NovaPro Risk Solutions Partners With Frasco, Inc. for Special Investigative Unit (SIU)

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Oct 12, 2010, 09:08 ET

SAN DIEGO, Oct. 12 /PRNewswire/ -- NovaPro Risk Solutions, a leading national provider of Third Party Claims Administration and Field Services, announced its partnership with Frasco® Investigative Services as their national SIU Provider.

As the nationwide NovaPro SIU, 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.

"Our partnership with Frasco will provide our clients with the proper solution to potential fraud and abuse within a particular claim, as well as to ensure compliance as mandated and regulated by various State Department of Insurance offices," said Russ Whitmarsh, Chief Operating Officer of NovaPro Risk Solutions.

"We are pleased to align ourselves with a leading TPA such as NovaPro," said John Simmers, President and CEO of Frasco, Inc. "We have extensive experience implementing and operating our Special Investigations Unit with unparalleled success. Given our extensive hands-on experience, we are well equipped to support NovaPro's fraud detection, regulatory, and monitoring needs on behalf of NovaPro's clients."

About NovaPro Risk Solutions

NovaPro Risk Solutions is a full service Third Party Administrator with National offices providing claims handling for Workers' Compensation, General Liability, Construction Defect and Field Claim Services. With origins dating back to 1928, NovaPro is a leading provider of risk management and technology solutions to the Insurance and Alternative Risk markets. NovaPro offers fully integrated solutions to Self Insureds, Primary Carriers, Reinsurers, MGA's and the London market. NovaPro's flexible cost-effective programs are designed to work in concert with each client's philosophies and underwriting goals. Visit www.novaprorisk.com for further information; or contact Christine M. Gray at [email protected], (714) 544-0980.

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.

SOURCE Frasco, Inc.