In recent years, wire transfer fraud schemes have become increasingly common at all levels of business, and in all industries. Construction has not been immune. Although the insurance market for this risk is evolving, frequently there are misconceptions about available coverage, disagreements over claims, and, at times, contentious litigation. This program will review the common ways these events unfold, explore the typical coverage disputes, and identify strategies for securing proper insurance recovery.
Don’t miss this opportunity to hear the Federal Bureau of Investigation (FBI) perspective on Business Email Compromise. Learn how scams are used to conduct unauthorized transfers of funds – and find out the latest data and trends, per FBI reports. You will walk away with suggestions on self-protection and what to do if you are a victim.
Upon the conclusion of this session, participants will be able to:
- Identify the most common wire transfer fraud scenarios;
- Describe proactive measures to avoid or mitigate loss from fraudulent wire transfer;
- Explain available wire transfer fraud insurance coverage options;
- Apply effective strategies to obtain coverage for wire transfer fraud claims.
To view more information on this webinar or to register, click here.