Crime policies cover financial loss in a wide variety of scenarios involving fraud and dishonesty, both by outsider criminals and your own employees.
Companies have wildly different exposure levels to potential criminality, with so many different factors at play. Crime insurance wordings are more comprehensive than traditional fidelity guarantees and can be tailored precisely to your needs.
We design cover to help you even in the most complex scenarios
For example, police investigations and claims can get tricky when:
- an employee is in collusion with a third party
- losses have taken place over a long period of time, but only discovered during the policy period
To counter this, we use our skill, connections and experience to minimise grey areas and expedite claims.
Social engineering cover included – many policies miss this
Social engineering is a modern crime that takes advantage of our increasing reliance on technology.
For example, a criminal actor can use deception to manipulate an employee to make a payment from your company into an offshore account. Many buyers think that will never happen to them. But it does happen, frequently.
Many policies won’t cover this because the payment has been made legitimately - in the bank’s eyes, it’s real. We can make sure you are covered.
Protect against a wide variety of crimes and modus operandi
- Vendor fraud
- In transit
- Counterfeit currency fraud
- Credit Card fraud
- Fund transfer
- Online scams / computer fraud
- Social engineering
It pays to get an experienced risk consultant to review your unique situation. We can build a package that accurately caters for your real needs – including the all-important requirement to be highly cost-effective.