Commercial Crime Policy
Fraud can cause significant damage to a company’s cash flow and profitability, as well as its reputation and investor confidence – so we provide protection for the whole range of evolving fraud risks.
In Commercial Crime Policy, we will pay the Insured for Loss resulting directly from:
- Any commercial crime act committed by an employee including any acts of fraud or dishonesty whether identified or not (acting alone or in collusion with other persons) with the principal intent to cause the Insured to sustain a loss or to obtain any personal financial gain
- Any fraudulent act of any other person (which is not Employee and/or director, supervisor of the board or partner of the Insured) including but not limit to any fraud, or theft