlay.
Should you be interested in Fidelity Guarantee (FG) Insurance, please do not hesitate to contact Gareth Myer on 011-784 5373 or contact us.