Fraud
Covéa signs up to the IFR
Covéa Insurance has become the latest insurer to join the Insurance Fraud Register.
Blog: D&O - ‘The Times They Are A-changin'
Primary D&O underwriters have been living with over-capacity, broad cover, and low rates for a long time, but are there reasons to think 2015 could be the beginning of the end of this soft market for management liability risks?
Blog: Should we look forward to the mandatory licensing of investigators?
New licensing regulations for third party private investigators aren't so much red tape as strategic defence, says CEGA'S head of special investigations, Simon Cook.
Blog: D&O insurance - ‘The Times They Are A-changin'
Primary D&O underwriters have been living with over-capacity, broad cover, and low rates for a long time, but are there reasons to think that 2015 could be the beginning of the end of this soft market for management liability risks?
Fraud investigation firm VFM enters liquidation
Peterborough-based claims investigation firm VFM Services has gone into liquidation resulting in the redundancy of the firm's entire workforce, Post understands.
10 found guilty in £1m fraud scam
Ten people involved in a £1m crash-for-cash scam have today been found guilty of conspiracy to defraud at the Manchester Crown Court.
Zurich undeterred from fraud fight after appeal is upheld
Zurich says it is "unsurprisingly disappointed" by a 31 March Court of Appeal decision that ruled in favour of a claimant the insurer had evidence to show had made a fraudulent claim.
Judge dismisses first full case for fundamental dishonesty
A Telford County Court judge has dismissed the first full trial due to a finding of fundamental dishonesty.
Europe: Major Events in the Russian Insurance Market in Q1 2015
Paul Koshik looks back at the first quarter of this year in the Russian insurance market
Quiz of the week
How well do you know what happened in the world of insurance this week? Test your knowledge of the week's news with Post's coffee break quiz.
Gumtree ghost broker jailed for two years
A car rental firm owner who made £65,000 selling invalid motor insurance was jailed today for two years at the Old Bailey (26 March).
In-house investigators dodge PI regulation amid deadline delay
In-house claims investigators will not be subject to statutory licensing for private eyes, according to the Association of British Insurers, which has expressed concerns that uncertainty around the introduction of PI regulation is “hindering” insurers.
Motor underwriting profit improves 153% in Singapore
Underwriting profit in the motor sector climbed to S$149.5m (£73m) in 2014 compared to S$59.1m in 2013.
Motor Claims 2015 - speaker: Ben Fletcher
As director of the Insurance Fraud Bureau (IFB), Ben Fletcher leads the insurance industry's collective fight against organised fraud.
Task force enlists ABI and Biba to update application fraud guidance
The Association of British Insurers and the British Insurance Brokers’ Association have agreed to update their guidance on the prevention of application fraud by the end of 2015 after being prompted by the government’s insurance fraud task force.
ABI study examines the behaviour of fraudsters
The Association of British Insurers has published research into what motivates insurance fraudsters.
Blog: Client retention and counter fraud
Fraud management is a delicate balance. Insurers have to walk a fine line in order to keep fraud at bay and keep costs and renewal rates under control in order to retain their customer base, says VFM's Sally Griffiths
Spotlight: Big data: Insurers must embrace the wider use of data
Insurers must embrace the wider use of data in order to interact with customers or risk being left behind
Big data tipped to impact insurers' credit ratings
Harnessing big data will be key to insurers' profitability, competitiveness and, in the long term, credit ratings, according to a Fitch Ratings report.
Blog: Fundamentally for the good
Nick Parsons looks at whether or not concerns around section 57 of the Criminal Justice and Courts Bill were justified.
Roundtable - Insurance Act: Facing up to the challenges ahead
Having been granted Royal Assent last month, the replacement for the Marine Insurance Act 1906 will come into force in August 2016. How will the industry cope with adapting to the reforms?
Fraud Focus: We know what fraud looks like, don’t we?
Fraud detection techniques may just be picking up the same old scams, which are dying breeds
International: A shortage of talent
With the number of qualified claims adjusters in Singapore falling by one-third over the past 10 years, the country is facing an acute shortage of talent
Commercial Lines Fraud: Commercial stumbling block
With the fight against fraud in personal lines being increasingly successful, fraudsters are beginning to target the financially viable commercial sector