Crime Insurance Policy

Crime Insurance Policy

  • While corporates embrace new technological developments, they become hosts to new complications and an entire set of new risks.
  • Fraud involving computers and networks is fast becoming a problem in today’s technologically advanced society.
  • Job insecurity and reduced company loyalty increases the probability of employee being dishonest to company.
  • Internal controls and sound administration practices may limit exposures but can never eradicate risk completely.
  • Here comes a crime insurance policy in hand.
  • Crime Policies are now becoming increasingly popular due to contract requirements and probability of indemnifying customers for consequential claims/losses