Commercial crime – theft or fraud from employees - is much more widespread than you may think, and studies show that it is on the rise, particularly as evolving technologies open up more opportunities for theft or fraud. Canadian employees steal approximately 20 billion dollars per year in money, securities, stock and other property from their employers, and the effect on your organization can be devastating to your bottom line. Whether you are a privately owned or publicly-traded company, you owe it to your stakeholders to ensure that you have protected your organization properly with crime insurance.
Many employers believe that their property or business owners insurance covers commercial crime, a mistake that can be very costly. Reliance Insurance can walk you through the specifics of your business, advise you on your options, and ensure that you have the correct coverage.
Some areas of coverage that your business may require include:
- Employee theft
- Forgery & alteration
- Theft on your premises
- Theft off premises
- Theft while in transit
- Computer fraud
- Credit card fraud
- Funds transfer fraud
Stay one step ahead of commercial crime
Technology and work processes are constantly morphing and changing – call Reliance Insurance so that you can be sure that you have the coverage to stay ahead of the changes and pitfalls, to give you and your stakeholders peace of mind.