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Crime

Helping reduce an organisations’ vulnerability

Why Choose AIG for Crime?

Your business’s cash flow, investors’ confidence, your reputation and your employees’ morale can all be impacted by fraud. This often isn’t a once off occurrence and companies can be subject to repeated instances of fraud committed by their employees, business partners and sometimes a collusion of both.

Besides offering complete, comprehensive insurance cover we work together with you to assist you with post-loss investigative specialists and offer advice of possible preventative measures to secure your company in the future.

AIG Crime Insurance Solutions

  • Extensive policy wording provides broad coverage against direct financial loss.
  • Operates on claims discovered in the policy period basis, irrespective of when the act occurred.
  • Automatically included others' property in Insured's care, custody and control.
  • Automatically included fees, costs, expenses and legal fees.
  • Automatically included use of investigative specialists.
  • Automatically included money and securities.

All businesses other than financial institutions.

  • Comprehensive crime cover incorporating employee fraud and dishonesty and specified fraudulent acts committed by third parties.
  • Ability to offer any one loss limit of liability.
  • Retroactive cover available.
  • Includes all pension funds and associated and subsidiary companies of the insured.
  • Extensive definition of employee including ex-employees and employees of outsourced administrative functions.

Commercial Crime policies are short-term products and are underwritten by AIG South Africa Limited, FSP No: 15805