Hiscox C-Suite

• State-of-the-art coverage for current and emerging types of fraud.
• Tech Fraud includes computer fraud, funds transfer fraud, cyber deception, customers’ accounts, and erroneous transfer.
  
  • Customers’ Accounts coverage for fraud committed as a result of the insured’s access to client, vendor or customer accounts.
  • Erroneous Transfer coverage for errors in making a transfer of funds.
  • Cyber Deception, including impersonation of an executive employee.
• Money specifically includes virtual currencies like Bitcoin.
• Third party coverage for theft from a customer, client, vendor, or other (even without a written contract). Even includes a client of a client.
• Coverage for employee theft of executive’s property, forgery of executives’ accounts, and extortion.

• Independent contractors included as employees. Automatic Coverage for New Subsidiaries, including coverage for losses that occurred prior to the acquisition but were discovered after.
• Accelerated Deductible Recovery reimburses the insured for their deductible beginning with the first dollars recovered after a loss.
• Vendor Theft provides coverage for theft by an employee of one of an insured’s vendors.
• Coverage for employees even when the insured is aware of prior theft or dishonesty.

Financial Institutions Bond coverage is offered for:

• Form 14 - Broker Dealers
• Form 15 - Lenders
• Form 24 - Banks
• Form 25 - Insurance

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