Fraud Risk Management Consultancy
Empowering organizations with expert guidance to establish FCU, FMU, or RCU units—strategically designed to maximize efficiency while staying within budget.
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About Us
At FRMC (Fraud Risk Management Consultancy), we specialize in safeguarding your organization from fraud risk. We empower you with a robust suite of services, including meticulous internal fraud investigations and resolving whistleblower cases with psychological expertise, and adept handling of major claim investigation, external fraud, including seamless liaison with law enforcement agencies.
For organizations embarking on establishing a dedicated anti-fraud function, we provide comprehensive guidance. From crafting effective policies and strategic recruitment to hands-on training, seamless execution, and precise regulatory reporting, we'll help you implement a solution that's perfectly tailored to your specific needs, industry, and budget. We firmly believe that effective fraud control is never a one-size-fits-all endeavor.
FRMC is led by Virendra Batra, a seasoned professional boasting over 35 years of extensive experience across the insurance, banking, and telecom sectors. His remarkable career highlights include 17 years as Head of the Fraud Control Unit at Future Generali, Reliance Life, and Reliance General Insurance Company Limited.
Our Services
Our Services
Comprehensive fraud risk management solutions tailored to your needs
Establishing a Fraud Control Unit (FCU)
In 2024, IRDAI guidelines mandated that every insurer must establish an independent Fraud Monitoring unit. We help you meet this requirement by building a robust Fraud Control Unit (FCU) that protects your organization from fraudulent activity. Our services include designing, implementing, and operating a custom FCU that is both effective and budget-friendly. We ensure maximum value while strengthening your defenses.
On-the-Job Training & Strategic Placement
Our goal is to strengthen your existing fraud control team by offering hands-on training that sharpens their investigative skills-making them smart, efficient, and cost-conscious. Additionally, we support HR departments in placing experienced professionals with proven domain expertise and high integrity.
Internal Fraud & Whistleblower Investigations
Confidentiality is crucial when handling sensitive internal cases. To protect both financial health and brand reputation, all such investigations are personally overseen by the founder, leveraging decades of experience in the corporate sector.
Major Claims Investigation
We specialize in complex claim investigations that require detailed audits, field verification, and forensic analysis. Our approach ensures an accurate assessment of losses and uncovers any potential frauds.
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Let's Connect
admin@frmc.in
batra@frmc.in
Phone
+91 7045456606
Office
C-5/3, Kendriya Vihar, Sector 11, Kharghar
Navi Mumbai 410210