With its Fidelity Insurance for Financial Institutions, Chartis provides compensation for financial loss sustained by the policyholder as a direct consequence of:
- embezzlement & fraud (incl. forgery of a payment instrument, computer misuse or in the field of wire transfers), committed by one or more employees, with or without the knowledge or consent of third parties, or
forgery of a payment instrument, computer misuse or in the field of wire transfers, caused by one or more third parties without the knowledge or consent of employees.
The cover also extends to the cost of restoring data and information a well as the cost of legal proceedings incurred in connection with an insured loss, following prior consultation with the insurer.