Have piece of mind with fidelity & crime coverage. Often it’s too late before business owners realize that every organization that buys, sells or handles good or provides a service, is vulnerable to fraud!
Why Fidelity & Crime Coverage?
Fidelity/Crime Insurance protects organizations from loss of money, securities, or inventory resulting from crime. Common Fidelity/Crime insurance claims allege employee dishonesty, embezzlement, forgery, robbery, safe burglary, computer fraud, wire transfer fraud, counterfeiting, and other criminal acts.
These schemes involve every possible angle, taking advantage of any potential weakness in your company’s financial controls. From fictitious employees, dummy accounts payable, non-existent suppliers to outright theft of money, securities and property. Fraud and embezzlement in the workplace is on the rise, occurring in even the best work environments.
American businesses suffer billions of dollars in crime losses every year.
- The median loss is $159,000. Over 250 cases caused at least $1,000,000 in losses and nine caused losses of $1 billion or more.*
- The median length of the scheme was 18 months.*
* 2006 Report to the Nation on Occupational Fraud and Abuse. Copyright 2006 by the Association of Certified Fraud Examiners, Inc.
Accessible Marine Insurance is ready to protect our clients against such losses with policies and coverage enhancements to meet their ever changing risk management needs. Here are a few classes of business ideally suited for this type of coverage:
| Merchantile Establishments | Governmental Entities | Medical Entities | Financial Institutions | Armored Car/Valuables |
|---|---|---|---|---|
| High Tech Enterprises | Insurance Pools | Physician Offices | Commercial Banks | Armored Car |
| Manufactures | Local/Town/State Govt | Regional Medical Centers | Finance Companies | Couriers |
| Retail Trade | Lotteries | Surgery Centers | Insurance Companies | Mining |
| Restaurants | Schools/School Boards | Hospitals | Investment Bankers | Jewelry |
| Utilities | Utilities/Cooperatives | Investment Companies | Vault | |
| Processors | Mortgage Bankers | |||
| Wholesalers | Mutual Funds | |||
| Construction Contractors | Savings Banks | |||
| Hotels | Stock Brokers | |||
| Distributors | Small Loan Companies | |||
| Convenience Stores | Accounting Firms |