Safeguard your Business’ Trust

Designed to safeguard your business against the financial consequences of dishonesty, fraud, and theft.

SAFEGUARD YOUR BUSINESS

Every business places a degree of trust in its employees, but the reality is that employee dishonesty, fraud, and theft are among the most prevalent and costly risks a business faces.

The financial impact of employee fraud can be devastating. Not only does it lead to monetary loss, but it also disrupts operations, damages internal culture, and affects your business’ reputation. 

Employee Fidelity Insurance covers direct financial losses resulting from theft of money, assets, or property, and in some cases extends to cover losses arising from fraudulent transactions, forgery, and computer fraud.

Years in the UAE
0 +
Claims Assistance
/7

GET YOUR EMPLOYEE FIDELITY INSURANCE QUOTE

Employee fraud and dishonesty can affect any business, regardless of size or industry. 

Share your details and we’ll find the right plan for your company.

Key Benefits

Theft & Misappropriation

Cover losses caused by employees taking company money or assets.

Fraudulent Transactions

Protection against unauthorized financial transactions by employees.

Document Manipulation

Cover risks arising from dishonest alteration or misuse of business records.

Trusted Access Risk

Help protect your business when dishonest acts involve employee access and authority.

FAQ

What does Employee Fidelity Insurance cover?
Employee Fidelity Insurance covers your business against direct financial losses arising from dishonest, fraudulent, or criminal acts committed by your employees. This includes theft of money, securities, and physical assets, fraudulent financial transactions, forgery and alteration of financial documents, computer and electronic fraud, and the costs of investigating an incident.
Any business that handles money, manages financial transactions, holds physical assets, or employs individuals in positions of financial trust should consider Employee Fidelity Insurance. It is particularly relevant for retail businesses and cash-handling operations, financial services firms, logistics and supply chain companies handling high-value goods, professional services firms with access to client funds, and any organisation where employees have unsupervised access to money, assets, or sensitive financial systems.
A Fidelity policy can be arranged to cover all employees within your organisation, or it can be structured to cover specific individuals, departments, or roles that carry a higher level of financial responsibility, such as finance teams, cashiers, procurement staff, or senior executives.
Standard exclusions typically include losses that cannot be directly attributed to a specific dishonest act by an identified employee, inventory shortages or accounting discrepancies without evidence of fraud, and losses arising from acts committed before the policy inception date.
Contact GSIB immediately upon discovering or suspecting a fraudulent act, and do not confront the employee or take any disciplinary action before speaking to your insurer and legal advisors. Preserve all financial records, transaction logs, and evidence related to the suspected incident. Your insurer may require a formal police report to be filed as part of the claims process. Our claims team will guide you through the entire process.

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