Helping reduce an organisations’ vulnerability

Your business’s cash flow, investors’ confidence, your reputation and your employees’ morale can all be impacted by fraud. This often isn’t a once off occurrence and companies can be subject to repeated instances of fraud committed by their employees, business partners and sometimes a collusion of both.

Besides offering complete, comprehensive insurance cover we work together with you to assist you with post-loss investigative specialists and offer advice of possible preventative measures to secure your company in the future.

Features and Benefits

  • Extensive policy wording provides broad coverage against direct financial loss.
  • Operates on claims discovered in the policy period basis, irrespective of when the act occurred.
  • Automatically included others' property in Insured's care, custody and control.
  • Automatically included fees, costs, expenses and legal fees.
  • Automatically included use of investigative specialists.
  • Automatically included money and securities.

Who is it for?

All businesses other than financial institutions.

What is covered?

  • Comprehensive crime cover incorporating employee fraud and dishonesty and specified fraudulent acts committed by third parties.
  • Ability to offer any one loss limit of liability.
  • Retroactive cover available.
  • Includes all pension funds and associated and subsidiary companies of the insured.
  • Extensive definition of employee including ex-employees and employees of outsourced administrative functions.

Commercial Crime policies are short-term products and are underwritten by AIG South Africa Limited, FSP No: 15805