Coverage Highlights

Coverage

 

Coverage offerings

  • Loss of customer’s capital due to dishonest acts of an employee
  • Financial loss resulting from unauthorized access into the firm’s computer system by hackers
  • The transfer of the firm’s capital or its customers’ capital through fraudulent instructions over the Internet, email, or the telephone
  • The impersonation of an employee or known vendor that causes the firm’s funds to be fraudulently transferred by an authorized employee

 

Coverage extensions

  • Customer’s Capital
  • Assured’s Funds Transfer and Social Engineering Fraud
  • Customer’s Funds Transfer and Social Engineering Fraud
  • Computer Fraud
  • Computer Investigations

Financial Institution Bond for Asset Managers

Social engineering of employees and the impersonation of customers and vendors have become more commonplace. Chubb’s integrated financial fidelity insurance solution is a prudent risk management technique to help protect against such risks.

 

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