Commercial Crime Insurance Fundamentals

• Welcome Message from Instructor
• Course objectives
• Downloadable Material

• Chapter introduction & objectives
• What is commercial crime insurance? FREE PREVIEW
• Commercial crime statistics
• What is insured by a commercial crime policy?
• Who is insured by a commercial crime policy?
• What crimes are covered?
• Who perpetrated the crime?
• Where did the loss occur?
• How was the crime committed?
• What is not covered in a commercial crime policy?
• Interactive Exercise Instructions
• Interactive Exercise

• Chapter introduction & objectives
• The crime must fit the terms of the policy
• Two kinds of insuring agreements
• Requirements for coverage
• The complex nature of employee crime
• Manifest intent FREE PREVIEW
• Robin Hood fraud
• Who is an employee?
• Claim reporting rules
• The timing of events
• Loss sustained
• Loss discovered
• How to avoid reporting a claim too late
• Discovery date
• When crime strikes
• Activity: What to do and expect when filing a claim?
• Interactive Exercise

• Chapter introduction & objectives
• What does coverage look like in a commercial crime policy?
• What is covered? Employee insuring agreements
• What is covered? Non-employee insuring agreements
• Extensions
• Client property coverage
• Employee benefit plan/ Pension administrator's coverage
• Social engineering fraud
• ERISA bond
• Personal account protection
• Telephone fraud, mail and courier rider, data restoration
• Claim expense and extended reporting period
• Activity - Claim Scenarios
• Interactive Exercise

• Chapter introduction & objectives
• Employee crimes: common, expensive and complex FREE PREVIEW
• Common types of fraud
• Claims example: large gold mining company
• Claims example: lawyer
• Not-for-profit organizations claims examples
• Managing commercial crime risk
• Human resources controls
• Operations controls
• Interactive Exercise

• Chapter introduction & objectives
• Why organizations buy commercial crime insurance?
• The application process
• Application checklist
• Social engineering fraud application checklist
• What to buy? A look at different options
• What to buy? Choosing an option
• Other coverage decisions: who is covered and what is covered?
• Other coverage decisions: policy terms (loss sustained to loss discovered & vice versa) FREE PREVIEW
• Other coverage decisions: limits
• Other coverage decisions: coverage limit
• Other policy decisions: deductible
• Other terms and conditions
• Selecting an insurer
• Interactive Exercise

• Course Survey
• Course Wrap Up
• Commercial Crime Insurance Fundamentals Final Assessment

With ITC, you can take any course at any time. For the best learning experience, a prerequisite may be recommended in the course description.

At ITC, we want to hear from you! Our courses are specifically developed to provide relevant and up-to-date training on insurance topics. If there is something you’d like to learn or explore and we don’t have the course, please reach out!

We take pride in providing up-to-date relevant courses! ITC is committed to reviewing all course content at least once a year and making any necessary updates or additions to course materials.

We provide a digital certificate of completion for all successfully completed courses.

All ITC courses and subscriptions are priced in USD.

When you purchase a single course you will receive lifetime access to the course from any device. This includes any future updates to course materials.

We offer a risk-free 30-day money-back guarantee on all our courses. If you are not happy with your ITC course purchase you have up to 30 days from your original date of purchase to contact ITC at [email protected] to request a full refund. All we ask is that you provide us with the reason for your refund request. It is feedback from clients like you that helps us to improve our courses.

When you sign up for an ITC subscription, you’ll immediately have unlimited access to the entire course library and you can cancel at any time. But why would you want to? Having ongoing access to course materials means you can refer back anytime you like, brush up on important concepts, or even retake those sections that you keep forgetting (of course, we’re not saying that you’re forgetful). Plus, the longer you subscribe, the more courses and resources you’ll get because we are continually investing in adding new courses and updating existing ones.

With both subscription options you get immediate access to the entire course library as well as access to all additions and updates for as long as you continue to subscribe. For best value we recommend the annual subscription.

You can cancel your subscription at any time by contacting ITC at [email protected]. Your subscription will auto-renew until then. Before you decide to cancel just remember that we’ve got new courses in the pipeline that may be of interest to you. If you want to know what new courses we’re working on you can email us at [email protected] and ask.

Our risk-free 30-day money-back guarantee also applies to our subscription services. If you’ve purchases a monthly or annual subscription you have 30 days from your original date of purchase to contact ITC at [email protected] to request a full refund. All we ask is that you provide us with the reason for your refund request.

Please note, when a subscription is refunded, your account with ITC will be closed. Completion certificate(s) for any courses you may have already completed during your subscription will no longer be accessible. And we will be sad to see you go.

We ask for an explanation because we value your input and it is feedback from clients like you that helps us improve our courses.

If you request a refund, your account will no longer be valid and your certificate of completion will not be accessible.

Yes, ITC can also provide courses through bespoke corporate programs. To find our more please contact us directly at [email protected].