【产品手册】美国丘博保险Chubb_业务宣传册Brochure_Elite_commercial_c.docx

Elite Commercial Crime Are you prepared for the financial cost on your business following a crime? Why buy crime insurance? In 2015, there were 5 million frauds, and 2.5m cyber crimes. These frauds account for more than any other type of crime. Crime Survey of England and Wales, 2016 1 in 3 businesses impacted by economic crime. PWC Global Economic Crime Survey 2016 Top 3 frauds experienced by businesses in 2016: Fake president fraud Fake supplier or vendor fraud Company identity fraud More criminal networks than ever before working to corroborate frauds. City of London Police Fraud Department, 2016 PAGE PAGE 3 PAGE PAGE 6 The cost of crime: Our commercial crime insurance goes beyond reimbursing the financial theft, forgery, or fraud of a crime. It includes other quantifiable costs: Contractual penalties Investigative costs Defence costs in the event of being sued due to a crime loss Interest on money stolen Court attendance costs in the event of hearing Public relations expenses to pay for brand and reputation costs Claims examples Claims example 1: A company experienced a third party fraud following the impersonation of the CEO to transfer funds to a new bank account, unverified by the client. The incident ended up being reported in the local press. Transferred funds totalled ￡424,000, however the additional costs of hiring a media consultant to handle the reputational damage, the investigation, and the interest on the money stolen money meant to total loss equalled ￡483,000. Chubb’s Elite commercial crime product covered the total loss. Claims example 2: A global firm of translators experienced an internal fraud by an accountant/ credit controller at the company. The employee purchased personal items on the company credit card, paid fraudulent bonuses to themselves and stole from petty cash. The total sum stolen was over $300,000 with additional expenses incurred by the insured to investigate the circumstances. Chubb’s Elite commercial crime product covered