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ACE Group has added crime cover to its suite of products on ACE Online, its Web-based trading tool that allows brokers to quote and bind specialist insurance business, as it continues to expand its offering on this platform.

ACE’s crime insurance proposition, which also has been available for a number of years through its other distribution channels, has three main offerings: internal crime, external crime, and client cover. Internal crime covers losses as a result of fraud or dishonesty committed by the insured’s employees. External crime covers losses committed by third parties, as a result of computer crime, forgery, counterfeiting, fraudulent alteration, or theft. It also provides an element of cover to the insured’s clients, where a loss is sustained when under the care, custody, and control of the insured.

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