Employee fraud has a huge negative impact on business’s cash flow and reputation, investors’ confidence and even employees’ morale. Technological advancements has increased the number and value of fraudulent transactions. Further tough economic environments including company downsizing and increases in takeover activity increase the probability of employee dishonesty. Our commercial crime insurance cover provides an end to end solution and is well designed to provide the following:
- 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.
For more information regarding this product, contact our Chief Operating Officer, Mr Knighty Mawere at +27 11 805 0086.
About Maksure Risk Solutions
Maksure Risk Solutions is an Afro-Global independent specialist insurance and reinsurance broker with business footprint in Africa, Asia, East & Western Europe, South America and the Caribbean. We provide innovative and tailor-made risk solutions in Insurance and Reinsurance as well as Risk Financing and Actuarial Consulting geared towards capital management and strengthening our client’s balance sheet. Maksure is also one of the major players in Captive Management (Establishment & Management) in South Africa, Mauritius, Bermuda and various other jurisdictions. We have access into the Lloyds of London with a deep understanding of African markets. Our global nature ensures that our clients access quality capacity as well as some of the world’s latest thinking and solutions.