Fidelity and crime
Any business or organization can be a victim of fraud, embezzlement or theft. Worse, when the offender is an employee, the crime can go undetected for years. Once discovered, the ultimate impact of the crime can be enormous. The Hanover's fidelity and crime solution protects all sizes of businesses and organizations against loss caused by criminal acts, including burglary, robbery, computer fraud, funds transfer fraud and the most significant — employee theft.
We specialize in writing crime coverage for both private and public companies, nonprofit organizations, governmental entities and financial institutions. Our broad appetite and comprehensive portfolio of innovative and market competitive products enable us to write fidelity and crime coverage for almost any kind of business or organization.
Target industries include:
- Business services
- Condominium/homeowner associations
- Construction – specialty trade
- Cities, towns and townships with 2,000 employees or less
- Financial institutions
- Hedge funds
- Insurance companies
- Private equity funds
- Registered investment advisers
- Traditional non-bank lenders
- Healthcare
- Clinics
- Hospitals
- Medical/diagnostic laboratories
- Outpatient care centers
- Physician offices
- Hotels
- Human services
- Business associations
- Professional associations
- Social advocacy organizations
- Manufacturing
- Appliances
- Chemical, plastics and rubber products
- Food, soft drinks and ice
- Furniture
- Nonmetallic mineral product
- Paper
- Petroleum and coal products
- Printing
- Ship and boat building
- Transportation equipment
- Wood product
- Oil, gas and mining (excluding mining of gold, silver, copper or other precious stones or metals)
- Professional services
- Advertising/public relations
- Architectural/engineering
- Consulting services
- Design services
- Travel arrangement and reservation services
- Restaurants
- Retail (excluding retail of alcohol, tobacco, furs and jewelry)
- Technology – information technology, software design and development
- Third-party coverage – specifically protecting client assets
Not in appetite
- Abstract and escrow companies
- Armored car companies
- Currency exchanges and check cashiers
- Equipment rental and leasing companies
- Labor unions and local, national or international
- Pawnbrokers
- Religious organizations
- Stock exchanges
- Title/escrow agents
- Title insurance companies
- Virtual currency exchanges
Available as part of a convenient modular policy or as a standalone policy, our commercial and government crime policy provides your clients with comprehensive and affordable protection against:
- Employee theft
- Forgery or alteration
- Inside the premises — robbery, theft, burglary
- Outside the premises — theft and robbery
- Computer fraud
- Funds transfer fraud
- Fraudulent money orders and counterfeiting currency
Additional policies we can offer include:
- Excess crime — extends crime protection, offering additional amounts of coverage than what is provided under an insured's primary policy
- ERISA fidelity bond — protects employee benefit plan assets from internal acts of fraud or dishonesty committed by the trustees or fiduciaries responsible for plan management
- Investment advisor ERISA — protection for employee benefit plans and their assets when under management by an investment advisor
- Third-party off premises — covers client off-premise property where employees provide services
- Financial institution bonds — provide crime protection for insurance companies, registered investment advisors, hedge funds, banks, non-bank lenders and other financial institutions
- Business service bonds
Our Hanover Fidelity and Crime Advantage solution protects against the unique risks faced by your clients. Unlock the Hanover advantage.
More options for more businesses
Available as part of a convenient modular management liability policy or as a standalone policy, to serve a broad range of private companies and nonprofits
Online quote and issuance
Fast and easy to secure standalone management liability policies for small businesses, via TAP Sales
Risk management resources
Tools and services including an employment practices liability hotline, e-learning courses, background checks and employment screening services, and more
Dedicated claims professionals
Team of licensed attorneys and paralegals well-versed in management liability claims who work to resolve claims expediently
Customer service center
Services both standard and specialty lines, including management liability, to help agencies improve operational efficiency
Trusted partner
We offer the support and financial strength of an "A"-rated insurance carrier
We specialize in writing crime coverage for both private and public companies, nonprofit organizations, governmental entities and financial institutions. Our broad appetite and comprehensive portfolio of innovative and market competitive products enable us to write fidelity and crime coverage for almost any kind of business or organization.
