Insurance Fraud Bureau (IFB)

Fraud costs the industry £1.1bn a year

Fraudulent insurance claims uncovered by insurers have topped £1.1bn a year as the industry’s clampdown on insurance cheats intensifies, according to a figures by the Association of British Insurers.

IFB to target broker members with ex-Axa manager Danny king

A former strategic relationship manager and key account manager at Axa Insurance, Danny King has been appointed to lead the Insurance Fraud Bureau’s acquisition of customers, including exploring how the IFB’s membership model can be enhanced to enable…

David Neave joins Parabis board

The Co-operative's outgoing general insurance managing director David Neave has become Parabis' first non-executive board member since it gained an alternative business structure licence last August.

Fraud: A war on all fronts

Fraud affects all lines of business and yet to date insurer focus on solving the problem has been on motor. Is it time for a shift in perception?

IFB investigation leads to jail time for fraudsters

The insurance industry has demonstrated a “zero tolerance” stance towards fraud produces results, after two fraudsters responsible for handling “thousands” of fictitious or inflated personal injury and credit hire claims were sentenced to jail.

Fraudulent claim handlers jailed

Two fraudsters responsible for handling ‘thousands’ of fictitious or inflated personal injury and credit hire claims have been sentenced to jail.

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