Protection against financial loss
Crime Protection is a specialised type of cover designed to protect businesses from financial losses due to criminal activities such as theft, fraud or employee dishonesty. This insurance typically covers direct losses from incidents like fidelity, burglary, forgery or cybercrime, helping organisations recover financially after a crime occurs.
By investing in Crime Protection, businesses can mitigate risk and ensure continuity even in the face of unforeseen criminal acts.
Although effective internal protocols can help a company prevent fraud, dishonest employees and external fraudsters can still breach the security of even the best-managed organisations with the strongest controls, resulting in potentially significant financial losses.
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Key coverages
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Internal crime/fidelity
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External crime/theft by a third party
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Care custody and control
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Social engineering and cyber fraud loss investigation costs
up to $10m
policy limits available
1,000
occupations available
Risk appetite
We have a broad target market for all private companies and public listed companies including manufacturers, white collar industries, blue collar industries, retail and IT.
Publicly listed companies out of the ASX100
Publicly unlisted companies with turnover in excess of $50m
Private companies with turnover in excess of $150m
Evolution
Crime Protection can be purchased as a standalone policy or as a part of the Evolution suite of products including Directors & Officers, Employment Practices Liability, Tax Audit and Statutory Liability and Supplementary Legal Expenses.
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Need a hand?
Get in contact
Dedicated underwriting team
To discuss a risk, please reach out to our Financial Lines specialty underwriting team.