Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Products
Corporate One FCU partners with Lockton Companies
COLUMBUS, Ohio (11/6/12)--Corporate One FCU has partnered with Lockton Companies to provide risk evaluation and insurance and bond solutions to credit unions.

The program evaluates and can develop solutions for the fidelity bond, directors' and officers' liability, property, liability, workers' compensation, plastic card, mortgage impairment/errors and omissions and umbrella coverages.

The partnership with Lockton provides credit unions a no-cost/no-obligation extensive risk/gap review. This will help credit unions better understand their risk profile, where they have coverage or are exposed and identify any gaps or issues in the coverage. They can then benchmark against other credit unions and compare the existing coverage to what is available in the marketplace.

Following the risk-review process, if remedies are required, Lockton can develop better coverage solutions from a list of insurance markets tailored to the credit union's needs. This process helps credit unions gain a better understanding of their insurance coverage, and satisfies the vendor review due-diligence and fiduciary duty to their members and regulators, Lockton said.


RSS





print
News Now LiveWire
#Maine #creditunion membership growth continues record pace http://t.co/yFRur4TQ0x
2 hours ago
.@TheNCUA closes N.Dade Community Development FCU,Miami Gardens, Fla. determining CU violated some charter provisions,bylaws & fed. rules.
4 hours ago
Why a #creditunion can be a good fit for #smallbiz http://t.co/l7Df9b8vQZ @fundbox
6 hours ago
Who's most adept at saving these days? The middle class, says @Bankrate http://t.co/zVi7typdVU
6 hours ago
.@OregonCCU donates $20K in Sprint program monies to @CMNHospitals @CU4Kids via @NWCUA http://t.co/0wTAH5NTNI
7 hours ago