Crime insurance policy provides extensive coverages and safeguards against theft by staff and other consequences resulting from forgery, software abuse, and others. In addition, crime insurance is largely preferred by financial organizations, banks, private companies, and other businesses. In case of any criminal fraud, it is the obligation of insurance provider to defend policyholders from potential claims or liabilities suffered by the insured. It also protects costs or claims that arise from losses through instruments such as cheques that are corruptly withddrawn on behalf of the policyholder by a third-party.
This report contains market size and forecasts of Crime Insurance in Global, including the following market information:
Global Crime Insurance Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Crime Insurance market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fraud Cover Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Crime Insurance include Nationwide Mutual Insurance Company, American International Group, Inc., Morris & Reynolds Insurance, Chubb, Allianz SE, The Travelers Companies, Inc., HDFC ERGO General Insurance Company Limited., JS Downey Insurance Service and The Guarantee Company of North America. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Crime Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Crime Insurance Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Crime Insurance Market Segment Percentages, by Type, 2021 (%)
Fraud Cover
Forgery Cover
Theft Cover
Kidnapping Cover
Others
Global Crime Insurance Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Crime Insurance Market Segment Percentages, by Application, 2021 (%)
Individuals
Small & Medium Sized Enterprises
Large Enterprises
Global Crime Insurance Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Crime Insurance Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Crime Insurance revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Crime Insurance revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Nationwide Mutual Insurance Company
American International Group, Inc.
Morris & Reynolds Insurance
Chubb
Allianz SE
The Travelers Companies, Inc.
HDFC ERGO General Insurance Company Limited.
JS Downey Insurance Service
The Guarantee Company of North America