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Crime/Fidelity

Crime coverage for evolving fraud and fidelity risks.

Employee and non-employee-perpetrated crimes can create significant financial and operational consequences for organizations. Old Republic Professional provides crime and fidelity solutions for a range of placement needs, including standalone Commercial Crime coverage, coverage as part of ORPROtect, and Financial Institution Bonds through our Financial Institutions team.

Underwriting Approach

For monoline Commercial Crime coverage, Old Republic Professional offers CrimePRO, a comprehensive solution designed to address the evolving risks businesses face when it comes to the devastating impact of employee and third-party perpetrated crimes.

Old Republic Professional works with brokers to evaluate crime and fidelity exposures based on the organization’s operations, industry, size, controls, loss history, and coverage structure. With decades of Commercial Crime experience, our team works to tailor policies to address each client’s unique risks.

Coverage Options

CrimePRO CrimePRO is Old Republic Professional’s standalone Commercial Crime solution, designed to provide robust crime coverage for today's fraud landscape.

ORPROtect

Crime coverage is available as part of ORPROtect, Old Republic Professional’s modular management liability solution for private companies and not-for-profit organizations.

Learn more about ORPROtect

Excess Financial Institution Bonds

Financial Institution Bonds are available through Old Republic Professional’s Financial Institutions team for eligible financial institution risks.

Contact one of our experienced FI underwriters for more detail

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TOUCH

Investigation expense & recovery considerationsCrimePRO includes sublimited coverage extensions for Proof-of-Loss Expenses, Computer Investigation Expenses, and Negotiable Instrument Legal Expenses related to covered losses.

Additional Coverage Highlights

Restoration Expense Coverage
Expansive definition of Employee
Broad definition of Messenger
Omnibus Insured definition
Blanket Joint Loss Payee language
180-day Proof of Loss window and 90-day post-Discovery reporting period
$25,000 prior loss threshold
15% acquisition threshold
Sublimited extensions for Proof of Loss Expenses, Computer Investigation Expenses, and Negotiable Instrument Legal Expenses

Appetite

Primary Capacity

Up to $15M

Preferred

Manufacturers and Processors
Construction
Retail and Personal Services
Life Sciences
Wholesalers and Distributors
Transportation
Professional Service Firms
Energy
Business Services
Entertainment
Technology

Considered

Large and mega-sized U.S. companies with revenues greater than $3B
Healthcare
Governmental entities not requiring Faithful Performance of Duty coverage
Check Cashers/Currency Exchanges
Payment processors
Money Transfer Companies
Cash handling/transport operations

Pass

Labor Unions
Financial Services — see Financial Institutions appetite
Cannabis

Excess Capacity

Up to $15M

Preferred

Targeting classes outlined in the Preferred primary appetite
Large and mega-sized U.S. companies with revenues greater than $3B

Considered

Standalone excess Social Engineering

Pass

Classes outlined in the Pass primary appetite
Top-heavy excess limits, including those for Social Engineering

Your Dedicated Commercial Crime Team

With decades of Commercial Crime underwriting and claims experience, our team brings the creativity, flexibility, and insight brokers rely on for complex crime and fidelity placements. Claims are handled by an experienced, in-house Fidelity claims attorney.