Financial institutions crime

A leading product designed to provide broad cover for first party crime exposures facing all types of financial institutions.

In the fast moving business climate of today, we have seen an exponential increase in business fraud. With this in mind, it is crucial that organisations protect themselves and focus on these areas of risk management to secure their future.

• Cover for losses sustained by dishonesty or fraud from a broad range of exposures.

Local, multinational and international financial institutions including:

• Global and domestic banks
• Building societies
• Asset and fund managers
• Funds Insurance companies
• Clearing houses
• Other financial institutions

Standard cover includes protection against:

• Dishonesty by employees including unidentified employees
• Theft either on the premises or in transit
• Protection against receipt of counterfeit negotiable instruments
• Issue or receipt of forged cheques, credit cards or bills of exchange
• Theft of funds or property by computer fraud
• Legal defence costs

• Professional indemnity insurance
• Directors and officers liability insurance
• Pension trustee liability insurance
• Cyber insurance

Chubb is rated consistently amongst the highest for financial strength: AA from Standard & Poor’s and A++ from A.M. Best.

Recognised market leader
We have a dedicated and highly experienced underwriting team with a vast amount of knowledge on the crime exposures facing all types of financial institutions.

Multinational capability
Chubb’s worldwide network can provide local cover for multinational operations or companies with multinational exposures.

Award-winning claims service
Our claims team is consistently recognised as the best in the business. We handle all claims in-house and clients have a single loss adjuster to liaise with throughout the process.

Awards

Best for financial strength
A++ Superior
AM Best’s highest rating for financial strength

Best Global D&O Insurer
Global Finance, 2015

Best cyber & technology risks team
Post Magazine, 2014

Excellent niche products and good service
Insurance Times Broker Survey, 2015