Target industries include:
- Business services
- Condominium/homeowner associations
- Construction – specialty trade
- Cities, towns and townships with 2,000 employees or less
- Financial institutions
- Hedge funds
- Insurance companies
- Private equity funds
- Registered investment advisers
- Traditional non-bank lenders
- Healthcare
- Clinics
- Hospitals
- Medical/diagnostic laboratories
- Outpatient care centers
- Physician offices
- Hotels
- Human services
- Business associations
- Professional associations
- Social advocacy organizations
- Manufacturing
- Appliances
- Chemical, plastics and rubber products
- Food, soft drinks and ice
- Furniture
- Nonmetallic mineral product
- Paper
- Petroleum and coal products
- Printing
- Ship and boat building
- Transportation equipment
- Wood product
- Oil, gas and mining (excluding mining of gold, silver, copper or other precious stones or metals)
- Professional services
- Advertising/public relations
- Architectural/engineering
- Consulting services
- Design services
- Travel arrangement and reservation services
- Restaurants
- Retail (excluding retail of alcohol, tobacco, furs and jewelry)
- Technology – information technology, software design and development
- Third-party coverage – specifically protecting client assets
Not in appetite
- Abstract and escrow companies
- Armored car companies
- Currency exchanges and check cashiers
- Equipment rental and leasing companies
- Labor unions and local, national or international
- Pawnbrokers
- Religious organizations
- Stock exchanges
- Title/escrow agents
- Title insurance companies
- Virtual currency exchanges
Quote and issue online
Our online quoting and issuing platform, TAP Sales, allows you to quickly quote, bind and issue a fidelity and crime policy with limits up to $1M. Our streamlined process allows you to customize your policy with just a few clicks.
You can issue a standalone crime policy, or combine the crime coverage part with other management liability coverage parts to create a modular solution. This flexibility allows for a focused plan that can accommodate a wide range of clients. This is all backed by our expert underwriters, who can also assist with any risks that are outside of the eligibility guidelines below.
Management liability online quoting appetite
- Construction
- Cultural intuitions
- Manufacturing
- Personal and business services
- Professional associations
- Professional services
- Technology
- Wholesalers
Eligibility and availability
- No claims
- Up to $1M per coverage part available online (up to $5M with underwriter referral)
- Up to $50M in revenue for private companies
- Up to $10M in assets for nonprofit entities
- Nonprofits must be 501(c)(3) or 501(c)(6)
- Application required to issue
- Not available in AK or CA
Product resources
Resources for you
Marketing materials
Commercial and government crime overview
Employee theft coverage overview
False pretense coverage overview
Quote, bind and issue online
We offer flexible training options to help you better understand TAP Sales and all of our online systems and capabilities.
Register for TAP Sales training
Resources for your customers
Our management liability risk management offerings include on-demand learning, partner offerings, risk bulletins and more.
See all of our management liability resources
Customer tools
Let's start a conversation today
Contact a member of our team who can help you craft professional and executive lines coverage for your clients.
Matt Cohen
Regional Distribution Director
DC, DE, MD, NJ, VA, WV
303-819-7926
mcohen@hanover.com
Greg Ketay
Vice President, Distribution Management
AZ, CA, ID, MT, NV, OR, UT, WA, WY
630-760-3045
gketay@hanover.com
Adam Bennett
Regional Distribution Director
AL, FL, GA, MS
952-484-8907
abennett@hanover.com
Neil Madison
Regional Distribution Director
DC, DE, MD, NJ, PA, VA, WV
667-314-2254
nmadison@hanover.com
Margaret Teta
Regional Distribution Director
CT, MA, ME, NH, NY, RI, VT
860-597-7967
mteta@hanover.com
Jon Fritinger
Regional Distribution Director
IN, KY, MI, OH
513-405-9634
jfritinger@hanover.com
Brion Burris
Regional Distribution Director
AL, AR, FL, GA, MS, NC, SC, TN
704-607-0983
bburris@hanover.com