We use cookies to improve this site and enable full functionality. You can change your cookie settings at any time using your browser. Our cookie policy.

Crime Insurance Products

Compare 115 products offered for Crime Insurance from 53 companies including Brit, Clover Insurance Services, and Beazley.

Our Insurance Comparison Tool allows you to pick the best Crime Liability policy by comparing every plan offered by Canada's leading insurance providers. The Frequently Asked Questions can help you see if this coverage area is right for you.

Compare Crime Insurance Policies

Products 31 to 40 of 115
Product name Max Coverage Min Premium Exclusions
Elite Investment Management by Chubb Max Coverage GBP20M Min Premium N/A


more details
Management Liability by CNA Hardy Max Coverage N/A Min Premium N/A


more details
Financial Institutions by Antares Managing Agency Ltd Max Coverage GBP8M Min Premium N/A


more details
Commercial Combined by Arista Insurance Ltd Max Coverage GBP10M Min Premium N/A
  • (see supplemental form)


more details
Management Liability Package Lite by Touchstone Underwriting Ltd Max Coverage GBP100K Min Premium N/A


more details
Financial Institutions by Vibe Syndicate Management Ltd Max Coverage GBP10M Min Premium N/A
  • companies with level II or III american depositary receipts (ADRs) traded in the USA
  • firms domiciled in the USA


more details
Financial Institutions by Axis Capital Max Coverage GBP25M Min Premium N/A


more details
Financial Institutions by Berkshire Hathaway Specialty Insurance Max Coverage N/A Min Premium N/A


more details
Investment Management by Validus Holdings Ltd Max Coverage GBP10M Min Premium N/A


more details
Financial Institutions by QBE Underwriting Ltd Max Coverage N/A Min Premium N/A


more details

 

Frequently Asked Questions

(click to expand)

What Is Crime Insurance?

Also known as Commercial Crime, Employee Dishonesty or Employee Infidelity, Crime insurance covers businesses and organizations from financial losses incurred from various acts of theft, forgery, and fraudulent activities.

Additionally, Crime insurance can also provide protection in the event of a non-material loss that cannot be replaced – confidential business information, or records stored on a stolen business computer.

Who Needs Crime Insurance?

Any company that has employees handling confidential and financial information should purchase Crime insurance, especially as criminal acts from employees, vendors or third parties are not necessarily covered by a Commercial General Liability insurance policy.

While a business of any size would benefit from a Crime insurance policy, small businesses are particularly at risk as they may lack the security and resources of larger firms.

What Does Crime Insurance Cover?

Crime insurance provides cover for employee fraud, dishonesty and fraudulent acts committed by third parties.

Particular fraudulent acts covered include
  • employee theft and/or dishonesty
  • theft of clients’ property
  • vendor theft
  • forgery and/or alterations
  • money and securities
  • counterfeit currency
  • identity fraud
  • telephone toll fraud
  • social engineering
  • third party computer and funds transfer fraud
  • payments of loss investigation fees

What Is Not Included In Crime Insurance?

Unlike most other insurance policies, Crime insurance is designed to cover gaps such as intentional and illegal acts – as long as they are performed by an employee of the company in a financial capacity and not the policyholder.

In the context of Crime insurance, ‘crime’ refers to theft and forgery, rather than workplace acts of violence. Some Crime insurance packages may include things such as Kidnap and Ransom, but generally non-material losses caused by external events like war or destruction by the authorities are not included.

How Much Does Crime Insurance Cost?

A Crime insurance policy will be calculated depending on the following:
  • size of the company
  • number of employees
  • company revenue
  • security systems
  • valuable contents

A fidelity bond to cover a criminal act will be determined by how much a company can afford to lose.

We spoke to Patrick Bourk, National Practice Leader at Integro, about when it would be appropriate for a company to have a stand-alone Crime package.