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Going Beyond the Basics

A business owners policy or commercial package policy may provide a basic limit for employee theft or forgery. However, the exposures faced by a law firm are anything but basic. Chubb’s Crime for Law Firms form can be designed to address:

  • Partner or Employee Theft from the firm through a wide variety of schemes
  • Theft or Disappearance of Money or Securities
  • Forgery
  • Computer Fraud
  • Funds Transfer or Wire Transfer Fraud
  • Money Order or Counterfeit Currency Fraud
  • Credit Card Fraud (for misuse of corporate cards)
  • Theft by Partners or Employees from Clients

Industry-Specific Benefits:

  • No partner exclusion – unlike many Crime policies, we specifically cover theft by an identifiable partner acting alone or in collusion with others
  • Applies to Money, Securities and other property held by a partner on behalf of a client
  • Coverage for acquisitions for up to 90 days
  • State-of-the-art risk management services

Social Engineering Fraud Coverage

In today’s world, criminals posing as a trusted vendor, new client or employee can induce someone in the firm to part with hundreds of thousands of dollars or more. That’s why Chubb, a leader in crime insurance, created the Social Engineering Fraud endorsement for our crime insurance policies.