Cologne Insurance Detectives

Cologne is one of Germany’s key centres for the insurance industry. Currently, there are 60 insurance companies operating in the city (as of July 2014). Consequently, experience in cases of insurance fraud and abuse is considerable. The detectives of Kurtz Investigations Cologne recommend themselves as insurance detectives for the investigation of fraudulent actions by policyholders: +49 221 4558 0377.

Insurance Fraud as a Popular Offence

Insurance fraudsters are usually opportunistic offenders who, due to the generally low amounts involved (more than 50 percent of all cases are under 100 euros), assume a sort of imaginary impunity for this crime. Damages may be fabricated, intentionally caused, or attributed to insured relatives or friends. False statements regarding the value of the insured item are also part of the daily work of insurance detectives.

Insurance fraud is tempting for many people for several reasons – sometimes even for those who would otherwise have nothing to do with criminal activity: in general, there is a certain scepticism towards insurance companies in Germany, which lowers the moral barrier to abusing them. Additionally, there is the widespread mistaken belief that insurance fraud is a minor offence that everyone commits sooner or later – why not take a slice of the pie oneself? After all, one has been paying in for years. Moreover, most offences against insurance companies go undetected, with the detection rate well below 10 percent, as deploying insurance detectives for smaller claims is often not economically viable.

Insurance Detectives Can Investigate

The use of insurance detectives is generally only economically sensible in the Cologne area when the potential claim involves at least four-figure sums. In such cases, private investigators working for insurance companies can achieve significant savings, for example by proving that a claimed disability or incapacity was faked in order to collect the corresponding insurance payout. This also applies if claims arising from alleged property damage, such as car accidents, do not withstand detailed scrutiny, because obvious contradictions and logical errors can be identified in the account of events.

In successful cases of proving insurance fraud, the commissioning insurance company not only avoids paying out the claimed sums to the pseudo-victim, but is also entitled to recover the detective fees from the policyholder. Let the detectives of Kurtz Investigations Cologne support you in your work: +49 221 4558 0377.