Commercial Crime

Protect assets from loss due to dishonesty, theft, or fraud.

Crime insurance addresses one of the most common threats to organizations. Whether the perpetrator is an employee, vendor, or intern and whether the crime is theft, fraud, counterfeiting, or forgery, commercial crime insurance helps you minimize risk, helping you and your clients feel secure. Gallo|Thomas can provide a tailored policy for both commercial and financial institutions to protect against the loss of money, securities, or other assets resulting from theft or fraud.

Minimize fraud-based loss

Fraud can happen in any organization, large or small, and at any time, so it is important to have the right coverage. Crime-related losses are not typically covered by commercial property insurance, so it’s important to make sure your business is protected. Commercial crime insurance commonly covers:

• Theft or dishonest acts: Protects you against theft of money or property and dishonest acts committed by your employees.
• Premises theft and robbery outside the business premises: Protects your property inside your premises, and covers you when a loss occurs while you’re open for business. You are also covered if you or your employees are ever robbed while doing business off your premises.
• Theft of money and securities: Protects you against the theft, disappearance, or destruction of your money inside your place of business or with you or your employees off-site.
• Social engineering: Protects you against sophisticated targeting email scams through phishing and other computer intrusion techniques to initiate transfers of funds subsequently deemed fraudulent.

Whether you’re a private, public, or not-for-profit organization, fraud is prevalent and you need to be prepared for it. Being adequately protected against losses due to crime and fraud is critical to your success.