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    Priya Vansh

    Priya Vansh

    Underwriter - Management Liability

    The very nature of financial institutions makes them a target for crime originating from both within and outside the organization.

    The very nature of financial institutions makes them a target for crime originating from both within and outside the organization. Even the most prepared can be vulnerable. In response to these threats we have created a comprehensive crime insurance package, including:

    • Dishonest acts of employees
    • Documentary fraud
    • Electronic or telephonic fraud
    • Physical loss or damage to property or premises
    • Extortion
    • Data breach costs, software removal or reconstitution costs, legal and audit costs
    • Corporate identity fraud costs
    • Liability for incomplete transactions
    • Stop payment order liability
    • Physical loss of or damage to canceled checks, canceled drafts or canceled credit card receipts
    • Theft via erroneous transfer
    • Loss of subscription rights
    • Liability for interest that would have accrued to a customer of the insured but did not as a direct result of a loss covered under this policy
    • Automatic reinstatement of limit.

    Limits

    Up to US$25m

    Target market

    A broad range of financial institutions can benefit from Beazley’s specialized crime cover, including:

    • Banks
    • Real Estate Investment Trust - REITs
    • Asset managers
    • Trust administrators
    • Insurance and reinsurance companies

    Challenging classes

    • Regulated marketplace lenders
    • Payment processors

    Non-target classes

    • Financial advisors
    • MGA & brokerages
    • Fund administrators
    • Cryptocurrency, cannabis, psychedelics, SPACs

    Territories

    Worldwide coverage

    Crime team

    Underwriters

    Defne Tuncer

    Underwriter - Financial Lines, International

    Defne Tuncer

    Toronto, Canada

    +1 416 777-6847

    Priya Vansh

    Underwriter - Management Liability

    Priya Vansh

    Toronto, Canada

    +1 416 777 6221

    Crime forms

    Brochures

    Financial institutions brochure

    Wordings / policies

    Financial institutions comprehensive crime wording
    Financial institutions comprehensive crime and professional liability wording
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