ABSTRACT

The insurance industry has an ongoing need for the services of private security professionals, particularly private investigators. Part of this reality is driven by the sheer volume of fraudulent conduct within the various facets of insurance practice. The Association of Certified Fraud Examiners (ACFE) delineates the most common versions of fraud:

Agent and broker schemes

Underwriting irregularities

Vehicle insurance schemes

Property schemes

Life insurance schemes

Liability schemes

Health insurance schemes

Workers’ compensation schemes 1