Insurance Fraud Bureau (IFB)
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.
IFB warns motorists over fronted policies
The Insurance Fraud Bureau has warned that any drivers found fronting their car insurance policies will be caught.
Four sentenced for fraudulent insurance claims
A further four people have been sentenced for submitting fraudulent insurance claims following a minor collision in Old Trafford, Manchester.
IFB and MoJ launch fraud awareness campaign
The Insurance Fraud Bureau and the Ministry of Justice Claims Management Regulator have unveiled a new joint awareness campaign to encourage people to report insurance fraud.
Ghost broking trio charged with fraud
Three people suspected of acting as illegal insurance intermediaries - or ‘ghost brokers’ - have been charged with fraud.
VFM co-founder joins the IFB
VFM co-founder and ex-director Stephen Dalton has joined the Insurance Fraud Bureau.
Groupama calls on insurers to embrace Travel CUE
Groupama has urged fellow insurers to collaborate on the launch of a new initiative to combat travel insurance fraud.
Birmingham remains top spot for fraud
The Insurance Fraud Bureau has released its fraud statistics for Q3, pinpointing Birmingham, Liverpool, and Manchester as the top three cities for fraudulent activity.
Two more charged in £4m insurance scam
Another two professionals have been charged in an ongoing multi-million pound fraud against the UK insurance industry.
CIFAS: fraud remains “rife” in the UK
Data provided by the 265 member organisations of CIFAS – the UK’s Fraud Prevention Service - has revealed fraud remains rife in the UK.
League table reveals top fraud cities
Birmingham, Liverpool, and Manchester saw the most fraudulent activity in Q3 2010, according to the Insurance Fraud Bureau.
Industry tackles ghost brokers
The insurance industry is working with police to develop an educational programme to help tackle fraudulent practices by so-called 'ghost brokers'.
The Insurance Fraud Awards 2010 - winners announced
Over 380 of the great and the good from the general insurance industry's fraud detection and prevention sector gathered in London last night for Post's Insurance Fraud Awards 2010.
Travel insurers go it alone on fraud database
Mondial Assistance has called for a travel insurers' database, after revealing it has entered a data sharing agreement with four other insurance firms.
Police seize £150k from "crash for cash" criminal through POCA
Airedale and North Bradford Police have fired a warning to criminals after successfully confiscating £150,000 from Mohammed ‘Mojo’ Rashid on October 11 under the Proceeds of Crime Act.
Fraud Management Briefing news: First broker poised to join the IFB
The Insurance Fraud Bureau is set to expand its membership after inviting brokers and loss adjusters to join its network.
Fraud Management Briefing news: Allianz boss seeks support for casualty fraud forum
Allianz fraud manager Mihir Pandya has vowed to establish a casualty fraud forum with the help of the Insurance Fraud Bureau.
Postscript - five years ago: Fraud database set to launch
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news as this highlight from five years ago reveals
News analysis - Fraud: Some distance to go
While fraud detection has increased over time, there is still much more the industry could be doing in its approach. Lorraine Carolan and Craig Dickson report on what is holding it back.
IFB readies household, EL and PL fraud models
The Insurance Fraud Bureau has admitted it is involved in discussions with home, employers' liability and public liability insurers to strengthen fraud detection rates beyond the motor insurance sector.
IFB agrees Detica software deal
The Insurance Fraud Bureau has entered into a five year contract with Detica for the implementation of its Net Reveal counter fraud software.