Insurance

Crime Insurance

Are your small business clients receiving adequate protection?

When it comes to fighting fraud, many small businesses face an uphill battle.

• Small businesses are the most common victims of fraud accounting for 38% of all cases. 

• Small businesses feel the impact of fraud losses more than larger organizations sustaining median loss of $150,000 with 23.2% of fraud losses totaling $1 million or more. 

• Small businesses are less likely to detect occupational fraud by a tip. 

• Common fraud schemes plaguing small businesses include billing fraud, check tampering, expense reimbursement, cash embezzlement, and payroll fraud. 

KEY ADVANTAGES

• Competitive rates specific to small business exposures: 
  • Minimum premium starting at $300. 
• Our industry recognized outstanding underwriting expertise and claims service backing it all.
• Limits available up to $1 million. 
• Broad appetite with few restricted classes.
• ERISA coverage included. 
• Comprehensive crime insurance coverage in comparison to limited coverage typically found within package policies.