Accident Insurance Company, Inc. Enters into Agreement with GlobalOptions, Inc.

COLUMBIA, S.C.--(BUSINESS WIRE)-- Accident Insurance Company, Inc. (AIC) has contracted GlobalOptions, Inc. to serve as its Special Investigations Unit (SIU) provider. GlobalOptions will serve as the SIU provider preparing its fraud compliance reporting, conducting fraud training programs for its employees and conducting the investigation and identification of suspected fraudulent insurance activities across all insured programs and lines of business.

“Our experience in developing comprehensive SIU programs encompassing investigations and fraud compliance reporting and training will assist AIC in meeting the needs of a diverse insurance organization,” said Frank Pinder, President and CEO of GlobalOptions. “Our SIU program will allow AIC to proactively identify potential fraud, all while managing investigative activity through GlobalTrak™. The GlobalTrak reporting capabilities will allow AIC to calculate ROI on anti-fraud related activities in addition to generating annual reporting for compliance purposes.”

“We are pleased to have an organization as experienced as GlobalOptions handling our SIU program,” said Steve Poncsak, Chief Operating Officer of Accident Insurance Company, Inc.

GlobalOptions, Inc., headquartered in Orlando, FL, with regional offices in Chicago, Philadelphia, and Sacramento is the national leader in providing outsource SIU solutions and a wide variety of investigative products and services to insurance carriers, self-insured corporations, and third-party administrators. GlobalOptions provides quality field investigations, instantaneous access to public records, comprehensive SIU programs, strategic anti-fraud planning, innovative educational courses, integrated Internet-based technologies and investigative consulting services. For more information, visit www.globaloptions.com.

Accident Insurance Company, Inc. is a property and casualty P&C carrier writing workers’ compensation and commercial specialty programs in 19 states. Accident Insurance Company, Inc. is rated A- (Stable) by A.M. Best Company. To learn more about Accident Insurance Company, Inc., please visit www.accinsco.com.

GlobalOptions, Inc.Kevin McGinn, 407-859-0997
kevin.mcginn@globaloptions.com

Source: GlobalOptions, Inc.