Page 51 - ACFE Fraud Reports 2009_2020

I N S U R A N C E
Many organizations prepare themselves for the possibility of fraud by obtaining insurance against losses. Five hundred and
sixty-three respondents answered questions about the victim organizations’ insurance coverage. Slightly over 60% of the vic-

tim organizations in our study carried insurance to protect them from fraud losses.

W A S T H E V I C T I M I N S U R E D ?

RESPONSE CASES
Yes 61.1

No 38.9

0 10 20 30 40 50 60 70 80 90 100
PERCENT OF CASES (%)

Respondents also provided information about the percentage of losses the victim organizations were able to recover through
their insurance.

I N S U R A N C E R E C O V E R Y F O R F R A U D L O S S E S

RESPONSE CASES
0-25% 39.1
26-50% 13.5

51-75% 12.4
76-100% 35.0

0 10 20 30 40 50 60 70 80 90 100
PERCENT OF CASES (%)

P A G E 2 1