LA-ACFE.org - Los Angeles Area Chapter
Past Events
Chapter Luncheon

Thursday, May 26, 2005
11:30a.m. - 1:00 p.m.
Beckham Grill - Pasadena
77 W. Walnut Street
PASADENA, CA 91103
(626) 796-3399
TOPIC: "The Insurance Implications of Fraud Loss:  Got Coverage?”

SPEAKER: Patricia Barrett

DESCRIPTION OF SPEECH: Only a small percentage of organizations, victimized by
fraud, will recover their loss fully from insurance.

What are the underlying reasons that contribute to this fact?
Is there a way to ‘close the gap’?
What types of coverage are available?
What conditions, restrictions or exclusions should an organization consider to
ensure the maximum potential for recovery?
Is it costly or difficult to qualify for?

Whether your organization is (or clients are) large or small, public or private, for-
profit or not-for-profit…this discussion will consider the implications of being un-
insured, under-insured or not having the ‘right-type’ of insurance protection in place.

SPEAKER BIO: Pat Barrett is a Vice President for ACE USA, a multi-national financial
services firm.  She manages ACE’s Employee Theft and “non-employee crime”
insurance group nationally.  

The products, underwritten in the group, protect public, private, not-for-profit and
governmental agencies of all types and sizes for loss sustained as a result of:

Employee Theft
Forgery
Computer Fraud
Funds Transfer Fraud
Burglary and Robbery, and
Other types of crimes in the workplace

Pat has twenty-five (25) years of underwriting experience in this field of insurance.    
Prior to joining ACE in 2004, Pat worked for AIG for 18 years, and also with
Continental Bond Group and The Fidelity & Deposit Company of Maryland.