Two people shaking hands

Allied Universal Acquires Investigative Risk Management to Expand Reach

Security giant brings advanced fraud detection and cross-border capabilities to the Canadian insurance claims market.

Security and facility services company Allied Universal announced the acquisition of Investigative Risk Management, a workplace and insurance claims investigation firm based in Ontario, Canada.

The acquisition integrates IRM into Allied Universal Compliance and Investigations, the company's global insurance claims services division. Financial terms of the deal were not disclosed.

The merger establishes a dedicated Canadian investigative workforce, allowing the compliance and investigations unit to provide fraud detection, insurance claims investigations and risk assessments across the country. The move also enhances Allied Universal's capacity to manage cross-border investigations across North America.

As part of the integration, Allied Universal plans to launch its proprietary fraud-detection analytics and risk assessment tools, including Third Eye and PartnerLink, in Canada. The technology aims to help clients identify fraud risk earlier in the claims process.

Company officials said the combination of Allied Universal's software with IRM's existing operations in digital forensics, intelligence-led surveillance and cybersecurity will create an integrated platform designed to speed up claim resolutions.

Following the acquisition, IRM will continue to provide its standard investigative services while incorporating Allied Universal's technology.

About the Author

Jesse Jacobs is assistant editor of SecurityToday.com.

Featured

New Products

  • Compact IP Video Intercom

    Viking’s X-205 Series of intercoms provide HD IP video and two-way voice communication - all wrapped up in an attractive compact chassis.

  • Luma x20

    Luma x20

    Snap One has announced its popular Luma x20 family of surveillance products now offers even greater security and privacy for home and business owners across the globe by giving them full control over integrators’ system access to view live and recorded video. According to Snap One Product Manager Derek Webb, the new “customer handoff” feature provides enhanced user control after initial installation, allowing the owners to have total privacy while also making it easy to reinstate integrator access when maintenance or assistance is required. This new feature is now available to all Luma x20 users globally. “The Luma x20 family of surveillance solutions provides excellent image and audio capture, and with the new customer handoff feature, it now offers absolute privacy for camera feeds and recordings,” Webb said. “With notifications and integrator access controlled through the powerful OvrC remote system management platform, it’s easy for integrators to give their clients full control of their footage and then to get temporary access from the client for any troubleshooting needs.”

  • Camden CM-221 Series Switches

    Camden CM-221 Series Switches

    Camden Door Controls is pleased to announce that, in response to soaring customer demand, it has expanded its range of ValueWave™ no-touch switches to include a narrow (slimline) version with manual override. This override button is designed to provide additional assurance that the request to exit switch will open a door, even if the no-touch sensor fails to operate. This new slimline switch also features a heavy gauge stainless steel faceplate, a red/green illuminated light ring, and is IP65 rated, making it ideal for indoor or outdoor use as part of an automatic door or access control system. ValueWave™ no-touch switches are designed for easy installation and trouble-free service in high traffic applications. In addition to this narrow version, the CM-221 & CM-222 Series switches are available in a range of other models with single and double gang heavy-gauge stainless steel faceplates and include illuminated light rings.