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Insurers face rising application fraud

stamping-out-fraud

The industry saw 1300 insurance scams every day last year, at an average cost of £12,000 each, according to numbers released by the Association of British Insurers.

The ABI also found that the average value of insurance fraud have increased by 6% on last year’s figures.

The total number of fraudulent claims and applications detected in 2018 increased by 3% on

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