Crime and Fidelity

Protection for organizations from loss of money and securities resulting from theft by its own employees.

Spotlight On Cyber and Technology Risks 2023

What we offer

Our expert team underwrites Financial Fidelity Bonds for financial institutions and offers Commercial Crime for commercial companies.

Crime insurance (or fidelity bonds, as policies covering financial institutions are known) protects an organization from loss of money and securities, resulting from theft by its own employees.

How can we help

Our depth and expertise will help you understand the risk that you’re placing and the coverage that we’re quoting.  

We respond to submissions quickly and we understand the underwriting intent of what we’re selling, as well as the practical application.  

Our underwriting and claims professionals work side by side.  For our clients, this  ensures  that when a claim arises, the intent behind the original policy is respected.

The Beazley Difference

BEING BOLD

Freedom lies in being bold. We dare to be different and seek bold possibilities to create more innovative, fair and satisfying outcomes for our clients, brokers and employees. From insuring the highest building in the world, to the first commercial lunar vehicle to operate on the moon - we boldly go where others won’t.

STRIVING FOR BETTER

Good is a start, but we go all-out for better. A driven community of individuals relentlessly push the needle and creating value. From launching the market’s first dedicated ESG syndicate to the establishment of our business unit focusing on designing digital insurance solutions, we pride ourselves on always going above and beyond. Simply put, at Beazley we go to 11.

DOING THE RIGHT THING

Acting with integrity in a straightforward, decent way is instinctive. Open and honest with others, we show respect and empathy however challenging the situation – demonstrated by our multi-award winning claims team. Doing the right thing makes for a fair-minded, rewarding environment and makes work and life better for all.

Examples or Scenarios

“Computer crime” is not what it used to be. For decades, commercial crime insurance policies were written contemplating the threat of a hacker cracking into a computer network to score an unauthorized transfer of funds - the cyber equivalent of a thief in the night. Today, one of the most prevalent threats is more direct: Thieves can even come right to the “front door,” or masquerade online as a senior executive, vendor or other trusted associate of a company, tricking an employee into handing over company assets.