With insurance fraud reportedly totaling an average of $80 billion a year, North Carolina-based MJM Investigations Inc. and Ward North America have inked an agreement that emphasizes the commitment of both companies to help reduce the rising cost of insurance caused by insurance fraud.
MJM Investigations has been designated as the Special Investigation Unit for all investigative matters pertaining to Ward North America claims throughout the United States.
“Since the cost and prevalence of fraud is continuing to rise at an alarming rate, Ward North America is working to proactively curb fraud with a partnership that will focus on validating information, detecting suspect claims and management results,” said Jeffrey Ward, chairman and CEO of Ward N.A. “We selected MJM for their advanced business practices and technology, as well as their quality investigations.”
MJM’s SIU program offers value-added benefits to Ward N.A. including personalized products and services, expert consulting and state-of-the-art technology. As Ward’s Special Investigations Unit, MJM will manage the investigation vendor panel, conduct investigations, provide training and education, and offer their expertise as consultants.
MJM Investigations has also designed and hosts a customized Ward SIU Web site which will provide adjusters handling Ward North America’s claims access to CaseTrak. CaseTrak is MJM’s technology solution that allows clients to monitor their cases from their computer desktops, with real-time access via a secure Web site.
“MJM’s proven experience in developing successful Special Investigation Units will undoubtedly deliver measurable solutions that will impact Ward’s overall company performance,” added Michael Malone, chairman and CEO of MJM Investigations. “MJM is a growing company that is expanding internationally and making a powerful statement with our commitment to fighting fraud.”
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