Insurance Fraud Bureau (IFB)
Fleet risk management: Risk on the roads
With government statistics showing a 7% annual increase in road accident fatalities during Spring 2011, should brokers be working harder on fleet risk management?
IFB names new boards for expansion
The Insurance Fraud Bureau is to split its governance and technical management into separate boards and has announced a new line-up up of senior industry figures who will take over in the New Year.
Motor insurers set to share application data in suspected frauds
Motor insurers want to share data from suspected application fraud, as criminals try multiple submissions to get cars on the Motor Insurance Database as cheaply as possible.
Market moves: ‘Tis the season for recruiting
As Christmas draws closer, the insurance industry has prepared for the New Year with a raft of appointments. In the broking market, there were moves for Aon and Willis, while Howden added three new faces to its team.
'We provided good evidence,' says IFB on BCR fraud case
The Insurance Fraud Bureau is standing by its decision to provide information on the investigation into BCR Legal but City of London Police is “disappointed” the case fell through.
BCR claims win in IFB fraud investigation
Insurance intermediary BCR Legal has claimed victory after a fraud trial against 14 defendants, including doctors and solicitors, collapsed in disarray.
Insurance fraud police unit reveals areas to be targeted after assessment
The £3m insurance fraud police unit could be charged with tackling ghost broking, insider fraud, ‘crash-for-cash’ and corrupt professionals, including lawyers and doctors.
Bird named as interim IFB director
Motor Insurers’ Bureau head of customer services Phil Bird is “overseeing day to day operations” at the Insurance Fraud Bureau following the departure of director Glen Marr.
Crash-for-cash in commercial motor a 'massive blind spot' for industry
The Insurance Fraud Bureau needs to take the issue of crash-for-cash involving commercial vehicles off the “back burner”, commercial motor insurers have warned.
Oxygen to sell off remaining assets - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including how market commentators believe large employee expenses and lack of profits are behind the demise of seven-year old Oxygen Holdings, as it prepares to sell off its…
News analysis: IFB’s three-year strategy wins financial backing from insurers
The Insurance Fraud Bureau is to more than double in size in its crackdown on professional enablers.
Fraud event: Industry must drive forward claimant data-sharing portal
The technology is ready for a data-sharing portal between insurers and claimant solicitors to tackle fraud, but it is down to the industry to drive it forward.
ABI mulls development of no-claims discount register
The Association of British Insurers is considering setting up a no-claims discount register in the wake of the creation of the industry’s Insurance Fraud Register.
Thai flood losses set to escalate - Insurance News Now
Post reporter Callum Brodie outlines this week's major general insurance stories including feelings of a “whiff of Katrina” among loss adjusters about the Thailand floods that have already inundated two industrial estates in Bangkok - affecting…
IFB seeks to double staff numbers with 25% increase in industry levy
The Insurance Fraud Bureau is to double its staff by increasing its industry funding levy income by 25% to £2.8m.
Ageas investigation lands 10 crash for cash fraudsters
A gang of 10 fraudsters involved in a crash for cash conspiracy to cheat insurance companies out of almost £500 000 have been sentenced following an investigation led by Ageas.
Nine arrested in Yorkshire following alleged crash for cash scam
Insurance Fraud Bureau investigations into crash for cash scams continue to gather momentum following the arrest of nine suspected fraudsters in West Yorkshire yesterday.
IFB calls for vigilance following latest crash for cash conviction
Insurance Fraud Bureau director Glen Marr has highlighted the organisation’s successful partnership with police following the latest in a long line of ‘crash for cash’ convictions.
Ace heralds international efforts as fraudster jailed
Ace Europe has trumpeted its international claims investigation system, following the conviction of fraudster Anthony McErlean, who was jailed last week for attempting to claim £520 000 from the insurer after faking his own death.
Swinton to join the IFB
Swinton has agreed to become an affiliate to the Insurance Fraud Bureau.
'Fake death' fraudster sentenced to six years
A callous fraudster who made a £520 000 claim to Ace Europe after faking his own death while in Honduras has today been sentenced to six years imprisonment.
Neave rebuts IFB ‘revolving door’ claims
Insurance Fraud Bureau chairman David Neave insists there is no “revolving door” problem at the industry anti-fraud co-ordinator, after Glen Marr announced he was stepping down from the director role after just over a year.
Editor's comment: Out of our hands?
With the bullish comments made by even the most cat-exposed insurers still echoing in our ears, declaring the global insurance market resilient in the face of one of the costliest years ever, the storm clouds are now gathering on multiple fronts from…
Fraud: Advanced detection techniques responsible for recent fraud crackdown
Fraud investigators at major UK insurers have attributed the unprecedented number of high-profile fraudsters hauled before the courts over the past month to a more advanced industry-wide detection process.