CRC introduces a cybercrime product

Specialized wholesaler CRC Group Inc. said Thursday that it will offer a new cybercrime product, Crime360, through its CRC/INSUREtrust Cyber ​​Practice group.

Crime360 targets exposures such as social engineering and business email compromise events, which are the most common forms of loss in the cyber market, the CRC said in a statement.

Crime360 offers primary limits of up to $10 million with the ability to build excess limits, the statement said.

Key features include cover for socially engineered loss, including property, and cover for bill manipulation claims.

The manuscript coverage form is available in primary as well as excess capacity with drop-down coverage on top of the underlying crime insurance agreements.

Crime360 is available to a wide range of industries, including manufacturing, engineering/construction, law firms, real estate, technology and retail/wholesale, CRC said.