Insurance Fraud Bureau (IFB)
IFB's Cheatline received 500 reports per month in 2014
Honest consumers are taking a stand against insurance cheats by reporting known fraud cases to the Insurance Fraud Bureau’s confidential Cheatline, new data has shown.
Stepping up data sharing against fraudulent travel claims
As travel insurance fraud is becoming more frequent, the industry needs to step up monitoring and information-sharing, just like it has been doing to tackle motor and household fraudulent claims, says Mathew Crawford-Thomas.
Keighley pair jailed for £167,000 fraud scam
Two Keighley men who created insurance policies for people who did not exist and then submitted 300 false personal injury referrals worth £167,000 for made-up road accidents have both been jailed for four and a half years.
Dishonest motor insurance applications exceeded 4000 weekly in 2014
Insurers uncovered 212,000 attempted dishonest applications for motor insurance in 2014 - up 18% on 2013 and the equivalent to over 4000 every week, according to the Association of British Insurers.
Six-strong 'crash for cash' gang guilty of £5.6m fraud
A ‘crash-for-cash’ gang who attempted to con UK insurers out of £5.6m have been found guilty of conspiracy to defraud following a five-week trial at Isleworth Crown Court.
ABI finds 350 instances of insurance fraud per day
Figures from the Association of British Insurers have shown that insurance fraudsters commit 350 acts a day, totalling £3.6m in value.
Prolific fraudster jailed for 38 months for £33k Aviva con
A Birmingham conman who defrauded Aviva out of more than £33,000 and then went on the run to evade justice has been jailed for three years and five months.
CII unveils best practice to aid information sharing and tackle fraud
A data sharing initiative designed to speed up the process of exchanging claims information between insurers has been unveiled as part of the industry’s ongoing fight against fraud.
Industry bodies welcome sentencing of cash for crash scheme fraudsters
The Motor Insurers' Bureau and the Insurance Fraud Bureau have welcomed the sentencing of insurance fraudsters for staging elaborate ‘crash for cash' insurance scams totalling over £1m.
Blog: Should we look forward to the mandatory licensing of investigators?
New licensing regulations for third party private investigators aren't so much red tape as strategic defence, says CEGA'S head of special investigations, Simon Cook.
10 found guilty in £1m fraud scam
Ten people involved in a £1m crash-for-cash scam have today been found guilty of conspiracy to defraud at the Manchester Crown Court.
Motor Claims 2015 - speaker: Ben Fletcher
As director of the Insurance Fraud Bureau (IFB), Ben Fletcher leads the insurance industry's collective fight against organised fraud.
Commercial Lines Fraud: Commercial stumbling block
With the fight against fraud in personal lines being increasingly successful, fraudsters are beginning to target the financially viable commercial sector
IFB announces appointments to supervisory board
Zurich's UK chief underwriting officer Cecile Fresneau and RSA's head of claims control Mike Curley have been appointed to the Insurance Fraud Bureau supervisory board.
Intelligence sharing agreement between IFB and police to target criminal gangs is renewed
An agreement between the Insurance Fraud Bureau and the Association of Chief Police Officers to share intelligence on organised criminal gangs between the insurance industry and the police has been reviewed and renewed due to its ongoing success.
Market Moves - 15 January 2015
All the latest job moves in the insurance market.
ERS swoops for Rees to head underwriting fraud
ERS has appointed Linda Rees as underwriting fraud head as it looks to expand its anti-fraud measures.
IFB hires two for strategy implementation
The Insurance Fraud Bureau has hired a project manager and a business analyst to contribute to the implementation of its five-year strategy.
Tesco fraudster sentenced to three years after Operation Catcher sting
A fraudster who staged accidents with Tesco delivery vans has been sentenced to three years in prison.
New look IFB technical board to be chaired by Axa fraud boss Davies
Axa global chief fraud control officer Richard Davies has been appointed as chairman of the Insurance Fraud Bureau’s technical board as part of a shake-up that will result in an influx of new board members.
Fraud 2014: Defendant parties prioritised to assist with IFB strategy
Representatives from the defendant lawyer community will be part of the project teams tasked with ironing out the details around the Insurance Fraud Bureau’s five-year strategy, while question marks remain around whether claimant parties will be involved.
Fraud 2014: Insurers accused of making a ‘crisis’ out of fraud for own industry gains
The industry needs to work harder at collaborating to combat insurance fraud, including building strategic relationships with non-insurer parties, according to panellists at the Post Fraud 2014 event.
Career development: Aviva and Solus unveil Thatcham-backed training scheme
Directors at Solus and Aviva have joined with new apprentices at Thatcham’s Automotive Academy to launch a new multi-discipline training programme.
ABI, IFB and Thompsons to discuss fraud collaboration next week
The Association of British Insurers and Thompsons solicitors are set for a face-to-face showdown next week at the Post Insurance Fraud conference.