Fraudsters don’t invest their ill-gotten gains. If you don’t have insurance you likely won’t get any recovery from a fraudster. The ways in which your organization meets its objectives have grown dramatically, leading to a growth in the risks to the organization. While insurance options exist to mitigate these increased risks, the variety of insurance options and subtle differences can make choosing appropriate coverage a challenge for any organization. We’ll discuss the variety of insurance coverage, and some frequently overlooked options, which can significantly increase the likelihood of recovery from a wrongdoer’s action.
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Marc Courey, CPA/CFF, JD, LLM, CFE, CICA, CCEP, CIA