NATG is committed to providing quality insurance fraud training to all Integral Anti-Fraud personnel as required under the Colorado Insurance Fraud Regulations 10-1-127.
It's convenient. NATG offers every course you need for compliance. You choose the method of delivery: on-line through our secure web site or in-person at your facility. We take care of the rest - from administration, to record keeping, to providing certificates of completion and administrative access to account holders or SIU.
Online students have the additional convenience of taking courses whenever they want. Our program allows users to start and stop without losing their place or data. Administrators can see at the click of a mouse which personnel have completed the required courses. Compliance has never been so easy!
ANTIFRAUD INITIATIVE REQUIREMENTS
(6) (a) ON AND AFTER JANUARY 1, 1997, EVERY LICENSED INSURANCE COMPANY DOING BUSINESS IN COLORADO SHALL PREPARE, IMPLEMENT, AND MAINTAIN AN INSURANCE ANTI-FRAUD PLAN; EXCEPT THAT THIS SUBSECTION (6) SHALL NOT APPLY TO ENTITIES WHOSE PRINCIPAL BUSINESS IS THE ASSUMPTION OF REINSURANCE, REINSURANCE AGREEMENTS, OR REINSURANCE CLAIMS TRANSACTIONS. INSURANCE COMPANIES APPROVED BY THE COMMISSIONER UNDER ARTICLE 5 OF THIS TITLE, MAY BE REQUIRED, AS A CONDITION OF SUCH APPROVAL, TO MAINTAIN AN INSURANCE ANTI-FRAUD PLAN. EACH ANTI-FRAUD PLAN SHALL OUTLINE SPECIFIC PROCEDURES, APPROPRIATE TO THE TYPE OF INSURANCE PROVIDED BY THE INSURANCE COMPANY IN COLORADO, TO:
(I) PREVENT, DETECT, AND INVESTIGATE ALL FORMS OF INSURANCE FRAUD, INCLUDING FRAUD BY THE INSURANCE COMPANY'S EMPLOYEES AND AGENTS, FRAUD RESULTING FROM FALSE REPRESENTATIONS OR OMISSIONS OF MATERIAL FACT IN THE APPLICATION FOR INSURANCE, RENEWAL DOCUMENTS, OR RATING OF INSURANCE POLICIES, CLAIMS FRAUD, AND SECURITY OF THE INSURANCE COMPANY'S DATA PROCESSING SYSTEMS;
(II) EDUCATE APPROPRIATE EMPLOYEES ABOUT FRAUD DETECTION AND THE COMPANY'S ANTI-FRAUD PLAN;
The information provided on the website should be used as a guide in complying with state laws and regulations and should not serve as an alternative to legal counsel.
