Insurance Management Consulting:
Special Investigation Units (SIU):
- Assess structure and effectiveness of existing unit
- Assess viability of developing and implementing a new unit or contract services
- Review and make recommendations regarding existing policies, procedures, fraud fighting technology and data mining software
- Review and recommendations for the expert selection and vendor management processes.
Often times it is daunting to try to sort through all the many facets of an SIU. There are compliance issues; benchmarking for evaluation of overall effectiveness; constantly changing technology for data mining and reporting; attracting the right personnel; and the list goes on.
Other issues include the decision to maintain an in-house unit or to outsource the operation; are the
policies and procedures up to date?; how does the existing unit "stack up" with others in the industry?; are the right vendors and experts being used?'; etc.
We understand these issues. We will help you identify what areas are working well, what may need bolstered, and what may be out there that you aren't even aware of that can enhance your operational effectiveness. Sometimes a fresh, objective look at the operation is all you need. We understand it is your operation - we will work closely with your staff to insure that no one feels "under the gun" but rather an integral part of the process of simply making the operation as effective as possible.