Also known as MTF Insurance, this cover protects our clients against thefts from either their Trust Fund account (in the event that they are Attorneys) or from a 394(1)(a) current account (in the event that they are Liquidators) by a Director or employee who holds a valid contract of employment.
The bespoke Genoa Misappropriation of Trust Fund Insurance policy provides broad cover for theft and misappropriation by any principal or employee of trust money.
Our competitively priced Misappropriation of Trust Fund Insurance covers our clients in one of three ways:
- Blanket Basis: Covering your firm for all staff members who hold contracts of employment.
- Named Positions Basis: Covering only specific employees in your firm (e.g.: accountants, computer technicians, personal assistants, etc.)
- Named Persons Basis: Covering specific people within your firm.
Genoa clients enjoy speciality support from our in-house legal team who assist with best practice management of their operations. We offer bespoke insurance policies which, subject to the retroactive date contained in the policy, provide effective cover that is triggered when a claim is made during the policy period – regardless of when the alleged wrongful act occurred.
Contact Genoa today to find out more about any of our policies.