SIU / Claims

What's the difference between Spade Industries and the typical surveillance vendor company?

Easy. Intelligence and attention to detail.

We do not employ ordinary investigators to conduct ordinary investigations.

Our team consists of experienced Targeters who specialize in tracking and documenting the activities and daily actions of suspected fraudulent claimants.

2024 Fraud Statistics

Approximately 20% of insurance claims are fraudulent.
Insurance fraud costs each consumer an average of $900 annually.
Fraud accounts for an estimated $308.6 billion in losses each year in the U.S.
Workers' compensation fraud alone is responsible for an estimated $34 billion in annual losses.

***Statistics provided by Forbes

Fraud Intervention

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At Spade Industries, we specialize in advanced surveillance services tailored to combat workers' compensation, auto claims, FMLA, and any other insurance related fraud. Our skilled investigators use cutting-edge technology and intelligence-driven strategies to monitor claimants' activities, uncovering inconsistencies and fraudulent behavior. Through detailed analysis of data and trends, we strategically focus our efforts where they have the most impact, ensuring a thorough and effective investigation.

We collaborate closely with employers and insurance providers to deliver clear, actionable reports that bolster your efforts to protect your business and maintain a fair, compliant workplace. With Spade Industries, you can trust that your organization is safeguarded against fraudulent claims.