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SAN JUAN, Puerto Rico, Feb. 3, 2021 /PRNewswire/ Surety One, Inc. has entered into an agreement with the Madison Energy Group, LLC to provide commercial crime insurance products to Madison s national network of technicians and installers. The program is a deployment of Surety One, Inc. s specialty third party fidelity bond coverage.
Madison Energy
There is often exclusionary language in commercial crime coverage forms that leave an insured exposed to on client s premises risks unless specifically endorsed. A third-party fidelity bond addresses the on-premises peril inherent in certain business activities. Madison s technicians install, configure and adjust proprietary energy products on clients business premises. Initial and follow-up visits to fine-tune equipment create repeat exposures to Madison which are addressed by the fidelity bond.