Insurance is the safety net that frequently fails precisely when fraud strikes, because crime, cyber and D&O policies carry intricate conditions, notification deadlines and exclusions that the early hours of an investigation can inadvertently breach. For a board this matters because steps taken in good faith - delaying notice, admitting liability, settling, or mishandling evidence - can void cover worth far more than the loss itself. This report explains how these policies interact with suspected fraud in your chosen jurisdiction and industry, the notification and cooperation duties that attach, the proof-of-loss and exclusion provisions that commonly bite, realistic recovery-rate ranges, the practices that preserve cover, and explicit guidance on engaging coverage counsel and brokers early so investigation decisions do not quietly forfeit the insurance you have paid for.
Reference material for informed readers, not advice.
