If years of experience has taught us one thing, it is that Commercial Crime (Fidelity Guarantee) is an essential class of insurance as losses happen within the best of companies.
Commercial crime is the modern form of cover. It provides protection against fraud by employees, as well as fraud involving third-party criminals. These losses often involve management level staff, using IT to perpetrate “white collar” crime over time and to significant amounts.
Due to this reality, the insurance market is increasingly limited and difficult. Another example of where a focused niche approach can make all the difference.
At Compendium, we structure the policy according to the clients needs and have access not only to the South African Markets, but to the international markets as well.