Insurance Fraud Enforcement Department (IFED)
ABI reports fraud at lowest level since 2007; Axa relaunches British Gas cover; Getsafe extends Series B; and Lockton acquires
Post wraps up the major insurance deals, launches and investments of the week.
Penny Black's Social World: November 2020
Mental health, young drivers and charitable donations.
Edelle Michaels replaces Andrew Fyfe as Ifed head
Detective chief inspector Edelle Michaels has been appointed as the head of the City of London Police’s Insurance Fraud Enforcement Department.
Analysis: Rise of the clones
Insurance clone warnings doubled last year, as fraudsters got creative in their attempts to scam the public. Post investigates the rise of the clones and asks why it is so tough to police these fraudulent firms
Grenfell fraudsters claimed £775,000 from the victims’ fund
Fraudsters have been convicted for falsely claiming a total of £775,000 from the Grenfell Tower victims’ fund.
LV's Clare Lunn appointed to head industry's counter-fraud organisation
Exclusive: Clare Lunn, director of fraud at LV, has been selected as a chair of the the General Insurance Fraud Committee.
‘Heartless’ insurance fraudster who made false Grenfell, Manchester Arena bombing and London Bridge terror attack claims jailed
A woman who made more than 50 fraudulent claims, including some involving the Grenfell Tower fire, Manchester Arena bombing and London Bridge terror attack, has been handed a jail sentence.
Blog: Database overload
The insurance industry has achieved many successes in its fight against fraud but it now needs to address database overload, urges Steve Crystal, head of financial crime at Sedgwick.
Young people most at risk of falling victim to ghost brokers
Young people aged between 17 and 24 years old are most likely to fall prey to ghost broking scams, figures from the Insurance Fraud Enforcement Department reveal.
Commercial insurance fraud: Improving detection
There might be disagreement as to how large the gap is between the resources committed to combatting commercial fraud when compared to personal lines – underlined by the recent Post/Crif research. But, there is at least some consensus around a lack of…
One insurance scam seen every minute in 2017
Over half a million attempts at insurance fraud were detected in 2017, equivalent to one fraud every minute.
Aviva's Townend replaces Blanc as IFB chair
The Insurance Fraud Bureau has apointed Aviva’s managing director of UK General Insurance replacing former Axa UK CEO Amanda Blanc.
Ghost broker jailed after making £321,000 of false car insurance claims
A ghost broker who used victims’ details to make £321,000 of false car insurance claims has been jailed.
Q&A: DCI Andy Fyfe, Insurance Fraud Enforcement Department
Two months on from his appointment as head of the City of London Police’s Insurance Fraud Enforcement Department, Post sat down with detective chief inspector Andy Fyfe to discuss the ways Ifed is tackling insurance fraud.
Gang sentenced after £95,000 insurance scam
13 people have been sentenced for conspiracy to defraud insurance company 1st Central following an Ifed investigation.
Man sentenced after 13 false insurance claims
A man has been sentenced at Liverpool Crown Court after attempting to claim compensation on 13 separate occasions for alleged damage caused to his car.
Blog: ‘Keeping mum’, a barrier to consolidating data intel
Insurers want to keep their competitive advantage but should share their expertise to combat fraud, says Lior Koskas, managing director of Digilog UK.
Andrew Fyfe announced as new Ifed chief
Detective chief inspector Andrew Fyfe has been appointed as the new head of the City of London’s Police’s Insurance Fraud Enforcement Department.
Underwriter sentenced for scamming insurers
A former underwriter has been sentenced to 15 months in prison suspended for two years after pleading guilty to numerous false insurance claims.
Blog: LV's Sue Jones on her fraud-fighting career
Sue Jones, head of GI fraud strategy at LV, explains how fraud became an industry focus.
Allianz employees given suspended sentences for leaking customer data to CMCs
Five people, including three Allianz employees who made £7000 from leaking more than 700 pieces of confidential data, have been sentenced for bribery offences.
Flood-hit business owner sentenced for fraud
A flood-hit shop owner has been ordered to pay compensation after attempting to falsely claim £107,000 from her insurer.
Man sentenced to a year after fraudulent personal injury claim
A man has been sentenced to a year behind bars after attempting to claim hundreds of thousands of pounds following a work injury.
Industry thwarted £25m fraudulent claims a week in 2016
The insurance sector thwarted 2,400 fraudulent insurance claims valued at £25m every week in 2016, according to figures from the Association of British Insurers.