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Crime is everywhere. From petty street crime to multi million dollar fraud, it is what keeps our justice system and corrections facilities full. And no-one and no business are immune from it. There are so many ways businesses can suffer from crime – from an employee who has their hand in the cash register, to an embezzling accountant. Your organization, whether a corporation or a not-for-profit, can also be vulnerable to crimes like robbery and burglary. Crime is one of the biggest ways companies and corporations can lose money and assets.
The threats to any organization from crime can come from both from outside and within. Did you know, for example that, according to the Retail Council of Canada, 40% of losses from Canadian businesses are allegedly due to employee theft? And when you add in the vast number of ways your organization can suffer loss due to criminal behaviour, you can see why a Crime Insurance policy from Axis Insurance is a good idea.
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