Insurance Fraud
According to reports, fraudulent insurance claims cost the insurance industry over 308 billion dollars annually. These costs are passed down to the consumer, which raises an individual’s premium approximately $900.00 per year to help recover fraudulent claims.
Statics suggest that approximately 20% of insurance claims are fraudulent, making insurance fraud the second-most costly white-collar crime in the United States, after tax evasion. Simply stated, insurance fraud is costly to all businesses across all industries. X-Feds can be a valuable partner to ensure fraud is identified and the responsible party is brought to justice.
X-Feds offer a broad range of insurance fraud investigations including:
- Worker’s Compensation
- General Liability
- Property and Casualty
- Disability
- Auto Liability
X-Feds can help protect your company’s resources and reduce the impact of fraudulent claims. We conduct investigations to verify claims and safeguard your organization from unnecessary losses. X-Feds can also identify and investigate employee theft.
X-Feds offer the following services related to Insurance Fraud:
- Physical and Digital Surveillance
- Video and Photographic Documentation
- Professional Interviews
- Re-Create Accident Scenes
- Civil Process Service
- Criminal Records Check
- Locating Witnesses
- Asset Searches and Documentation
- Background Investigations
- Covert Investigations
- Professional, Accurate, and Detailed Report of Investigation.