Mitigate risks related to losses tied to fidelity liability and crime exposures.
Employee theft and other crimes remain a significant cost for businesses. Everything from a trusted employee who embezzles money through falsified expense reports to the cybercriminal that uses social engineering and other techniques to steal company funds, a company’s assets are at risk.
Take a look at some recent statistics of the impact of employee theft on businesses:
Employee Theft Costs
Businesses
Employee Theft Costs
Businesses
Caused by Company Insiders
Lost to Employee Theft
Each Year
Committed by Company Insiders or a Combination of Insiders and Outsiders
We can provide you with a Fidelity & Crime policy to protect your business against the risk of theft of your money and securities. A typical policy is comprised of several coverage options to purchase, depending on your profession, industry niche, and the exposures you face:
When a public company purchased a private firm, we were able to provide significant savings to each party by securing a policy with a look-back provision that covered both the old board and the team moving forward.
