Solutions for fidelity and crime

Fidelity and crime

Any business or organization can be a victim of fraud, embezzlement or theft. Worse, when the offender is an employee, the crime can go undetected for years. Once discovered, the ultimate impact of the crime can be enormous. The Hanover's fidelity and crime solution protects all sizes of businesses and organizations against loss caused by criminal acts, including burglary, robbery, computer fraud, funds transfer fraud and the most significant — employee theft.

 

 

We specialize in writing crime coverage for both private and public companies, nonprofit organizations, governmental entities and financial institutions. Our broad appetite and comprehensive portfolio of innovative and market competitive products enable us to write fidelity and crime coverage for almost any kind of business or organization.

Target industries include:

  • Business services
     
  • Condominium/homeowner associations
     
  • Construction – specialty trade
     
  • Cities, towns and townships with 2,000 employees or less
     
  • Financial institutions
    • Hedge funds
    • Insurance companies
    • Private equity funds
    • Registered investment advisers
    • Traditional non-bank lenders
  • Healthcare
    • Clinics
    • Hospitals
    • Medical/diagnostic laboratories
    • Outpatient care centers
    • Physician offices
  • Hotels
     
  • Human services
    • Business associations
    • Professional associations
    • Social advocacy organizations
  • Manufacturing
    • Appliances
    • Chemical, plastics and rubber products
    • Food, soft drinks and ice
    • Furniture
    • Nonmetallic mineral product
    • Paper
    • Petroleum and coal products
    • Printing
    • Ship and boat building
    • Transportation equipment
    • Wood product
  • Oil, gas and mining (excluding mining of gold, silver, copper or other precious stones or metals)
     
  • Professional services
    • Advertising/public relations
    • Architectural/engineering
    • Consulting services
    • Design services
    • Travel arrangement and reservation services
  • Restaurants
     
  • Retail (excluding retail of alcohol, tobacco, furs and jewelry)
     
  • Technology – information technology, software design and development
     
  • Third-party coverage – specifically protecting client assets

 

Not in appetite

  • Abstract and escrow companies
  • Armored car companies
  • Currency exchanges and check cashiers
  • Equipment rental and leasing companies
  • Labor unions and local, national or international
  • Pawnbrokers
  • Religious organizations
  • Stock exchanges
  • Title/escrow agents
  • Title insurance companies
  • Virtual currency exchanges

Available as part of a convenient modular policy or as a standalone policy, our commercial and government crime policy provides your clients with comprehensive and affordable protection against:

  • Employee theft
  • Forgery or alteration
  • Inside the premises — robbery, theft, burglary
  • Outside the premises — theft and robbery
  • Computer fraud
  • Funds transfer fraud
  • Fraudulent money orders and counterfeiting currency

Additional policies we can offer include:

  • Excess crime — extends crime protection, offering additional amounts of coverage than what is provided under an insured's primary policy
  • ERISA fidelity bond — protects employee benefit plan assets from internal acts of fraud or dishonesty committed by the trustees or fiduciaries responsible for plan management
  • Investment advisor ERISA — protection for employee benefit plans and their assets when under management by an investment advisor
  • Third-party off premises — covers client off-premise property where employees provide services
  • Financial institution bonds — provide crime protection for insurance companies, registered investment advisors, hedge funds, banks, non-bank lenders and other financial institutions
  • Business service bonds


Quote and issue standalone fidelity and crime policies online

With TAP Sales, our online quote and issuance platform, we’ve made it easier than ever to get your small business customers the standalone management liability and miscellaneous professional liability coverage they need. 

Learn more

Our Hanover Fidelity and Crime Advantage solution protects against the unique risks faced by your clients. Unlock the Hanover advantage.

