NewswireToday - /newswire/ -
Kingston, MA, United States, 2008/03/04 - L&W Investigations, a private investigations firm specializing in insurance fraud, recently awarded its Colorado territory to Richard Benzo. Based in Boulder, the new Colorado office joins a network of 35 private investigations offices across the U.S.
L&W Investigations works with a variety of organizations-- insurance companies, third-party administrators, self-insured companies, law firms and municipalities—on fraudulent workers compensation, disability, liability, auto and property claims. Among L&W’s offerings are: surveillance; statements; activity/disability checks; asset/background investigations; and medical audits/clinic inspections.
“The costs associated with insurance fraud are about $120 billion per year according to the Coalition Against Insurance Fraud. That’s more than an epidemic, that’s a plague and it requires a more sophisticated, regional and national approach like what L&W can offer with our network of offices,” said Neal Lyons, CEO and chairman of L&W Investigations. “That’s why we’re thrilled to have somebody of Richard’s caliber aboard as our franchise owner in Colorado. Not only does it give us coverage in a critical market like Colorado but reinforces our entire network.”
L&W’s approach not only appeals to their clients, but to potential owners like Benzo, a high-tech manufacturing executive for the past 27 years for Seagate Technology and IBM. L&W actively pursues owners with executive and management experience who have the business savvy and people skills needed to run a business and manage a team of investigators.
“After all my years in the corporate world, I knew I wanted to run a business of my own but wasn’t sure exactly what type of business. I spent about a year investigating various business opportunities. L&W Investigations met the list of criteria of what I was looking for in a business. After speaking to Neal Lyons I was convinced that this was the right opportunity for me at this time with respect to the industry,” said Benzo.
L&W typically employs three to eight investigators at each office. L&W employs seasoned investigators who specialize in investigating insurance fraud cases. All L&W investigators go through extensive training and have access to the most state-of-the-art surveillance equipment.
Not your everyday investigations firm
With 35 offices in 23 states, L&W Investigations, Inc. (lwinvestigations.com) specializes in fraudulent insurance claims. In addition to nationwide coverage, L&W investigators are highly trained specialists equipped with state-of-the-art surveillance technologies and other advanced systems to provide second-to-none results and service. That includes online case status reports, video delivery by digital download or CD, DVD or VHS tape, rush services at no extra charge and much more.
L&W Investigations are located across the U.S. and the Hawaiian Islands as well as in Canada and Puerto Rico. Franchise locations are still available and the company has set a manageable growth plan at 15 new units per year.
For additional information, visit the Website or contact L&W’s corporate headquarters located in Westborough, Massachusetts.