I am quite sure that Amarex has insurance of some
Post# of 148101
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Posted On: 09/27/2023 9:13:49 AM
I am quite sure that Amarex has insurance of some kind, however we don't know if they specifically have Fraud Insurance, which is what they might need. Let's hope they do!
"Fraud Insurance covers the financial damages resulting from fraud committed by employees or third parties to ensure the continuation of your enterprise. Fraud mostly consists of dishonesty, forgery, theft or embezzlement. Fraudsters increasingly tend to conspire with one or more employees whereby controls are circumvented, with all the entailing consequences for your financial institution as a result." (AON)
"Fraud Insurance covers the financial damages resulting from fraud committed by employees or third parties to ensure the continuation of your enterprise. Fraud mostly consists of dishonesty, forgery, theft or embezzlement. Fraudsters increasingly tend to conspire with one or more employees whereby controls are circumvented, with all the entailing consequences for your financial institution as a result." (AON)
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