COMMERCIAL CRIME

Why Commercial Crime?

Policy coverage indemnifies the business against:

  For a list of the team who specialise in this area click here

WHAT IS COVERED

  • Liability following a breach (legal fees and damages)
  • First party expenses (actual costs to restore, re-collect or replace data, costs and expenses of specialists,investigators, forensic auditors or loss adjusters
  • Costs and expenses for the use of rented, leased or hired external equipment, services, labour, premises or additional operating costs including staff overtime).
  • Loss of business income (net income which would have been earned had the breach not occurred)
  • Notification expenses (expenses incurred to comply with privacy legislation such as legal expenses and communication expenses through mail, call centres, website and customer support expenses).
  • Crisis management expenses (services of a public relations consultant, related advertising or communication expenses).
  • Associated regulatory fines and penalties to extent insurable by law.
  • Entire incident response team selected at inception

SME'S

(Turnover below R25m) can get some additional covers.

  • Theft of funds
  • Multimedia liability (defamation and copyright through the sue of social media, website etc.)
  • Professional indemnity for technology professionals
  • Cyber Ransom and Extortion
  • Up to limit of R10m in the annual aggregate

REASONS TOINSURE WITH US

TOP 100 FINANCIAL MAIL COMPANIES

We are proud of our long standing association with majority of the top companies listed on the JSE

BESPOKE SOLUTIONS

Our product range is geared up to protect the SME all the way up to the mega-corporate organisation

CLAIMS EXPERTISE

We employ a large team of specialists in our claims area, many of whom have legal qualifications or are admitted attorneys. This assures that our clients always get the most professional casualty claims service.

UNDERWRITING

After 30 years we’ve seen most risks and our team of experienced underwriters are well positioned to tailor-make niche insurance solutions for any sized business across a diverse range of industries

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