A comprehensive suite of crime insurance solutions
Financial crime is growing more complex and costly than ever. From social engineering scams to internal embezzlement, today’s losses can devastate cash flow and reputation, and traditional crime cover often leaves gaps clients discover too late. Our CRIMEstar policy and Crime Quantified analytics help you protect your balance sheet with confidence, offering broader coverage, advanced insights, and a simpler claims experience.
Understanding crime risks
Crime can manifest in various forms, including:
Manipulating employees into revealing confidential information or breaching procedures to initiate fraudulent transactions.
Misclassifying, overstating, or claiming fictitious expenses.
CRIMEstar – Crime insurance
CRIMEstar is an all-risks commercial crime policy designed to provide balance sheet protection against criminal or fraudulent acts that cause direct financial loss to your company. This innovative insurance solution covers losses discovered during the policy period, protecting against both systematic long-term losses and one-off attacks.
Key features of CRIMEstar
Unlike traditional crime insurance policies that distinguish between crimes committed by employees and third parties, CRIMEstar takes a broader approach. It covers crimes regardless of whether the perpetrators are employees or others, based on a simple test of dishonesty and malicious activity.
Why act now?
Financial crime is no longer rare or predictable. Social engineering losses have surged, regulatory scrutiny is rising, and sophisticated criminal networks are finding new ways in. Even companies who think they’re low risk are facing multi-million-dollar losses, and many find traditional policies don’t respond as expected.
What’s at stake?
Beyond financial loss, commercial crime can damage trust with clients, investors, and regulators. A single incident can drain cash flow, trigger contractual penalties, or expose directors to tough questions about governance and controls.
Why Willis?
We don’t just place a policy. We help you understand the risks unique to your business and build cover that works in the real world. Our proprietary data and benchmarking tools mean you can see how your limits, premiums, and exposures compare to peers and make confident decisions about your balance sheet protection.
Why CRIMEstar stands apart
Traditional crime insurance can leave gaps between employee and third-party cover or impose limits that don’t reflect modern risk. CRIMEstar removes these blind spots with:
- A single, all-risks approach, simplifying claims and avoiding grey areas.
- Automatic cover for new acquisitions essential for businesses growing through M&A.
- Extra cover for investigation and crisis costs, to help you recover quickly and protect your reputation.
Real-world data
“Willis’s benchmarking shows the average uncovered commercial crime loss exceeds $2.5 million. Yet two-thirds of businesses still carry no dedicated crime insurance.”
