Banking & Finance

This Policy designed specially to Banker’s and Finance Companies against CRIME RISKS.  The Policy covers losses to the dishonest of employees as well as losses caused by people other than employees due to fraud, theft, forgery and etc.

The cover afforded in BBB Policy includes –

Infidelity of Employees – Covers loss of property due to dishonest or fraudulent act of one or more employees of insured resulting in improper financial gain.

On premises – covers loss of insured or customers’ property at insured’s premises due to theft, burglary, damage, destruction or misplacement.

In transit – covers loss or damage to property from any cause whilst in transit either in the custody of assured’s   employees or Security Company or its vehicle.

Forgery or alteration – covers loss due to forgery or fraudulent alteration of any financial instrument and payment by assured in good faith on the above basis.

Loss of or damages to offices and contents – covers loss or damage suffered to all contents owned by assured in his offices (excluding electronic equipment) due to theft,  robbery, hold-up vandalism, malicious mischief etc ).

Key Features

• Comprehensive Crime Policy/Bankers Blanket Bond tailored to cover financial and operational banking risks 
• Cover against property physical damage or total loss, including Political Violence, Terrorism and Political Risk insurance
• Insurance/reinsurance for property security provided as collateral for loans, bank to bank letter of credit risks, Commercial General Liability and other liabilities

Insurance and re-insurance for your banking and finance operations

As countries emerge from conflict or achieve greater political stability, the development of a robust banking and financial services sector is a key milestone.

If you are operating in post-conflict or high-risk countries, we can help you to protect your business and your expat and local employees, and mitigate risks to your property and assets as you expand.

Meeting local regulation

We can also tailor insurance or create insurance to cover liabilities, helping you to meet local regulation requirements whilst protecting your exposure. Political Violence and Terrorism insurance and Political Risk cover can also provide vital protection for your operations in less stable regions.

 Call our experts +93 (0) 70 8733 333