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Crime/Fidelity
In an increasingly sophisticated world of global companies, fraud has grown dramatically and can have a significant destabilizing effect on the business of the ACE Group’s clients. ACE provides leading edge products to take away the risk of fraud and dishonesty by employees or outsiders.
Product Highlights
Special Features
Target Audiences
Product Highlights
ACE’s comprehensive crime and fidelity products help protect companies against the growing threat of dishonesty and fraud. ACE’s offering includes:
- Fraud protection — Comprehensive coverage for employee dishonesty, theft of property or funds, forgery and computer fraud
- Electronic and computer crime (Dataguard) — Protection for a company’s hardware, software and electronic data against malicious or accidental damage or misuse, including loss of profit, data reconstruction and company image re-establishment costs
- Financial Institutions — Bond insurance and electronic and computer crime covers, with a special focus on the risks of financial institutions
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Special Features
- Broad employee definition, with losses by unidentified employees covered
- Theft loss covered on premises or in transit
- Forged and counterfeit negotiables
- Worldwide jurisdiction for most coverages
- Automatic cover for new subsidiaries and associated companies, and automatic run off for subsidiary or associated companies sold during the coverage period
- Unlimited retroactive dates and reinstatements
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Target Audiences
- Medium to large private and public companies
- Mid- to large-sized IT dependent companies
- Financial institutions, including depository and non-depository institutions
- All types of industrial and commercial risks
- Individual providers of financial services or advice, including investment managers, venture capitalists, investment advisors and fund managers
- Manufacturing distribution companies
- Excess layer programs
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Find an ACE Contact
This general product description is informational only. It is neither
an offer to sell nor a solicitation to purchase any particular insurance
product. Coverages may not be available in all jurisdictions and may be
available only through appropriately licensed brokers. Refer to the Licensing
Information document for a chart of the jurisdictions in which each
ACE Group subsidiary is licensed.
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See Also
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