Commercial Crime Insurance

Why do businesses need commercial crime insurance?

Businesses lose money as a result of internal and external crime every day. Most commercial property insurance policies don’t include coverage for crime-related losses. That means theft by employees, embezzlement, forgery, computer fraud, social engineering scams, and burglary often fall outside a standard policy’s limits. Without dedicated crime insurance, a single incident can disrupt cash flow, damage reputation, and delay operations. Companies should evaluate exposures, implement strong internal controls and train staff to spot fraud to fill coverage gaps. Tailored endorsements can also help address evolving cyber-enabled schemes.

What does commercial crime insurance cover?

• Employee Dishonesty
• Forgery or Alteration
• Money and Securities

GNY offers commercial crime insurance through Brite Insurance Agency, a wholly owned subsidiary of GNY Insurance Companies.

Contact your independent broker to assess your business risk and determine if commercial crime insurance coverage is needed.

This is an abbreviated identification of available coverages. Please refer to the insurance policies themselves for a complete description of the coverages, limits, terms, conditions, and exclusions.

Not all products are available in all states and not all products are available in all multi-peril packages offered by GNY Insurance Companies. Please consult with your GNY affiliated broker for further information.

Submitting a Commercial Crime Insurance Claim to GNY

To submit a claim related to commercial crime refer to the guides here.