An insurance investigator examines insurance claims that are suspicious or otherwise in doubt. Investigators in this field have differing specialties and backgrounds. Some insurance companies have their own in-house investigation teams while other companies sub-contract the work to private investigators or private investigation firms.[1] Although such investigations are usually conducted to combat fraud, very often investigators will be working simply to establish the circumstances of a particular claim (for example, in a multi-vehicular road accident involving various parties, claims and insurance companies).
Methods of defrauding insurance companies are manifold, as are the means of investigating them. As a crime, however, evidence shows that insurance fraud in wealthy nations is increasing, with many governments running public awareness campaigns to deter potential fraudsters and appeal to the public to report any suspicious claims.[2]
One of the most common forms of insurance fraud is the exaggeration of injuries. Because many injuries can be exceptionally difficult to quantify (for example, psychological injuries or physical injuries such as whiplash), investigators will often seek to establish that what the claimant claims is true (for example, if a claimant states he or she cannot work) and that there are no obvious discrepancies in the symptoms claimed (very often examined in conjunction with medical staff). Surveillance is often employed in such circumstances to verify the claim.
Another form of lesser known fraud is that of claiming on an insurance policy for injuries sustained before the policy came into effect. For example, in a road accident, a person may claim to have sustained a debilitating back injury. On investigation, however, it transpires that the injury had been sustained in an incident some months or even years before. Very often insurance companies and investigators will study medical reports and history to eliminate this possibility, as well as searching for evidence of previous claims or accidents.
There are also many forms of fraud involving property, for example when a person with valuable assets (property, for example) deliberately destroys them, often through arson, with the intention of then claiming the value back through insurance. Another form would be an art collector insuring a high value piece and then having it 'stolen' - claiming the money for himself and keeping the art piece in the process.[3]
Referencesedit
^"10.23.2 Contractor Investigations". 9 November 2022.
^Pennsylvania Office of Attorney General Strawberry (9 November 2022). "Types of Insurance Fraud".
^Detektei Fahtz (9 November 2022). "Detektei" (in German).
January 01, 1970
insurance, investigator, film, insurance, investigator, film, insurance, investigator, examines, insurance, claims, that, suspicious, otherwise, doubt, investigators, this, field, have, differing, specialties, backgrounds, some, insurance, companies, have, the. For the film see Insurance Investigator film An insurance investigator examines insurance claims that are suspicious or otherwise in doubt Investigators in this field have differing specialties and backgrounds Some insurance companies have their own in house investigation teams while other companies sub contract the work to private investigators or private investigation firms 1 Although such investigations are usually conducted to combat fraud very often investigators will be working simply to establish the circumstances of a particular claim for example in a multi vehicular road accident involving various parties claims and insurance companies Insurance fraud editMain article Insurance fraud Methods of defrauding insurance companies are manifold as are the means of investigating them As a crime however evidence shows that insurance fraud in wealthy nations is increasing with many governments running public awareness campaigns to deter potential fraudsters and appeal to the public to report any suspicious claims 2 One of the most common forms of insurance fraud is the exaggeration of injuries Because many injuries can be exceptionally difficult to quantify for example psychological injuries or physical injuries such as whiplash investigators will often seek to establish that what the claimant claims is true for example if a claimant states he or she cannot work and that there are no obvious discrepancies in the symptoms claimed very often examined in conjunction with medical staff Surveillance is often employed in such circumstances to verify the claim Another form of lesser known fraud is that of claiming on an insurance policy for injuries sustained before the policy came into effect For example in a road accident a person may claim to have sustained a debilitating back injury On investigation however it transpires that the injury had been sustained in an incident some months or even years before Very often insurance companies and investigators will study medical reports and history to eliminate this possibility as well as searching for evidence of previous claims or accidents There are also many forms of fraud involving property for example when a person with valuable assets property for example deliberately destroys them often through arson with the intention of then claiming the value back through insurance Another form would be an art collector insuring a high value piece and then having it stolen claiming the money for himself and keeping the art piece in the process 3 References edit 10 23 2 Contractor Investigations 9 November 2022 Pennsylvania Office of Attorney General Strawberry 9 November 2022 Types of Insurance Fraud Detektei Fahtz 9 November 2022 Detektei in German Retrieved from https en wikipedia org w index php title Insurance investigator amp oldid 1180769848, wikipedia, wiki, book, books, library,