 

 

More options for more businesses

Available as part of a convenient modular management liability policy or as a standalone policy, to serve a broad range of private companies and nonprofits

 

 

Online quote and issuance

Fast and easy to secure standalone management liability policies for small businesses, via TAP Sales 

Learn more

 

Risk management resources

Tools and services including an employment practices liability hotline, e-learning courses, background checks and employment screening services, and more

Learn more

 

 

Dedicated claims professionals

Team of licensed attorneys and paralegals well-versed in management liability claims who work to resolve claims expediently

 

Customer service center

Services both standard and specialty lines, including management liability, to help agencies improve operational efficiency 

 

Trusted partner

We offer the support and financial strength of an "A"-rated insurance carrier

 

Appetite

We specialize in writing crime coverage for both private and public companies, nonprofit organizations, governmental entities and financial institutions. Our broad appetite and comprehensive portfolio of innovative and market competitive products enable us to write fidelity and crime coverage for almost any kind of business or organization.

Target industries include:

  • Business services
     
  • Condominium/homeowner associations
     
  • Construction – specialty trade
     
  • Cities, towns and townships with 2,000 employees or less
     
  • Financial institutions
    • Hedge funds
    • Insurance companies
    • Private equity funds
    • Registered investment advisers
    • Traditional non-bank lenders
  • Healthcare
    • Clinics
    • Hospitals
    • Medical/diagnostic laboratories
    • Outpatient care centers
    • Physician offices
  • Hotels
     
  • Human services
    • Business associations
    • Professional associations
    • Social advocacy organizations
  • Manufacturing
    • Appliances
    • Chemical, plastics and rubber products
    • Food, soft drinks and ice
    • Furniture
    • Nonmetallic mineral product
    • Paper
    • Petroleum and coal products
    • Printing
    • Ship and boat building
    • Transportation equipment
    • Wood product
  • Oil, gas and mining (excluding mining of gold, silver, copper or other precious stones or metals)
     
  • Professional services
    • Advertising/public relations
    • Architectural/engineering
    • Consulting services
    • Design services
    • Travel arrangement and reservation services
  • Restaurants
     
  • Retail (excluding retail of alcohol, tobacco, furs and jewelry)
     
  • Technology – information technology, software design and development
     
  • Third-party coverage – specifically protecting client assets

 

Not in appetite

  • Abstract and escrow companies
  • Armored car companies
  • Currency exchanges and check cashiers
  • Equipment rental and leasing companies
  • Labor unions and local, national or international
  • Pawnbrokers
  • Religious organizations
  • Stock exchanges
  • Title/escrow agents
  • Title insurance companies
  • Virtual currency exchanges

Product resources

 

 

Fidelity and crime capabilities overview

This brochure summarizes the fidelity and crime coverage and services we've specially designed for both private and public risks.

Download now

Resources for you

Applications

Policy forms library

 

Marketing materials

Commercial and government crime overview

Employee theft coverage overview

False pretense coverage overview

 

Quote, bind and issue policies online

With TAP Sales, our online quote and issuance platform, we’ve made it easier than ever to get your small business customers standalone management liability and miscellaneous professional liability coverage. 

Learn more

 

 

Resources for your customers

Our management liability risk management offerings include on-demand learning, partner offerings, risk bulletins and more.

See all of our management liability resources

 

Customer tools

Claims reporting

My Hanover Policy

 

 


Let's start a conversation today

Contact a member of our team who can help you craft professional and executive lines coverage for your clients.
 

Matt Cohen
Regional Distribution Director
AR, CO, KS, LA, MO, NM, OK, TX
303-819-7926
mcohen@hanover.com

Aaron Brown
Regional Distribution Director
AZ, CA, ID, MT, NV, OR, UT, WA, WY
949-202-8559
cabrown@hanover.com

Adam Bennett
Regional Distribution Director
IA, IL, MN, ND, NE, SD, WI
952-484-8907
abennett@hanover.com

 

Neil Madison
Regional Distribution Director
DC, DE, MD, NJ, PA, VA, WV
667-314-2254
nmadison@hanover.com

Margaret Teta
Regional Distribution Director
CT, MA, ME, NH, NY, RI, VT
860-597-7967
mteta@hanover.com

Jon Fritinger
Regional Distribution Director
IN, KY, MI, OH
513-405-9634
jfritinger@hanover.com