Employee Crime

On average, an organization loses 5% of their revenue each year to fraudulent activity perpetrated by their own employees*. Adding to the issue, most employers don’t realize that their current insurance doesn’t cover onsite cash lost due to employee theft. Nor does it cover fraudulent online money transfers made by employees. We can help you take steps to stay protected.

*According to the 2012 Report to the Nations on Occupational Fraud and Abuse conducted by the Association of Certified Fraud Examiners

 

Employee Crime Resources

Employee Fraud: You Won't See it Coming Employee Dishonesty: The Facts Protection from Hackers: Computer Fraud and Cyber Liability Insurance Commercial Insurance solutions from Propel

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Brent Heilesen
Sales Director

Propel Insights

Ingredients of Embezzlement

No background checks Trust – little to no oversight Duties are not segregated No Audits No system for cross checking invoices against [...]

Employee Fraud: You Won’t See it Coming

The typical organization incurs a 5% loss of annual revenue as a result of fraudulent activity. Here’s how it happens and why [...]

Employee Dishonesty: The Cost of Fraud

Employee dishonesty is one of the most severe problems facing businesses today. Fraud, perpetrated by trusted employees, accounts for a projected global [...]