Insurance fraud costs insurers and their customers at least 10% of premium dollars each year, and some authorities estimate payments may be as high as 20%. No company is immune to this drain of their financial resources. Several large insurers have started multi-million dollar lawsuits against organized criminal enterprises to both re-capture some of those losses and to convince the fraud artists to take their business elsewhere or to stop defrauding insurers.

There is no evidence the criminals will stop. There is evidence they will leave the tough insurers alone. The companies who pay claims without recognizing the frauds will have no choice but to pass on the cost of the frauds by increasing premiums.

Training is your friend. MITS insurance Fraud Training will show you how insurance fraud costs insurers and their customers at least 10% of premium dollars each year, and why some authorities estimate payments may be as high as 20%. Research shows fraudulent claims increase in times of economic turmoil. If your company has no fraud training, then you are vulnerable to the criminal actions of the fraud artists who prey on untrained adjusters and claim representatives.  No company is immune to this drain of their financial resources. Prosecution is minimal with police resources directed to crimes against people. Your training is your first line of defense. There is no evidence the criminals will stop. There is evidence they will leave the tough insurers alone.

The staff at MITS has been training insurance companies for over 35 years and “wrote the book” on auto insurance fraud and vehicle fire investigations. 

MITS courses of instruction for insurance companies includes:

  • Fire and Arson Investigation in Structures.
  • Fire and Arson Investigation in Vehicles.
  • Insurance Fraud Identification and Investigation.
  • Formation and Function of Special Investigation Units.
  • How to Assess your SIU

Contact MITS today and arrange a training schedule and curriculum for your company.
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