Internal fraud

External fraud

Employment Practices and Workplace Safety

Losses due to acts of a type intended to defraud, misappropriate property or circumvent regulations, the law or company policy, excluding diversity/discrimination events, which involves at least one internal party

Losses due to acts of a type intended to defraud, misappropriate property or circumvent the law, by a third party

Losses arising from acts inconsistent with employment, health or safety laws or agreements, from payment of personal injury claims, or from diversity/discrimination events

Clients, Products & Business Practices

Damage to Physical Assets

Losses arising from an unintentional or negligent failure to meet a professional obligation to specific clients (including fiduciary and suitability requirements), or from the nature or design of a product

Losses arising from loss or damage to physical assets from natural disaster or other events

Business disruption and system failures

Execution, Delivery & Process Management

Losses arising from disruption of business or system failures

Losses from failed transaction processing or process management, from relations with trade counterparties and vendors