Insurance Fraud Investigations

By: Paragon  06-Dec-2011

 Insurance fraud has been with the insurance industry since it began. It is seen as a "victimless" crime where nobody personally suffers a loss, but huge wealthy insurance conglomerates make extra payouts from their wealth funds. An Insurance Council fraud survey in 2005, found 13% of respondents said that insurance companies can easily afford to pay.

The reality is that insurance fraud has to be paid for by honest policyholders. Insurance fraud is a crime and a cost to our community and every policy holder.

Most insurance fraud occurs at claim time, through claims for:

  • events/losses that didn't happen
  • staged losses - for example arson, vehicle theft
  • exaggerated claims

In addition, a large number of fraudulent claims occur for non-disclosure of information that insurers require, in order to match the correct premium to the risk -  Insurance Council of New Zealand.

Paragon has a Nationwide coverage of Insurance Fraud Investigators.

Other products and services from Paragon


Private Investigator Services - Paragon NZ

Personal clients who instruct us on their own behalf to investigate any number of issues from missing persons to blackmail Commercial clients who instruct us on behalf of other people, entities, corporations, businesses or institutions to investigate issues generally of a fraudulent nature but also a wide range of other issues.


Theft Investigations

Our dedicated thief catching investigators, lead by a former Detective Sergeant, have an excellent understanding of the crime risk landscape in New Zealand; from what motivates these offenders, to the huge variety of their modus operandi. We just took a call from an anonymous informant who says we have a major theft ring happening at our business right under our nose.


Corporate Security and Crowd Controllers

Our Managing Director has been responsible for the security of large Corporate events and several High Profile events attended by Government Ministers. We offer professional advice and security planning for Corporate events, through to specialist Guards and VIP Protection. We currently provide Crowd Control duties for licensed premises with excellent testimonials. Corporate Venue Security and Crowd Controllers.


Hidden Cameras

It is for these reasons that we are able to impartially advise you on whether your existing cameras are effective or provide you with information as to what best to do as far as video installation is concerned. We are INDEPENDENT SECURITY CONSULTANTS with the impartiality to advise you on what to do as far as security cameras are concerned both covert and overt.