Six out of 10 insurers have signed up to fraud database

stamping-out-fraud

Industry take up of the IFR has exceeded expectation as now 62% of the general insurance market has signed up. The number of fraudsters’ records being uploaded to the IRF database is now approaching the 15,000 mark. The increased sign up of the industry comes after the Insurance Fraud Taskforce recommended that insurers use the register as a tool to help identify fraud at any stage in the policy lifecycle. “The IFR is a key component within the industry’s counter-fraud strategy which focus