Damage to trust through fraud, embezzlement or manipulation can significantly damage companies. To protect you from such risks, we now offer e-crime (trust loss insurance) — a quick, simple and comprehensive solution.
Why Baobab e-crime?
- Insurance sum of up to 5 million euros with Liberty Speciality Markets as risk carrier
- Full coverage without sublimits — everything is covered that is often limited by other providers
- No general clause — you benefit from clearly defined protection without unwanted exclusions
- FINC clause in standard wording — international risks can also be insured
- Quick application process — just two organizational requirements, for which we provide you with guidelines
Simple requirements for optimal protection
In order to claim protection, only two organizational requirements must be met:
- 4-eye principle: All financial or asset dispositions of 5,000 euros or more must be approved by two people
- Protection against attempts at deception: There must be a clearly defined process to avoid attempts to deceive changed bank details or unusual payment instructions
With these simple measures, you get comprehensive protection against financial losses — without bureaucratic effort.
From March 18, the e-crime product will be available on the brokerage portal! Until then, inquiries can be submitted manually via your responsible brokerage advisor.
Baobab makes it easy to protect companies from damage to trust.