Fidelity & Money insurance

Protection for employee crime and cash loss

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Tell us about your risk challenges. We will help you solve them.

Get in touch

What does Fidelity and Money insurance cover?

Howden provides bespoke fidelity and money solutions, focused on actively managing your risk

Both policies cover different ways criminals can relieve you of your money. That’s why insurance markets tend to group these two risks together.

Fidelity Insurance covers direct financial losses as a result of dishonesty by your employees, either alone or in collusion with others. This usually means fraud. 

Money Insurance covers robbery or theft of money carried by yourself or authorized persons while in transit or within your business premises.  

Such policies define money as cash, bank drafts, currency notes, treasury totes, cheques, postal orders and current postage stamps. They can sometimes include other things too, with policies designed to fit your needs on request.   

We're always monitoring insurer appetites, helping our clients to access the best available terms.

How are the premiums calculated? 

Premiums are priced according to your unique risk. They are calculated from:

  • Location of Risks
  • Money Routes and carrier
  • Method of Transportation
  • Frequency of Money movements
  • Cash limit/exposure (highest and average)
  • Security Arrangement/procedures
  • Background, position, years of service of the employee who will transport the money
  • Security/Auditing Procedures
  • Lost History
 A Howden broker will
  • Present your case to the insurance markets in the best possible light, to help achieve the best possible price
  • Advise on risk management to lower your chances of an incident (which can also help reduce price)

A helping hand when you need it most

Financial crime can harm far more than just your balance sheet. Expert advice is essential to reduce the risk and limit the damage.

Businesses and individuals with higher risk profiles benefit from a bespoke approach.

At Howden, our expertly tailored policies provide broad coverage and flexibility for a wide range of situations. Our experienced team works closely with many different types of clients, offering placement strategy and coverage advice.

Howden can design coverage including elements of fidelity, money, crime, and cyber risk insurance. 

Female advisor talking to male client

A word on claims 

When it's money that’s been suddenly taken out of your business, your very liquidity is on the line. That’s why we strive to get all claims paid extremely quickly. To us, that means building the policy clauses to take away the ambiguity that keeps insurer decision-making dragging on. And if there is any confusion, stepping assuredly into the debate, always.

We're always here to help

Please send us a message  and we'll get back to you as soon as possible. 

Howden Bahrain
United Tower,
Office 3502, 35th Floor
Building 316, Road 4609, Block 346
Manama/Sea Front, Kingdom of Bahrain

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