New Background Screening Resources To Manage Hiring Risk

The Gibraltar Group, a full-service insurance firm that implements active risk management measures to deliver superior client value, and Kroll, the world’s leading risk consulting company, today announced that Kroll will be the exclusive provider of comprehensive background screening services to The Gibraltar Group’s customers.

As part of this relationship, The Gibraltar Group’s customers will receive direct access to Kroll’s wide range of services, which are designed to help protect assets, decrease claims and lower loss ratios for commercial insurance providers and their customers. According to Brandt Beal, president of The Gibraltar Group, Kroll’s offerings can deliver additional value to the firm’s customers, especially its broad range of background screening capabilities.

“For our customers, there is a potential risk walking in the door with every new hire, and it’s important to effectively manage the many risks associated with staffing,” said Beal. “Kroll’s background screening, substance abuse testing and Form I-9 verification services can help protect our customers’ business assets and improve the safety of their workplace environments.”

Kroll's 2007 Hit Ratio Report and Industry Analysis revealed that in addition to large corporations, smaller companies are increasingly recognizing that hiring risks exist regardless of their size. The study, located at http://www.kroll.com/about/library/hit_ratio/, also indicated that small and large businesses are starting to see potential hiring risks at every level of an organization and are implementing background screening on all employees, as well as temporary employees, vendors and consultants.

“The trend of increasing criminal record hit ratios combined with heightened concerns about data security and identity theft make conducting thorough background checks more important than ever,” said Mike Rosen, president of the Background Screening Division of Kroll. “We’re happy to offer our services and expertise to help Gibraltar Group insureds manage these risks.”

The Gibraltar Group’s customers will have access to all services of the Background Screening Division of Kroll, including its substance abuse testing and related offerings. To reduce the risk of on-the-job accidents and heightened threats to the health and safety of employees, Kroll offers urine screening with a point-of-collection testing option that provides immediate preliminary results, as well as a secure reporting Web site that helps customers more effectively and efficiently organize testing program data.

“Working closely with our customers, I’ve recognized that Kroll’s advanced drug testing capabilities can help significantly reduce their loss experiences,” said Beal. “We chose Kroll as our background screening provider because of its reputation as a leader in the industry and because of its opportunity to provide our customers the services they need through a single company. This agreement reinforces our pursuit of strategic relationships that offer the critical components to active risk management.”

About Kroll

The Background Screening division of Kroll serves organizations worldwide with comprehensive screening solutions that help them make empowered decisions and mitigate risks through industry-leading expertise and cutting-edge technology. The information that Kroll provides helps its clients make informed choices in critical areas such as employment, vendor selection, investment placement, and institutional admissions. For more information, visit http://kroll.com/services/screening/.

Kroll, the world’s leading risk consulting company, provides a broad range of investigative, intelligence, financial, security and technology services to help clients reduce risks, solve problems and capitalize on opportunities. Headquartered in New York with offices in more than 65 cities in over 33 countries, Kroll has a multidisciplinary corps of more than 3,800 employees and serves a global clientele of law firms, financial institutions, corporations, non-profit institutions, government agencies, and individuals. It is a subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC), the global professional services firm.

CONTACT:

Emilie Moghadam for Kroll
Fleishman-Hillard Inc.
(202) 857-2212
emilie.moghadam@fleishman.com

About The Gibraltar Group

With offices in Lubbock and Dallas, Texas, The Gibraltar Group is a risk management firm advising companies in the energy/oil field services, transportation and manufacturing industries on all areas of financial, strategic and operational risk. For more information, visit www.GibraltarRisk.com.

Company Overview

Contact

Jacqueline Lajoie
806-686-3136
jlajoie@gibraltarrisk.com