Rethinking Crime Insurance: Why Coverage Isn’t Always What It Seems, Philippe Côté Reminds Us

Miscalibrated limits, vendor fraud, social engineering—crime insurance is more complex than most businesses think, and the gaps in coverage can be costly.

Philippe Côté, Senior Vice-President, National Practice Leader—Executive Risks at BFL CANADA, breaks it all down in a recent Insurance Business Canada article, highlighting what businesses need to know to make sure they’re truly protected.

From how losses are defined to the fine print around different fraud scenarios, the article highlights why a closer look at coverage details and why assumptions can make a large difference for businesses navigating today’s risk landscape.