Management Liability Case Study – Missing Money

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Management Liability Case Study – Missing Money

Management Liability Case Study – Missing Money

The insured company discovered a discrepancy in their finances. Investigations were completed by external auditors and it was found that the insured’s chief financial officer was involved in the misappropriation of the funds.

The Insured was able to claim under the Fidelity Insuring Clause on their Management Liability Policy for the full Fidelity sublimit of $50,000.

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