Insurance for banks
Bank risks
The bank′ security system is based on a defined risk management strategy. It consists of "standard" insurance elements′ of property, third party etc. In case of financial institutions, there are also some specific risks, such as:
- Dishonesty and employee negligence;
- Forgery; money, securities etc., in bank′s possession;
- Electronic and computer crimes;
- Crimes connected with issuance, forging or loss of cards;
- Negligence by the members of the Board, Supervisory Board or the management;
- Incorrect bank operations;
- Risks related with the transport of securities;
Dedicated financial institutions insurance packages serve to secure against the above mentioned risks.
