Travelers introduces new financial institutions bond for asset managers

Hartford, conn.--(business wire)--the travelers companies, inc. (nyse: trv) today announced that it is now offering a new financial institutions bond specifically for asset managers. the product will help protect asset managers against financial loss caused by employee theft or third-party criminal activity and also includes coverage for social engineering fraud, a scheme where an employee is deceived into transferring funds to an illegitimate account. “we know asset managers play a pivotal rol.
TRV Ratings Summary
TRV Quant Ranking