Highlights

• Nine broad insuring agreements:
  •  Employee dishonesty
  •  Forgery or alteration - includes forged electronic signatures
  •  On premises
  •  In transit
  •  Money orders and counterfeit paper currency fraud
  •  Computer fraud and funds transfer fraud
  •  Client property coverage
  •  Credit card coverage
  •  Expense coverage - includes audit expense coverage and data restoration expense
• Broad definition of employee including:
  •  Part-time and seasonal employees
  •  Volunteers, students, consultants, retirees and trainees
  •  Sixty day post termination
• Per loss language (no policy aggregate limit of liability)
• Automatic coverage for employee benefit plans
• Coverage for theft by unidentified employees
• Automatic subsidiary coverage with 25% threshold
• 60 Day notice of cancellation
• 60 Day discovery period
• "Unlawful taking" language
• No general aggregate
• Option to include sublimit for Fraudulent Instructions Coverage (aka Social Engineering Coverage)

Key territories

Worldwide

Target markets

Technology firms

• Technology
• Media and business services companies
• Manufacturers
• Distributors and retailers

Media and business services companies

• Insurance companies
• Stockbrokerage firms
• Mutual funds companies
• Investment management firms

Limits

• Up to $25,000,000