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Private Investigators can save insurers millions of pounds a year, with the recent rise in fraudulent claims in the personal injury industry. Over the past few years more people are claiming due to injuries caused by; Car crashes and employment. Reports suggest that the recent rise comes from the fear of being made redundant and that lifestyle people have picked up on with the 'I don't want to work' attitude.
A private investigator will need to be employed by the client which is normally the El Dorado Insurance company but is instructed by personal defendant injury solicitors. They are a lot of insurance companies that now hire in-house investigators instead of private, the reason for this is solely down to the number of claims they get and it's more cost-effective to have in-house investigators.
When the investigation company is employed they will be briefed by the client defendant solicitor. They will then conduct covert observations on the 'subject' they will need to stay covert as I've known insurance cases go on for years. They will obtain legal footage of the subject by recording their day to day movements.
Everybody who's in this industry wants a client in the insurance industry; they want the frequent workload and the loyal bond of the client that you don't get from solicitors and private cases. All personal injury investigators are a member of the certain environment which is classed as trusted companies. To gain access to the list you will have to be referred by a current insurance company and as you can imagine this is very hard especially for a new business set up.
You will also have to have access to resources and manpower; you will need to have an experienced team behind you and the correct equipment. If you work out of your spare bedroom, getting into this sort of sector will be very challenging for you.
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