We chose G4S because of their strong commitment to regulatory compliance, investigations excellence and their analytical expertise," said Patrick McGlone, Senior Vice President, General Counsel and Chief Compliance Officer for Ullico Inc.
Raleigh, NC (PRWEB) April 16, 2012
Ullico Inc. (Ullico), a $5.6 billion insurance and financial services holding company whose subsidiary companies include The Union Labor Life Insurance Company; Ullico Investment Advisors Inc.; Ullico Investment Company, Inc.; Ullico Casualty Company; and Ullico Casualty Group Inc., has entered into a strategic, multi-year partnership with G4S Compliance & Investigations (G4S) as their Special Investigation Unit (SIU) partner.
G4S will provide Ullico with a customized, full-service approach to SIU services including; Surveillance, Claim Investigations, Anti-Fraud Training and Regulatory Compliance. Ullico’s SIU Program solutions will leverage investigative expertise and formalized operating procedures throughout the investigation lifecycle. As part of the agreement, Ullico will have access to G4S’ robust technology suite which includes: G4S® CaseTrak™, ezReferral, Digital Dashboard and Outcome Reporting, which will allow Ullico to manage every investigation from a centralized platform.
G4S will integrate all services within Ullico’s existing corporate framework to streamline investigation efforts and yield a measurable return on investment. By combining infrastructures and services, G4S will improve Ullico’s fraud-mitigation program to provide higher degrees of outcomes and performance measurements.
“We chose G4S because of their strong commitment to regulatory compliance, investigations excellence and their analytical expertise," said Patrick McGlone, Senior Vice President, General Counsel and Chief Compliance Officer for Ullico Inc. "The implementation of G4S’ technology and resources will enhance our claims investigation process by providing faster resolution."
“At G4S we have experience implementing and operating SIU Programs with unparalleled success. Given our extensive hands-on experience and knowledge, we are uniquely equipped to support Ullico’s diverse needs and we are very excited about our new partnership opportunity,” stated Michael J. Malone, President, G4S Compliance & Investigations.
For Ullico details contact:
For G4S details contact:
Director of Marketing and Communications
G4S Compliance & Investigations
800.927.0456 ext. 2217
About Ullico Inc.
Ullico Inc. is a $5.6 billion insurance and financial services holding company whose subsidiary companies include The Union Labor Life Insurance Company; Ullico Investment Advisors Inc.; Ullico Investment Company; Ullico Casualty Company; and Ullico Casualty Group Inc. For additional information, visit http://www.ullico.com.
About G4S Compliance & Investigations
G4S Compliance & Investigations is a global provider of enterprise investigation management solutions. Our value added solutions include: Insurance, Commercial and Government Risk Solutions. G4S offers a unique combination of best-in-class investigation experts, compliance and technology to provide users with customized investigation solutions uniquely tailored to meet their needs. For more information visit: http://www.g4s.us/investigations.
About G4S plc
G4S is the world's leading security solutions group, which specializes in outsourcing of business processes in sectors where security and safety risks are considered a strategic threat.
G4S is the largest employer quoted on the London Stock Exchange and has an additional stock exchange listing in Copenhagen. G4S has operations in more than 125 countries and more than 635,000 employees. For more information on G4S, visit http://www.g4s.com