Fraud
Insurers urged to not sweep internal staff fraud under the carpet, by LV investigations boss
Exclusive: 'Out-of-salary behaviour' and irregular work patterns have been identified as tell-tale factors for insurers to look out for in their efforts to identify potential theft of confidential data.
Blog: What does the first Insurtech Impact 25 listing say about the state of the sector?
“We have no doubt that we have missed some Fords and included some Tinchers. But who ends up a Ford and who ends up a Tincher is not pre-determined.”
Whiplash fraudster given two month prison sentence
A whiplash fraudster has been handed a two month prison sentence and been ordered to pay £14,000 in costs.
68% of homeowners think it’s acceptable to omit application information
Over half of UK homeowners believe it is acceptable to omit or adjust information in their application to keep their insurance premiums low, according to survey findings.
IFB appoints claims officers Nichols and Gibson to its board
The Insurance Fraud Bureau has appointed two claims officers from major insurers to its board.
This week in Post: Funding, fraud and finding life after Brexit
This week, the insurance industry received the news that the government’s controversial whiplash reforms are likely to be put into effect in April next year.
Blog: Escape of water claims must be investigated to stop rising cost
Insurers want to tackle the rising costs of escape of water claims but not enough are investigated to detect fraud or identify third-party liability, argues John Gow, operations manager and senior investigator, IFIC Forensics.
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.
Ageas's François-Xavier Boisseau on fake pricing scandals
Insurers do not quote racist premiums, writes François-Xavier Boisseau, CEO insurance at Ageas UK, urging the sector to better educate the public on how pricing works.
Blog: Personal and cyber - connecting the dots
James Tucker, smart technology manager at Allianz, explains why insurers should consider creating an all-encompassing personal cyber cover.
Interview: Charlotte Halkett and Darius Medora, Buzzvault Insurance
Charlotte Halkett, one of the founding members of Insure the Box, caused waves when she moved to launch an insurance business of a removals booking firm Buzz Move in September last year.
CNA Hardy's Dave Brosnan on bumps in the road as businesses go global
Boards shouldn't turn their attention away from corporate, compliance and supply chain risks, warns Dave Brosnan, CEO of CNA Hardy Europe.
IFB enters partnership with Mohawk Security to boost investigation strategies
The Insurance Fraud Bureau has signed a contract with Mohawk Security in order to more effectively combat fraud.
Ghost brokers defraud public of £631,000 over three years
Ghost brokers have defrauded the public of £631,000 over the past three years.
Gang sentenced after £95,000 insurance scam
13 people have been sentenced for conspiracy to defraud insurance company 1st Central following an Ifed investigation.
Alibaba invests in safe driving app start-up
Tel Aviv-headquartered motor technology firm Nexar has closed a $30m (£21.4m) round of financing.
Kennedys secures authoritative court guidance on 'fundamental dishonesty'
Kennedys has secured the first authoritative court guidance on the meaning ‘fundamental dishonesty’ in personal injury claims.
Hastings to use automated fraud detection service
Hastings Direct has selected BAE Systems’ Net Reveal solution in order to detect and investigate claims and policy fraud.
Gallagher employee jailed over £500,000 fraud
A claims manager who defrauded his employer, Arthur J Gallagher, out of more than half a million pounds, has been jailed.
BGL’s Stuart Walters on exempting underwriting from GDPR consent requirements
The insurance industry needs to push for amendments to the Data Protection Bill, argues Stuart Walters, chief information officer at BGL Group.
Fraudsters sentenced after staging two crash for cash incidents
A man has been jailed and three others have been sentenced for orchestrating two cases of crash for cash frauds.
Hastings Direct wins court battle against personal injury fraudster
Hastings Direct has won a court battle against a fraudster who was ordered to pay £5000 in costs and handed a 22-week prison custodial sentence by the Royal Courts of Justice.
Man sentenced after making exaggerated claim worth over £240,000
A man has been sentenced after making exaggerated insurance claims worth more than £240,000.
Aviva paid out £2.7bn in claims during 2016
Aviva paid £2.7bn last year in cash settlements and services to more than 775,000 UK customers claiming on their individual insurance policies.