Insurance protection against employee fraud
The statistics are staggering. Fraud costs businesses ten times more than fires . . . .but it is often overlooked on most companies' insurance policies.
The cost of employee fraud
In 2006, the value of reported business fraud in the UK was £1.37 billion - a 40% increase from 2005. Over 85% of fraud cases are committed by staff, with more than half (55%) involving senior managers.
Protecting against employee fraud
Fraud can take place in any business - from acupuncturists to wine merchants - so our policy is invaluable to many types of company. Our typical clients include solicitors, other professionals, charities, local authorities, manufacturers and social clubs.
Our policy will particularly help smal and medium enterprises (SME) which are less likely than larger companies to survive serious fraud losses.
Contact either Neil Hancock or Christopher Bate to discuss your business needs. Alternatively please use our online enquiry form.