We make it our job to fully understand the objectives, strategies and challenges of each and every client, placing you at the center of our universe. We offer solutions and professional expertise tailored to your needs, recognizing that your success depends on the collective success of each part of your organization.
Financial Risk Protection Solutions
Allied Solutions has helped to save our clients millions of dollars in insurance premiums over the past 15 years through our commitment to financial risk education and protection, and the unsurpassed technical expertise of our staff. It is for these reasons that we have earned NAFCU Services’ Preferred Partner status for Bond, and led to the establishment of strategic relationships with several financially strong insurance carriers like ProSight Specialty Insurance.
Allied offers a range of financial loss solutions and risk mitigation services to help your financial institution reduce the risk of criminal acts that could lead to debilitating financial burden and reputation damage.
Risk Mitigation Services
Allied Solutions provides complimentary services to help our clients better prepare for and respond to ongoing financial risk exposures so that they may better protect their organization and better serve their account holders. These services include:
Risk Reviews: Allied’s risk specialists perform on-site, consultative risk reviews to identify and address security risks and build sound, comprehensive policies and procedures to better protect the organization’s assets, employees, and account holders.
Risk Alerts: Our risk experts distribute timely alerts to our clients that contain information about developing risks and provide suggested measures for preventing exposure to these risks.
Educational Resources: We provide a number of different educational resources to prepare your staff with the knowledge to enact appropriate risk prevention and identity protection measures. These resources include articles, white papers, training tools, workshops, and webinars on implementation of risk control methods.
Bondability: We perform bondability searches for all of our clients to develop a risk management strategy that is right for your business.
Bond & Liability Solutions
Allied Solutions offers a diversity of products to help protect your financial institution from unwarranted financial risks:
Bond Solutions: Allied offers a range of fidelity and surety bond products to protect our clients from suffering financial losses and reputational damages brought on by burglary, fraud, forgery, and similar criminal acts.
Professional Liability Coverage: We provide liability coverage options to protect your financial institution’s employees from potential loss exposures. These professional liability coverages include:
- Directors, officers, employees, and volunteers liability coverage
- Fiduciary liability coverage
- IRA/Keogh liability coverage
- Employment practices liability coverage
- Credit union professional liability coverage
- Lender liability coverage
Property & Casualty Coverage: This suite of protection products offered to our clients can be customized to suit the needs of your financial institution. These coverage options include:
- Property protection
- General liability coverage
- Business auto coverage
- Workers compensation
Fraud & Cybercrime Solutions
Allied Solutions offers several robust solutions to help prevent, detect, and resolve identity theft and fraud exposures:
Cyber Liability Coverage: Our cyber liability insurance helps cover the costs associated with a data breach, while our breach recovery solutions help your financial institution to respond to and bounce back from the cyber attack.
ID Theft & Fraud Mitigation: Allied offers proactive and reactive solutions to the ever-evolving, national problem of identity theft and fraud. These customized programs include:
- Fraud recovery and counseling services
- Credit bureau monitoring
- Social security monitoring
- ID theft insurance