Companies are constantly and increasingly facing problems with crime as they experience attempts from employees and/or third parties to steal, misuse or misappropriate monies/funds and physical goods. Segregation of duties and dual control may reduce the exposures but with human misconduct as the main driver for losses, such losses connected with criminal acts cannot be eliminated.
RiskPoint’s appetite for Crime insurance is limited to financial institutions, i.e. banks, private equity funds or alike. We can offer both primary and excess capacity. We have limited appetite for Crime insurance policies to other industries and lines of businesses than financial institutions. However, we can consider excess solutions for non-financial institutions.