In 1925 Victor Lustig audaciously posed as a French government official and persuaded metal dealer, Andre Poisson, to "purchase" the Eiffel Tower as scrap. Monsieur Poisson was so mortified when he discovered the deception that he kept quiet allowing Lustig to escape by train to Vienna with the cash.

Nearly a century later con artists continue to ply their trade but they have embraced new means such as the increasing wave of social engineering attacks. These scams are just one example of the crimes that businesses must be on the guard against that originate from both within and outside the organisation. Even the most prepared can be vulnerable. In response we have created comprehensive crime insurance providing cover for both employee and third party crime along with growing threats such as social engineering. Cover also includes:

• Forgery and counterfeiting
• Fund transfer fraud
• Physical loss of, or damage to, property
• Extortion
• Computer malware
• Corporate identity fraud
• Contractual penalties

Limits

Up to US$25m

Target market

A wide range of non-financial organisations can benefit from the cover.

Territories

Worldwide (excluding United States domiciled organisations).