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Even companies that conduct strict background screenings, employ fraud detection systems and implement strict internal controls can be vulnerable to losses if a well-meaning employee is duped by a criminal posing as a supplier, new client or fellow employee. Get the protection you need from Chubb, a leading provider of crime/fidelity insurance.
Product highlights
Provides added protection when strong controls still fall short
Depending on the product available as an endorsement to the Crime Insurance policy or included in the policy wording
Insures a range of social engineering fraud losses, including:
Vendor or supplier impersonation
Executive impersonation
Client impersonation
Full carve back to the voluntary parting exclusion
Broad all-risk language wherein loss does not have to occur through use of computer, email or phone
Streamlined supplemental application
No requirement for vendors and suppliers to carry crime or fidelity insurance to trigger coverage