Fraud
Editor's Comment: Is terror the fraud tipping point?
In August the UK’s terror threat level was raised from “substantial” to “severe”, the second highest of five levels, in response to conflicts in Iraq and Syria.
In Series: Not out of the PI woods yet
Although recent reforms have made a difference to problems plaguing the personal injury sector, insurers say they have not gone far enough. So what more can be done?
A recipe for tackling food fraud
What could the ‘eight pillars of food integrity’ mean for the insurance industry?
PFK Littlejohn hires Gee to head up counter fraud team
Accountancy firm PFK Littlejohn has appointed a forensic fraud team headed up by former director of counter fraud services at BDO Jim Gee.
Coach crash fraudsters jailed over £150k injury scam
Three Liverpudlian fraudsters have been jailed over a scheme to fraudulently claim £150 000 for personal injuries after deliberately causing a crash between a coach and a car while on a journey to a Manchester dog track.
ABI, IFB and Thompsons to discuss fraud collaboration next week
The Association of British Insurers and Thompsons solicitors are set for a face-to-face showdown next week at the Post Insurance Fraud conference.
Global Options CEO Pinder moving to consultancy role
Global Options CEO Frank Pinder is to move away from day-to-day operations of the US investigations specialist, taking on a consultancy role for the business.
Ifed arrests CMC staff on suspicions of fraudulent information gathering
Two claims management company employees have been arrested on suspicion of impersonating insurance policyholders to fraudulently obtain information from an insurer about road traffic collisions.
Penny Black’s Insurance Week - 30 October
It’s not unusual for Penny to find herself reflecting on her youthful moments with embarrassment, but she’s always been a true-blue, dyed-in-the-wool insurance type – and she knows what to watch out for.
C-Suite - Broker: Look on the bright side of motor
“More pain predicted’, ‘Motor sector faces fresh scrutiny’, ‘Not seeing sustained recovery’... A quick search for motor insurance stories on the internet is far from cheerful reading.
Cornwall man gets suspended sentence in Axa fraud case
A Cornwall man was found guilty of fraudulently attempting to claim £100,000 damages from Axa for an alleged workplace injury.
ABI rejects claims it 'backtracked' on fraud figures
The Association of British Insurers has denied "backtracking" on claims about the level of motor insurance fraud in response to challenges from the Transport Select Committee to justify its figures.
IFB strategic plan could take 'beyond five years' to implement
Insurers are unlikely to reap the benefits of a centralised fraud data hub in the near future, with the Insurance Fraud Bureau's expansion plan expected to take more than five years to implement.
Teradata VP hails connection analytics as key in combating customer churn
Insurers should make greater use of connection analytics to pinpoint their most influencial policyholders and reduce customer churn.
IFB set for a busy 2015 as it looks to fill details in five-year plan
The Insurance Fraud Bureau has unveiled a five-year plan to extend its remit beyond motor fraud and facilitate data sharing with lawyers and private investigators.
Hill Dickinson adds LSI specialists to counter-fraud team
Hill Dickinson has added two new legal directors to its counter-fraud team in a bid to strengthen its focus on sanctions and recoveries and low speed impact investigations.
Blog: Physical vs Virtual Security
Internet security expert and MD of Beaming, Sonia Blizzard, talks through some of the reasons why we still need and rely on physical objects and tools such as cars, premises and mobile phones - but the virtual world of data should not be ignored.
Fraud Focus: Pros and cons of fraud law revamp
One of the central pillars of the law relating to fraudulent insurance claims is being given a much overdue makeover. The Insurance Bill is largely good news for insurers, but there will be some areas where protection is reduced.
One fifth of European insurers not using technology to fight fraud
More than half of European insurers using business analytics saw detected fraud increase by more than 4% year-on-year, according to research from software firm SAS.
On demand web seminar: Mitigating insurance fraud at point-of-quote
Whilst the discussion about detecting and preventing fraud had previously been dominated by a focus on claims, as much attention is now starting to be paid to the point-of-quote and the challenges of handling the online interface.
IFR retains insurer support despite membership delays
Insurers have reiterated their support for the Insurance Fraud Register despite onerous data standards meaning that half of the UK’s largest motor players are yet to become members.
Roundtable: A step backwards in the fraud fight?
With EU data protection legislation likely to impact insurers’ anti-fraud measures, key figures from the sector discuss whether the reforms represent a critical blow to their efforts or just a bump in the road?
Insurance Fraud Awards 2014: The winners
Ageas was acclaimed as having the fraud investigation team of the year at last night's Insurance Fraud Awards.
Adrian Flux and Carole Nash first to sign up for IFB broker model
The Insurance Fraud Bureau has unveiled a two-tier membership model for small and larger brokers in a bid to strengthen the industry’s collective fight against fraud by opening intelligence sharing to a wider broker audience.