Sorry, but you must not know much about insurance. Coverage for thief by employees/partners is standard rider on most Commercial General Liability (ironic that its initials are CGL) policies. CGL policies are what funds most litigation in North America. You slip and fall in a Starbucks? Starbucks' CGL policy is what will pay for your injuries, pay the defense of Starbucks, or both. You're a barista at Starbucks, and your boss sexually harasses you? The CGL policy is what would cover the cost. I've got a copy of a CGL policy for a small church in a small po-dunk town in South Carolina sitting on my desk right now. I just checked, and they would have coverage if something similar happened to them. The premiums are usually dirt cheap (in comparison to insurance like health or auto.) I can't imagine a company like Catalyst wouldn't have some sort of CGL policy to cover themselves. The insured amount may not cover the whole loss, but it would help.
Remember when Taco Bell floated the target in the south Pacific Ocean and promised to give everyone a free taco if the Mir space station hit it? Do you remember when Dr. Pepper had to give away a free one to everyone because Guns-N-Roses finished "Chinese Democracy?" Those two promotions were actually limited CGL insurance policies paid for by both companies (Lloyds of London if I'm not mistaken.) Both Taco Bell and Dr. Pepper bought insurance to cover the cost of the promotion in case the event happened. Taco Bell's policy didn't have to pay off whereas Dr. Pepper's did. Insurance companies are willing to gamble on almost everything if you're willing to pay the premium.
Remember when Taco Bell floated the target in the south Pacific Ocean and promised to give everyone a free taco if the Mir space station hit it? Do you remember when Dr. Pepper had to give away a free one to everyone because Guns-N-Roses finished "Chinese Democracy?" Those two promotions were actually limited CGL insurance policies paid for by both companies (Lloyds of London if I'm not mistaken.) Both Taco Bell and Dr. Pepper bought insurance to cover the cost of the promotion in case the event happened. Taco Bell's policy didn't have to pay off whereas Dr. Pepper's did. Insurance companies are willing to gamble on almost everything if you're willing to pay the premium.
Penta
I don't mean to be condescending, but insurance is extremely complex subject. Email, blogs, etc. cannot convey tone, etc. I hope I was educational rather than infuriating.