Project: Fidelity Bond Claim Analysis
Services: Fidelity Bond Claim Analysis
Surety Consulting

Description of Project:
The project involved a fidelity bond claim made by a privately owned, international media and entertainment company. After company employee(s) embezzled money through its capital construction projects, the Fidelity Insurance Company retained Beacon as part of the forensic team to assess the amount of money involved.

Beacon’s Role/Services:
The surety company that held the fidelity bond retained Beacon to perform an independent assessment of the extent of financial liability. Beacon performed an extensive review of related documents including drawings, job estimates, invoices, correspondence and change orders to determine the potential liability. Beacon's thorough analysis of financial liability was used to mediate the loss, substantially reducing the surety's loss.

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