Get your house in order.
Fraud has always been a problem in the household market, and is proving very costly in the high net worth sector. Anthony Lumsden-Cook believes insurers must take the initiative and cites the success of co-operation within other sectors, encouraging an exchange of ideas and information on possible fraudsters.
For many years, household insurance fraud has been part of life forunderwriters, not least in economic downturns, when so-called
"recession-related" claims - a polite term for fraudulent activity -
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