The Apex Fidelity Bond [Under Review] Apex Trust in association with Lloyds of London and Marsh Limited set up this insurance policy to assist organisations that employ (or wish to employ) people with a criminal record, but find that their current insurance policy doesn't provide them with the necessary employee insurance cover. The Apex Fidelity Bond is targeted specifically for employees with a criminal record and is underwritten by Lloyds in association with Marsh Limited and Apex Charitable Trust. This policy can only be taken out by employers on behalf of a named employee within a specific post. The employee's conviction must be fully disclosed and not related to the position in which the policy is being undertaken. Fidelity guarantee insurance provides an employer with insurance cover for financial loss resulting from an employee's dishonesty. Financial loss by employers tends to be one of the major barriers to the recruitment and selection of ex-offenders into employment as the majority of insurance companies will not consider someone with a criminal record for cover, which puts employers in a difficult position.