Also available as Takaful
All of our risk management solutions are available as Sharia'h compliant Takaful. Speak to our specialist Takaful consultants today.Get in touch
wherever you are
Howden has offices in 30 countries and a network of partners in more than 60 locations. Whether you’re a multinational looking for a broker that’s truly global, or a smaller business looking to insure your local needs, we can help you.
BBB is a highly tailorable risk management solution, intended to protect against clearly defined definitions of financial loss.
It’s useful in scenarios where a criminal element is working against the interests of the bank. For example, check fraud or bank robbery. Employee dishonesty that works in the bank’s favour, e.g. to make an institution look more profitable, is one example of fraud that wouldn’t be covered.
We will help you design a policy with the precise blend of insuring clauses to suit your needs.
a) Full or partial coverage
Choose whether you want to cover 100% of your risk or just certain elements of it.
b) Variable Limit of Liability
Tailor your policy to suit your requirements, with no unnecessary extras.
c) Variable deductible
Select the level of your deductible, to match your risk appetite.
Plus, 24/7 claims line
Financial crime never sleeps, so neither does our claims line. We'll be there for you whenever you need us.
1. Employee fraud or dishonesty
Financial loss arising from dishonest acts by your employees
2. Cyber and computer crime
Covers losses from dishonest acts committed using computers, either by employees, outsiders or both in collusion. Click for more on our cyber capabilities.
3. Hold-ups and robbery
Covers bank robbery, including robbery by non-employees and employees.
4. Premises cover
Loss of property or funds resulting from theft, unexplained disappearance, damage, destruction or misplacement.
5. Damages to offices and content
Damage to furniture, fittings and equipment during a burglary, theft, hold-up etc.
6. Transit cover
Global coverage for loss or damage to property. Includes transits conducted by employees, courier services and registered post.
7. Forged checks
Covers losses from forgery or fraudulent alteration of cheques, bills of exchange, drafts, acceptances, withdrawal orders, certificates of deposit, letters of credit and money orders.
8. Forged securities
Any securities not covered above - and not insured under other policies – can be covered under BBB. It’s your broker’s job to help you find the most cost-effective options. Give us a call.
9. Counterfeit currency
Financial losses resulting from forged notes or coins taken in good faith at your premises.
Howden access a wide variety of participating insurers, connecting with both local markets and the Lloyds of London market, in order to provide maximum financial stability.
Concerning cyber cover, we enjoy privileged access to over 40 insurance providers all of which have deep experience in global cyber and tech professional indemnity risks.
Many banks severely underestimate their total sum insured. To discuss how to calculate the total sum insured more accurately, speak to a Howden broker today.