20/12/2001
Datapol aims to help beat growing employee fraud
Datapol, a leading reference and screening business for employers, has recently expanded its work that aims to help stamp out growing employee fraud.
Colin Carslake, who has 21 years experience in the insurance industry, will be developing relationships with insurance companies and brokers to help them address the issue of screening employees for Fidelity insurance purposes and also to help them with their own screening process for recruitment.
Mr Carslake said: “My work with insurance companies will be two fold; firstly on screening of employees to help manage the instances of fraud internally. Secondly working with brokers and insurance companies to help their clients manage employee fraud. My experience within the industry means that I am ideally placed to advise and assist on what we see as an underdeveloped market.”
It is estimated that last year employee fraud cost UK employers hundreds of millions of pounds and yet only a third of companies feel that they are doing enough to combat the problem. One of the key reasons for the growth in this problem is inadequate screening during the recruitment process, with Datapol claiming that up to 75 per cent of companies do not complete reference checks on staff. Datapol believe that brokers and insurance companies are missing out on a huge chunk of income because they are failing to offer companies adequate advice on dealing with and insuring against employee fraud.
Datapol, launched in 1996, has three areas of business, home collection service, referencing and screening service and specialist recruitment service.
The company has enjoyed a turnover at the end of this year expected to reach £10 million, up from £1 million at the end of last year. (SP)
Colin Carslake, who has 21 years experience in the insurance industry, will be developing relationships with insurance companies and brokers to help them address the issue of screening employees for Fidelity insurance purposes and also to help them with their own screening process for recruitment.
Mr Carslake said: “My work with insurance companies will be two fold; firstly on screening of employees to help manage the instances of fraud internally. Secondly working with brokers and insurance companies to help their clients manage employee fraud. My experience within the industry means that I am ideally placed to advise and assist on what we see as an underdeveloped market.”
It is estimated that last year employee fraud cost UK employers hundreds of millions of pounds and yet only a third of companies feel that they are doing enough to combat the problem. One of the key reasons for the growth in this problem is inadequate screening during the recruitment process, with Datapol claiming that up to 75 per cent of companies do not complete reference checks on staff. Datapol believe that brokers and insurance companies are missing out on a huge chunk of income because they are failing to offer companies adequate advice on dealing with and insuring against employee fraud.
Datapol, launched in 1996, has three areas of business, home collection service, referencing and screening service and specialist recruitment service.
The company has enjoyed a turnover at the end of this year expected to reach £10 million, up from £1 million at the end of last year. (SP)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
15 October 2024
From Mentee To Mentor: Simon Mills' Journey With Enterprise NI
Having worked at the forefront of the industry for several decades, creating a business centred on music creation was a natural progression for County Antrim's Simon Mills.
From Mentee To Mentor: Simon Mills' Journey With Enterprise NI
Having worked at the forefront of the industry for several decades, creating a business centred on music creation was a natural progression for County Antrim's Simon Mills.
31 January 2005
Rising fraud spirits away millions from UK businesses
The total number of fraud cases in the UK rose by 14% in 2004, according to latest figures from KPMG’s 'Fraud Barometer', but the overall value of frauds being committed fell by 12%.
Rising fraud spirits away millions from UK businesses
The total number of fraud cases in the UK rose by 14% in 2004, according to latest figures from KPMG’s 'Fraud Barometer', but the overall value of frauds being committed fell by 12%.
12 February 2002
Construction industry warned of employee fraud
Companies in the construction sector have been warned to pay greater attention to the credentials of their employees as research reveals the industry suffers a significantly high risk of staff fraud.
Construction industry warned of employee fraud
Companies in the construction sector have been warned to pay greater attention to the credentials of their employees as research reveals the industry suffers a significantly high risk of staff fraud.
25 June 2003
Serious Fraud Office investigates major insurance scam
The Serious Fraud Office (SFO) in conjunction with the PSNI have revealed that around 1,000 local businesses have been affected by a multi-million pund insurance scam. The investigation centres on a number of insurance brokers based in England and one operating in Northern Ireland.
Serious Fraud Office investigates major insurance scam
The Serious Fraud Office (SFO) in conjunction with the PSNI have revealed that around 1,000 local businesses have been affected by a multi-million pund insurance scam. The investigation centres on a number of insurance brokers based in England and one operating in Northern Ireland.
05 August 2014
NI Firms Urged To Enter Best Managed Companies Awards Programme
Deloitte is urging all top Northern Irish businesses to submit entries for the 2014/2015 Best Managed Companies Awards Programme which will close for applications this Friday, 8th August.
NI Firms Urged To Enter Best Managed Companies Awards Programme
Deloitte is urging all top Northern Irish businesses to submit entries for the 2014/2015 Best Managed Companies Awards Programme which will close for applications this Friday, 8th August.