Employee fraud happens to all businesses, even some of the most well-managed companies, It can affect your bottom line and cash flow. Fraud committed by a “trusted” employee may cost you in the hundreds of thousands of dollars, possibly even more. Your company may have done its due diligence and conducted new-hire background checks, employ fraud detection systems, segregate financial duties of employees and educate your staff on how to detect fraud and yet, you are still vulnerable.
The scope of crime and fraud insurance coverage can vary between insurers, depending on the risks and nature of your particular business, but MYCOR Insurance
ensure you are protected against:
- Burglary and robbery
- Money and securities theft
- Employee fraud and dishonesty
- Electronic fraud, fraud, or forgery.