CRC introducing cyber crime product

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

Crime360 is aimed at exposures such as social engineering and business email compromise events, which are the most frequent forms of loss in the cyber marketplace, CRC said in a statement.

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

Key features include coverage for social engineering loss, including property, and coverage for invoice manipulation claims.

The manuscript coverage form is available on a primary basis as well as in an excess capacity with drop-down coverage over underlying crime insuring agreements.

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