GlobalOptions Group Inc, an integrated provider of risk mitigation and management services, has informed that its Fraud & SIU Services unit has signed a three-year contract with Benchmark Insurance Company to serve as a preferred provider of investigative services for the Company.

Under the arrangement, GlobalOptions will provide SIU and surveillance services to assist in exposing potential insurance fraud.

GlobalOptions quoted in an official release, that the company will use its enhanced GlobalTrak(TM) proprietary enterprise risk mitigation and management solution as part of the service offering to Benchmark.

The release further added that, the company offers a full suite of risk management tools, including evidence processing and management and audio and video surveillance file management.

In addition, it also provides client companies with contacts and status reports in real time, allowing more efficient internal management of assignments, evidence, and reporting.

Nasdaq-listed GlobalOptions, provides services to government entities, FORTUNE 1000 corporations and high net-worth and high-profile individuals throughout the world. The company has offices in 16 cities.

The equity shares of the company closed on Wednesday at $1.62. The scrip had made 52-week high and low of $2.99 and $1.22 respectively.