Overview of the Program From Allstar Financial Group
Allstar Financial Group offers a Commercial Crime Surety Bond program designed for agents and brokers who need reliable markets for crime and fidelity exposures. This program addresses loss from dishonest acts — including employee theft, forgery, robbery, extortion and computer fraud — and pairs surety options with broader crime coverage where appropriate. We work through multiple standard carriers to place accounts across most U.S. states.
Ideal Accounts and Appetite
- Small to mid-size privately held businesses that handle cash, securities or high-value inventory.
- Professional service firms, healthcare providers, construction contractors and retail operations with employee exposure.
- Organizations that require fidelity bonds for officers, employees or third-party vendors.
- Accounts seeking coverage for computer fraud, funds transfer fraud and social engineering exposures.
We typically consider accounts with clear controls, documented loss prevention procedures and readable financial statements. Accounts with prior losses, weak internal controls, or complex international exposures will require underwriting review and may face restrictions.
Coverage Highlights and Advantages
- Protection for money, securities and property from a broad range of criminal acts.
- Available coverage forms include employee theft, forgery/alteration, inside/outside theft, and computer fraud.
- Flexible limits to match small business needs up to larger commercial placements — markets vary by submission.
- Placement through multiple standard carriers to improve fit and pricing for a variety of risk profiles.
Underwriting Notes and Minimum Premiums
Underwriting focuses on internal controls, employee screening procedures, loss history and the value and handling of funds or securities. Typical submission requirements include an application, explanations of controls, and current financial information. Minimum premium: Varies by carrier and state; submit details for an accurate quote. Larger or higher-risk accounts may require supplemental information or a formal risk survey.
Territories and Availability
Admitted positioning: Most Available States. This program is available through Allstar Financial Group in the following jurisdictions: AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, DC, WV, WI, WY. Availability and specific forms may vary by state and carrier.
Why Work With Allstar Financial Group on This Business
As a Brokerage General Agency, Allstar Financial Group provides access to multiple standard markets and experienced underwriting support tailored for crime and fidelity placements. We help brokers identify the right market, prepare submissions to reduce turnaround time, and clarify what documentation carriers will need. Use this program when you need dependable markets for employee dishonesty and related criminal exposures.
Example Fit Scenarios
- You have a mid-size retail client that handles daily cash deposits and is expanding payroll. They need employee theft coverage and limits sized to their cash exposure — this program can access multiple carriers to find an appropriate limit and pricing.
- A professional services firm requires a fidelity bond for officer dishonesty and protection against client funds misuse. With documented controls and current financials, the account is likely to be competitive in standard markets.
Frequently Asked Questions
What types of accounts are a good fit for Allstar’s Commercial Crime Surety Bond program?
Good fits are small to mid-size businesses with measurable cash, securities or inventory exposures, documented internal controls, and straightforward loss histories. Professional firms, retail operations, and service companies seeking fidelity or crime coverage are typical placements.
What submission materials does the program usually require?
Carriers commonly request a signed application, loss history, descriptions of internal controls and employee screening, and recent financial statements. Additional information may be needed for higher limits or prior losses.
Are these placements admitted or non-admitted?
Allstar places Commercial Crime through standard admitted markets in most available states. Availability and form types vary by state and carrier, so confirm on a per-submission basis.
How quickly can I get a quote or bind coverage?
Turnaround depends on the completeness of the submission and carrier lead times. Well-prepared submissions with required documentation are processed faster; Allstar can advise on documentation to help speed underwriting.
Need help placing an account? Connect with a market specialist.