RALEIGH, N.C., July 7, 2011 (GLOBE NEWSWIRE) -- G4S Compliance & Investigations (G4S) has entered into a strategic, multi-year contract with Alternative Service Concepts, LLC (ASC) to serve as ASC's full-service, comprehensive SIU (Special Investigations Unit) partner. ASC is one of the industry's leading third party administrators for workers' compensation and liability claims management. This unique relationship exemplifies how two nationally recognized companies can combine their talents, resources and expertise to provide greater efficiencies and cost effective services within the Insurance industry.
In its service commitment to ASC, G4S will deliver and implement a fully customized and integrated SIU operational solution combined with industry-leading technology to provide ASC with unparalleled investigative capabilities. Central to these enhanced capabilities is the dedication of G4S highly trained, fully licensed, professional investigators to perform SIU investigative functions for ASC. These SIU Specialists represent a cross-section of the investigations profession, including: prior military, federal/state/local law enforcement, and those with governmental regulatory agency experience and extensive work histories in the insurance SIU sector. In addition to frontline case investigation, G4S SIU Specialists will conduct annual fraud awareness training for ASC employees and allow ASC to broaden its claims communication nationally.
"We chose G4S because of their strong commitment to regulatory compliance, investigations excellence analytical expertise and their ability to capture ROI," said Mr. Robert Bennett, CEO of ASC. "The implementation of G4S' technology and resources will enhance our customers' claims experience by providing faster claims processing and resolution."
"At G4S we have experience implementing and operating SIU Programs with tremendous success. Given our extensive hands-on experience and knowledge, we are uniquely equipped to support ASC's diverse needs and we are very excited about our new partnership opportunity," stated Michael J. Malone, President, G4S Compliance & Investigations.
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: www.g4s.us/investigations.
The G4S Compliance & Investigations logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=1500
About G4S
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 a secondary stock exchange listing in Copenhagen. G4S has operations in more than 120 countries and over 625,000 employees.
For more information on G4S, visit http://click.icptrack.com/icp/relay.php?r=94531453&msgid=572390&act=HQOT&c=491749&destination=http%3A%2F%2Fwww.g4s.com%2F">www.g4s.com.
About ASC
Headquartered in Nashville, Tennessee, Alternative Service Concepts, LLC (ASC) is an integrity-based, quality-driven third party administrator. With offices located strategically throughout the United States, ASC offers workers' compensation and property/casualty claims management services to a wide range of organizations. ASC offers a unique business model for delivering claims services, resulting in an unprecedented client retention rate and growing volume of business. For more information, visit the ASC website at www.ascrisk.com