Oak Ridge, Tenn, June 25, 2012 – Appalachian Underwriters, Inc. (AUI) has contracted GlobalOptions, Inc. to serve as its Special Investigations Unit (SIU) provider. GlobalOptions will serve as the SIU provider handling regulatory compliance, fraud training and reporting, and 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, reporting and compliance will assist Appalachian Underwriters in meeting the SIU needs of diverse insurance organization,” said Frank Pinder, President and CEO of GlobalOptions. “Our SIU program will allow Appalachian Underwriters to proactively identify potential fraud, all while managing investigative activity through GlobalTrak™. The GlobalTrak reporting capabilities will allow Appalachian Underwriters to calculate ROI on anti-fraud related activities in addition to generating annual reporting for compliance purposes.”
“We have partnered with GlobalOptions because of their expertise in the SIU arena,” said Bob Arowood, President of Appalachian Underwriters, Inc. “GlobalOptions will give us the ability to consolidate investigative and anti-fraud efforts so that we can concentrate on our core business”.
About Global Options, 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.
About Appalachian Underwriters, Inc.
Appalachian Underwriters, Inc. is a full-service MGA and wholesale insurance brokerage, providing independent agents a national outlet to multiple specialized markets for Workers’ Compensation, Commercial Specialty, and Personal Lines of insurance. To learn more about Appalachian Underwriters, Inc., please visit www.appund.com.
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