INSURANCE MARKET
A Leader in the Insurance Fraud Investigation Community since 1994.
Blue Eagle Investigations, Inc. has been an established brand in the insurance market for over 25 years, and our national reputation for quality and professional investigations has earned us spots on 30+ national vendor panels.
The Insurance Fraud Market is one of the more lucrative sectors of the private investigations industry.
Since Blue Eagle was founded in 1994, this market has changed dramatically in the way that private investigation services are utilized. Today, however, individual Private Investigators and small PI companies simply cannot compete for the following reasons:
Insurance carriers are creating vendor panels that only use national or large regional PI companies, leaving individual and small PI firms out of the market.
Allstate went from 800+ PI vendors to just 4 in 2017
Liberty Mutual went from 1,200+ PI vendors to less than 10 in 2014
This trend also effects attorneys as carriers move to large firms,
prohibiting individual attorneys or smaller firms from hiring individual and small PI companies.
One of the only ways for PIs or local PI companies to work in this market is to work as subcontractors (at drastically reduced rates) for the larger firms on the vendor panels – and this work is shrinking, too.