HDI-Gerling America Insurance Company Selects Frasco, Inc. for National Provider of SIU and Investigative Services

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Sep 29, 2011, 01:11 ET

CHICAGO, Sept. 29, 2011 /PRNewswire/ -- HDI-Gerling America Insurance Company, a national provider of Fire, Marine, and Casualty Insurance services, announced it has chosen Frasco® Investigative Services, one of the largest insurance investigation corporations in the United States, as their national SIU and provider of investigative services.

As the sole provider of HDI-Gerling America Insurance Company's SIU Services, Frasco will ensure compliance with all SIU anti-fraud regulatory requirements, including DOI and District Attorney referrals for potential prosecution, filing of SIU annual and suspected fraud claim reports, ongoing claim file fraud indicator reviews, and SIU anti-fraud training.

"We are pleased to provide investigation and SIU Services to HDI-Gerling America," said John Simmers, President and CEO of Frasco, Inc. "We have extensive hands-on experience implementing and operating our Special Investigations Unit with unparalleled success and we are well equipped to support HDI-Gerling America's fraud detection, regulatory, and monitoring needs. Our partnership will provide program management to HDI-Gerling America with a full range of client services, training and SIU assistance."

About HDI-Gerling America

HDI-Gerling America Insurance Company is a commercial property and casualty insurer licensed in all 50 states, Washington D.C. and Puerto Rico. HDI-Gerling America is a 100% owned subsidiary of the German insurance group, HDI-Gerling, a part of the Talanx Group, which is based in Hannover and is the third-largest German insurance group according to premium income. HDI-Gerling has a global presence in 28 locations, with a well-established presence in Western Europe, and in the growth markets of Central and Eastern Europe and Latin America. Visit www.hdi-gaic.com for further information.

About FRASCO, Inc.

Frasco, Inc., headquartered in Los Angeles, California, is one of the largest insurance investigation corporations in the United States. With a long standing reputation for excellence, Frasco is a recognized leader in the national investigation vendor management industry due to its best-in-class investigative expertise, state-of-the-art technology, and operational efficiencies. Founded in 1964, Frasco has over four decades of experience in corporate, insurance, fraud, and employment related investigations, including pre-employment screening and drug testing. Frasco operates nationally with numerous strategically placed offices throughout the United States. For more information, visit www.frasco.com or contact Jeff Davis at [email protected], (877) 372-7261.

PRESS CONTACT:
Ms. Fay Smith
Frasco, Inc.
Phone: (877) 372-7261
Fax: (877) 734-6478
Email: [email protected]
Website: www.frasco.com

SOURCE Frasco, Inc.