Blanket Employees Dishonesty Bond for the Wisconsin Court System

The Blanket Employees Dishonesty Bond for the Wisconsin Court System is a specialized insurance contract designed to protect the state's court system against financial losses resulting from employee theft or dishonest actions. The vehicle provides comprehensive coverage through a fidelity bond mechanism, specifically addressing potential monetary risks associated with employees handling financial resources. This contract covers a total of 173 employees across three distinct classifications based on their level of money handling, ensuring comprehensive protection for the court system's financial integrity.

The contract is administered by the Wisconsin Department of Administration and was awarded to The Brehmer Agency, Inc., with Liberty Mutual Surety providing the actual insurance coverage. The three-year performance period extends from January 1, 2017 through January 1, 2020, with a total prepaid premium of $1,577. The bond offers $500,000 per occurrence coverage with a $5,000 deductible, specifically tailored to the Wisconsin Court System's risk profile. The contract replaced a previous agreement and encompasses various surety and fidelity insurance categories, including commercial surety bonds and fidelity guarantee insurance, as categorized by UNSPSC and NIGP codes.