Employee Theft of Client Funds – UK Professional Services Practice
May 2021
The Insured's employee stole funds from two bank accounts containing the firm's clients funds.
Dishonesty of Employee and SIM Swap Fraud – Bank in the United Arab Emirates
April 2021
The insured are a large bank in the United Arab Emirates. As much as USD 1.5million was stolen from customer accounts.
UK literary agent hit by ransomware attack
February 2021
The insured, a UK based literary agent, were hit by a ransomware attack in the days following the initial Covid-19 lockdown. As with many SMEs, the insured were still trying to navigate the challenges of working from home, and this made the attack particularly disruptive.
Impropriety by GM – Colombian Subsidiary of Healthcare Provider
February 2021
A European-owned multinational with offices worldwide. The General Manager had founded the business himself and had sold out to the multinational.
Dishonesty of Employee – Hong Kong Branch of a Management Agency
January 2021
A US-owned agency with offices worldwide. The Hong Kong branch was previously independent and had been sold to the international agency in the 2000s.