- Typically up to USD/EUR 25m
Social Engineering Fraud\Fake President
Employee Benefit Plans
Interest, Receivable / Payable
Corporate Identity Fraud
Criminal Damage expenses
Computer Violation Expenses
Data Breach Expenses
Privately held and publicly traded companies
From SME enterprises to multi-national corporations
Typical Information Required
Details of internal control procedures
Benefits & Services
Dedicated and experiences financial lines underwriters in all territories in which we operate.
Our market-leading claims management team has unrivalled expertise and knowledge. Our award winning claim system, ‘XL GlobalClaim’, enables us to manage claims efficiently and accurately, no matter where they occur in the world.
Coverage– Investment manager, mortgage banker, commercial banker and insurance company bond.
Client Profiles– Public and large private companies, including Fortune 500, middle market and micro-caps
– Financial institutions
– Private commercial companies with total assets greater than USD 100 million, revenues greater than USD 100 million and more than 1,000 employees
Attachment PointPrimary and excess
Limits On ProductUp to USD 25 million
Coverage• Employee theft
• Robbery or safe burglary of money and securities on company premises or in transit
• Computer fraud
• Funds transfer fraud
• Money orders and counterfeit currency fraud
• Clients’ property
• Investigative expenses
Client ProfilesPublic and private commercial companies
This general product description is informational only. It is neither an offer to sell nor a solicitation to purchase any particular insurance product. Products are subject to legal and underwriting requirements. Coverages may not be available in all jurisdictions, including without limitation any jurisdiction within the United States, and may be available only through appropriately licensed producers. In addition, GAPS’s provision of publications or services is not an indication of the existence or availability under any policy of coverage for any particular property or type of loss or damage. Policies underwritten from Bermuda, Brazil, Canada, China, Mexico, Switzerland, or written by XL Insurance Company SE are only available through non US-based brokers. The Insurance companies of XL Group Ltd are: Catlin Insurance Company, Inc., Catlin Indemnity Company, Catlin Specialty Insurance Company, Greenwich Insurance Company, Indian Harbor Insurance Company, XL Insurance America, Inc., XL Specialty Insurance Company, XL Bermuda Ltd, XL Insurance Company SE, XL Insurance Switzerland Ltd, XL Insurance (China) Company Limited, XL Seguros Brasil S.A. and XL Insurance Mexico SA de CV. Coverages placed with Lloyd’s Syndicate #2003 are managed by Catlin Underwriting Agencies Limited and supported by XL Catlin corporate capital. Additional important information regarding our business is provided on our Legal Notices page.