WHAT IS COMMERCIAL CRIME INSURANCE?
Commercial Crime insurance covers companies against the following risks:
your staff stealing from you, alone or in collusion with others
Computer fraud: theft by the accessing of the insured's computer system by any person
Computer virus: loss sustained directly as a result of a computer virus
Electronic data loss: loss sustained directly as a result of the malicious alteration or destruction of data
Extortion: loss as a result of any employee being threatened with physical harm
Fraudulent transfer instructions: loss sustained directly as a result of fraudulent instructions to a financial institution holding your assets