When employees abuse the trust placed in them and embezzle funds, companies incur damages. These damages can be insured. The protection of a crime insurance usually covers not only fraud by employees, but also the intervention of third parties and cybercrime. We can advise you as an insurer comprehensively and competently in this highly complex and diverse segment of insurance law, in which definitions of an insured event differ widely.
One focus of our work is the design of your insurance wordings and assistance concerning the question of how certain clauses should be interpreted. Furthermore, our team of lawyers deals with regulatory issues in this context. We advise you as an insurer both out of court and in court in warding off asserted claims. Even before a legal dispute, we support you in this sensitive area of law in resolving differences of opinion with the policyholder in a (factual) manner and on a case-by-case basis. Our many years of forensic experience help us to successfully conduct legal proceedings for insurers – be it in the coverage relationship with the policyholder or in the recourse relationship with the perpetrator.
If there is a foreign country involved, our international association Legalign Global can quickly and thoroughly clarify the questions of foreign (liability) law. Finally, we support you in finding and selecting suitable experts with business knowledge.