TORONTO, May 16 /CNW/ - Recent high profile fraud and embezzlement cases
highlight the need for effective protection of corporate assets. And
new research shows that employers are seeing a marked increase in
internal crimes. Today Creechurch International Underwriters Ltd.
introduces a stand alone Fidelity Insurance Policy to address this
heightened exposure. Part of the new PlatinumPlus suite of management liability products, this cutting edge insurance
policy offers market leading coverage for a wide range of exposures
that Canadian companies face.
"No one wants to believe that their employees will steal from them,
however theft and embezzlement do happen" said Phil Baker, Executive
Vice President of Underwriting at Creechurch. Added Phil "in many
cases, these thefts occur over time and can result in losses to the
company that far exceeds the amount of insurance carried in a basic
property package policy." In uncertain economic times, companies need
the assurance that their assets are fully protected. The new PlatinumPlus fidelity provides that assurance.
Policy highlights include:
Broadest definition of employees, including part-time, seasonal
employees, consultants, trainees and volunteers
No policy aggregate
Coverage for employee benefit plans
Theft of client property
Computer and funds transfer fraud
Comprehensive Insurance Solutions
Creechurch has always focused on the emerging technology sector that has
historically had difficulty securing favourable coverage terms.
Creechurch meets the needs of these customers by offering comprehensive
insurance solutions. Said Phil Baker "now, with our new PlatinumPlus Fidelity policy we can meet all the property and casualty needs of not
only emerging technology companies but most types of companies and
organizations that need superior asset protection."
Consult with your Broker
As with all Creechurch products, the PlatinumPlus suite of products is available only through licenced Canadian insurance
brokers. Visit the company website, www.creechurch.com for information on the company's products and to download insurance
Creechurch International Underwriters is one of the leading underwriting
management companies in Canada, offering specialized insurance to a
wide spectrum of business sectors. Part of a large global insurance and
reinsurance organization with 60 offices on four continents Creechurch
underwrites exclusively on behalf of large A rated multinational
insurers. Creechurch products include MediaTech Liability, Directors
and Officers Liability, Life Sciences Liability, Professional
Liability, Employment Practices Liability, CGL and Umbrella Liability,
and Property Insurance.
SOURCE Creechurch International Underwriters Ltd.
For further information:
Ian Clayton, 416-601-2155, firstname.lastname@example.org
For more information on Creechurch International: