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SSP tackles £2.8bn application stage fraud with software launch

A desktop monitor with 'Beware Fraud' on the screen

Software provider SSP has launched a counter fraud solution within a pricing and data platform in a bid to enable insurance companies to clamp down on rising motor fraud at the policy application stage.

According to calculations by SSP, motor insurance fraud in the broker channel costs the industry a potential £1.42bn in lost premiums due to customers deliberately manipulating their risk data when

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