Liability insurers on both sides of the Atlantic are scaling back the cover they offer companies ahead of an expected wave of discrimination claims as employers call staff back to their desks after 18 months of pandemic-induced home working.
Losses from social engineering fraud reached $1.7 billion in 2019, but many of these incidents aren’t covered by traditional policies.
A rise in crime committed via social engineering is prompting a growing number of businesses to add coverage for related exposures through their commercial crime insurance policies, experts say.
Directors & officers were already gearing up for a hardening market when the coronavirus pandemic came into play; here’s how they are balancing insureds’ needs with the growing challenges of the time.
AmTrust EXEC, a division of AmTrust Financial Services, Inc. offering a full suite of management liability products, today announced that it has introduced a new Commercial Crime product to provide coverage for a wide range of medium- and large-sized businesses.