Fraud
MPs and insurers warned new licencing act may hinder fraud investigations
Insurers have been warned that the new licencing arrangements for investigators could prove a hindrance, not a help, to their fraud teams.
Absolute recruits former London 2012 cybercrime advisor
Insurance investigator Absolute Partnership has named one of the UK’s leading cybercrime experts as its new director of data and intelligence.
Ghost broker sentenced to three years in jail
A ghost broker who targeted Manchester students has been sentenced to three years in jail.
Banning pre‑med whiplash settlements is not cost-effective, insurers tell TSC
Insurers refute Mass claim that pre-med settlements invite fraud
Zurich calls for improved data checking among brokers
Brokers have been challenged to help maintain the fight against fraud after a survey by Zurich showed that almost a quarter of ID checks fail because customers’ dates of birth have not been entered correctly.
Southern Rock becomes latest insurer to join IFB
Southern Rock Insurance Company has become the latest member of the Insurance Fraud Bureau.
Three convicted in crash-for-cash scam
Three people have been convicted for their involvement in a crash-for-cash scam involving seven collisions across the Thames Valley and Metropolitan Police areas.
Insurance Fraud Awards: Deadline approaching
With the deadline of this Friday (27 June) looming for the Insurance Fraud Awards, there is still time to be in the running to win one of these prestigious gongs.
C-Suite - Insurer: Putting the brakes on whiplash
The industry must ensure it goes all out to discourage dishonest whiplash claims
Ifed arrests 11 in national travel fraud bust
Eleven people have been arrested across the UK for submitting travel insurance claims thought to be fraudulent.
Vans targeted in one third of crash-for-cash claims
Light commercial vehicles have been involved in almost one third of collisions involving crash-for-cash fraud rings in the past 12 months, according to research from Hill Dickinson and anti-fraud firm APU.
BIA Countdown: Achievement winner reflects: Q&A with Ashton West
Since their inception, the British Insurance Awards have become the unrivalled badge of excellence for the insurance sector, raising standards across the industry through their showcasing of best of breed performance and innovation.
Couple sentenced for £1.1m life insurance fraud
A man who faked his own death and his wife were sentenced to prison today after fraudulently claiming £1.1m from life insurance policies and investments.
Fraud Focus: Will fraudsters flourish?
Reported fraud levels are on the rise, the number of motor claims being retained on the Ministry of Justice portal remain high, fraud litigation volumes are decreasing, and average damages payments are rising and qualified one-way costs shifting is now…
Aviva data shows crash for cash incidents up 51% last year
Aviva is calling for stronger deterrents for crash for cash gangs after claims fraud data from the insurer revealed there had been a 51% increase in fraudulent slam-ons last year.
Met seizes 100 000th uninsured car in London
The Metropolitan Police Service has seized its 100 000th uninsured vehicle in London.
Your say: More than technology to tackle fraud
The recent article on SSP’s behavioural anti-fraud weapons certainly highlights the difficulties in accurately detecting and eliminating application fraud.
Editor's comment: What's under the wrapping paper?
Surprises for the insurance industry usually come in the form of floods, fires and windstorms, so it must have been a welcome change for the sector this weekend when Justice Secretary Chris Grayling handed them a more pleasant gift by stepping up the…
IFB targets brokers as it plans to extend into tackling property and liability fraud
The CILA quick to register interest in joining expanded fraud bureau
Call for fraud reform clarity over ‘fundamental dishonesty’ definition
MoJ plans include a ban on incentives to claimants and pre-medical offers
Industry welcomes government fraud action
Insurers have welcomed government measures to tackle insurance fraud announced today by Justice Secretary Chris Grayling.
MoJ plans strike out legislation for fraudulent claims
The Ministry of Justice is to step up its fight against fraudulent insurance claims by introducing legislation to require courts to reject entire compensation claims where a claimant has been “fundamentally” dishonest.
Your say: Investing in fraud specialists
The latest fraud results announced by the Association of British Insurers demonstrate once again that fraud is a risk that our industry cannot ignore as unchecked it will eradicate any marginal bottom lines in what continues to be a tough market for most.
SSP launches behavioural anti-fraud weapons
Software specialist SSP has unveiled a new anti-fraud solution that will tackle crooks through behavioural analytics.