Insurance Fraud Bureau (IFB)
Editor's comment: keeping the buzz alive
After the initial buzz of excitement swarmed round the industry at the prospect of an insurer-funded dedicated police unit to combat fraud, all has gone strangely quiet. Fair enough, the Association of British Insurers did stress that its discussions…
Postbox: industry needs government help on fraud
The landmark civil judgment in the case of Israr Hussain Shah, as reported in Post over the past fortnight, highlights a worrying issue for the industry.
Aggregators join ABI and Biba in fraud fight
Aggregators have joined forces with the Association of British Insurers and British Insurance Brokers' Association to publish new guidance on online application fraud.
Beachcroft recruits surveillance expert
A former armed forces surveillance expert has joined law firm Beachcroft as head of intelligence.
In Series - Fraud: Two sides to every story
Taking fraudsters to court can be a risky business for insurers, as if they lose the negative publicity can be overwhelming. Rachel Gordon looks at encouraging signs that the industry is fighting back.
Group jailed for insurance claims fraud
Six people have been sentenced after a bogus insurance claims company conned solicitors out of almost £150 000.
In series - fraud: how essential is PR in the battle against fraud?
PR is essential when it comes to changing perceptions about the insurance industry. Rachel Gordon investigates how successfully this is being utilised in the long-term fight against fraud.
Application fraud: insurers 'oblivious' to extent of issue warns IFB boss
Many insurers are totally oblivious to their exposure to application fraud, according to Insurance Fraud Bureau director Glenn Marr. And one of the prime reasons for this, he added, is its complexity and scope.
Application fraud: shift in culture and focus needed to start tackling application fraud
The insurance industry "will need a shift in culture and focus" before it can start recording successes in application fraud similar to those it has already achieved with claims.
Application fraud: step forward in fraud fight
The fact that underwriters are now starting to wake up to the issue of application fraud is a step in the right direction towards effectively combating the issue.
Crawford fraud boss pinpoints social media as ideal weapon
Crawford & Company vice president of counter-fraud solutions Bobby Gracey has highlighted social networking websites as a new weapon that insurance companies can use to combat fraud.
Editor's comment: Out of step with reality?
Just before the devastating events began to unfold in Japan last week, the UK insurance market found itself vexed by the Transport Select Committee's report into the rising cost of motor insurance.
In series: tackling the problem of fraud
Fraud is no longer the elephant in the room for the industry — but insurers still need to go on the offensive to tackle the issues, says Rachel Gordon.
Post history - five years ago: Imminent IFB looks to save £200m
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this article from five years ago reveals.
IFB set to increase operational resources
The Insurance Fraud Bureau said it is responding to market appetite for its services and growth in the number of industry customers it works with, by increasing its operational resources.
Post Europe: Motor fraud – Balkan Peninsula
Crash for cash scandals have hit the headlines in the UK and, while the trend has reached Eastern Europe, Sam Barrett reports that counter fraud strategies are not yet able to beat the problem.
Four arrested for insurance fraud
Four people were arrested today as part of an investigation into organised crime in the North east region.
Claims Club news: IFB: application fraud 'Achilles heel' warning
Application fraud is "potentially an Achilles heel" for the UK insurance industry.
Eleven charged with 'crash for cash plot'
Eleven people appeared in court on Monday (January 24) charged in connection with an alleged 'crash for cash' conspiracy.
IFB and Met team up to tackle spectre of ghost broking
The Insurance Fraud Bureau has joined forces with the Metropolitan police to launch an education programme aimed at communities that have recently fallen foul of ghost broking activities.
Induced accidents are only small part of fraud problem
Policyholders staging or inventing road accidents to file fraudulent claims by far outstrip 'crash-for-cash' fraud — where an innocent policyholder is induced to collide with a fraudster's car, according to Keoghs.
IFB fraud adviser joins Groupama
Groupama Insurances has appointed Marc Yeates to the role of counter fraud claims adviser.
Ghost broking arrest made
Officers from the Metropolitan Police yesterday, 5 January, arrested a 31-year-old man on suspicion of conspiracy to defraud and money laundering offences.
LV fraud consultant joins IFB
A consultant from LV’s financial crime unit has been seconded to the Insurance Fraud Bureau for six months.