Insurance Company: An institution that provides coverage by contract whereby one party undertakes to indemnify or guarantee another against loss by a specified contingency or peril.
Surety & Fidelity Association Standard Form 25: Designed for insurance and reinsurance companies of all kinds and insurance brokers that perform underwriting services such as managing general agents.
Companion Forms:
- Computer Crime Policy for Financial Institutions: Stand-alone policy designed to cover exposures associated with the computer systems of the insured.