Employees around the globe can access 1 million documents on 1,000 websites. Scam artists of the world, beware. Founded in 1994 by a group of insurance companies, including Mutual of Omaha, Fraud Defense started as an online bulletin board. The website, launched in 1997, now has a total membership of 500 companies in 20 countries that provide most of the funding and direction. Private investigators hired by the insurance companies communicate with one another and track potential leads for their cases via the site.
New scams come out all the time.
News stories exposing a host of perpetrators, from doctors charged with insurance fraud to parents who use their children to help fake car crashes, keep companies and investigators informed. The website has also pushed many insurance companies to update their IT systems. We've been one of the driving forces pushing insurance companies to get connected.