What is Crime Insurance?
Crime insurance provides coverage for losses resulting from criminal acts such as theft, fraud, embezzlement, forgery, and other similar crimes including social engineering and external theft
What does Crime Insurance cover?
Some common types of coverage provided by crime insurance policies include:
Employee Theft
Provides protection against losses resulting from theft or embezzlement by employees.
Forgery or Alteration
Provides protection against losses resulting from the forgery or alteration of checks or other financial documents.
Computer Fraud
Provides protection against losses resulting from fraudulent electronic transfers or other computer-related crimes.
Money and Securities
Provides protection against losses resulting from theft of money or securities.
Social Engineering
Provides protection against losses resulting social engineering fraud losses, including vendor or supplier, executive or client impersonation.
Crime insurance policies are often purchased by businesses to protect themselves from the financial losses that can result from such criminal acts. The coverage provided by a crime insurance policy can vary depending on the specific policy and the needs of the policyholder.
Why buy Crime Insurance?
Crime insurance is an important form of protection for businesses and organizations. It can help to mitigate the financial risks associated with criminal acts and provide peace of mind for business owners and managers. It can also help companies recover from cybercrime crime, protects your company from employee theft and safeguards against social engineering.
How much does Crime Insurance cost?
There are several factors that will determine how much does crime insurance cost for your business these include the type of business, security controls, financial controls, value of your property or equipment and how much coverage you require.
For an indicative quote for crime insurance please Contact Us.
When should I buy Crime Insurance?
Losses related to criminal acts can be frustrating and costly. In the digital age, manipulation, social engineering and digital crime can be disruptive to any business. Crime insurance should be considered as part of a business overall risk management strategy and not in isolation.
Why work with Continuum?
Our in-depth knowledge of both the industry and the appetite of insurers allows to advise clients on the appropriate solutions to help them protect their business and offer value to their clients. We take a client-centric approach, appreciating that insurance may be a future requirement rather than an immediate need and advise on the timing of policy inception as well as helping with payment schedules and budgeting requirements. Our aim is to advise and assist companies from seed to flower and become a long-partner with them through their journey to success.
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Web 3.0 & Emerging Technology
Crypto, Digital Assets & NFTs
Financial Institutions
EduTech and E-Learning
Fintech, Insurtech and DeFi
Tech Start Ups and Developers
Digital Health and MedTech
