Small Businesses Pay Double in Occupational Fraud Losses
Embezzlements cost hundreds of thousands of dollars
Crime losses produce a 5% revenue loss on average for businesses in a given year. While many companies assume they’re fully covered for crime losses under standard business owners policies, BOP limits tend to be insufficient for larger losses trending in the industry.
In this IA Magazine article, Stephanie Hoboth and Tom Maloney of our Fidelity / Crime team share how to protect businesses from crime losses.
Learn more about our crime insurance expertise.
Read the article