Due to its long-time operating experience in bankers blanket bond insurance (BBB), AIG can issue policies offering high liability limits and can guarantee competent settlement of insurance claim events.
It can be hard to accept that your own staff might be stealing from you. Unfortunately, the truth is that it may be the most trusted and senior staff who have the knowledge to skirt round security and set up insidious, well-concealed fraud systems.
Cyber threats can have serious consequences. Risks range from loss of information on a single laptop to threats posed by cloud computing. Businesses may also face issues regarding denial of service or defacement and disruption to their web presence.
The insurance policy offering protection against electronic and computer crime, i.e. crime committed against banks and other financial institutions through using their computer networks and payment systems.
Financial Institutions Professional Indemnity Insurance provides protection against losses sustained by clients of a financial institution as a result of unintentional errors, omissions or negligence of its employees.