Fraud
SSP launches behavioural anti-fraud weapons
Software specialist SSP has unveiled a new anti-fraud solution that will tackle crooks through behavioural analytics.
Ifed investigation leads to four 'crash for cash' arrests
Four people have been arrested in dawn raids following months of investigation by the Insurance Fraud Enforcement Department into a suspected ‘crash for cash’ gang.
Ifed dismisses ‘London-centric’ tag and defends conviction statistics
ABI funding of Ifed to increase despite £105 000 cost to industry per prosecution
Roundtable: Fraud: Talking tough
The insurance industry has made a big noise about increased anti‑fraud efforts in recent years, but how significant has the impact been – and where could firms do more?
Foil calls for Ifed to expand into the north to tackle rising fraud
Figures produced by the Association of British Insurers stating that detected fraud is at a record high has led to calls for the Insurance Fraud Enforcement Department to expand its presence, including the creation of an operational base in the north of…
TV fraud on the rise in lead-up to sporting summer warns VFM
Insurers must be on the alert over the next couple of months, as fraudulent claims for televisions have risen significantly in the run up to this year’s sporting summer, counter-fraud Specialist, VFM Services, has warned.
Cost of fraudulent claims rose by 18% in 2013, says ABI
The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3bn in 2013, up 18% on the previous year, according to the Association of British Insurers.
Equifax wins G4S insurance fraud protection contract
G4S Investigation Solutions UK has reached an agreement whereby Equifax will provide fraud protection and data matching solutions to its specialist insurance claims division.
Welcome to the bizarre world of insurance fraud
by Sally Griffiths, director at VFM Services Ltd
Engagement ring fraudster jailed for 27 months
A conman who pawned his wife’s engagement ring and then falsely claimed for it on his insurance has been jailed for 27 months.
Fidelity insurance: Inside job
Despite theft and fraud by employees being the second-biggest reason for store loss in the UK, many firms prefer to sweep such incidents under the rug. How can companies protect themselves better?
Fraudulent fiancé who lied about 'stolen' ring avoids jail
A deceitful fiancé who tried to con his insurer out of £20 000 by claiming his wife-to-be’s engagement ring was stolen while on holiday in Brazil has been slapped with a fine and a suspended prison sentence.
One Insurance discovers fraud claims worth £100k
Doncaster-based One Insurance has halted two fraudulent claims which could have cost the company more than £100 000.
Pro-golfer to pay £8k for income protection con
A pro-golfer who fraudulently claimed more than £8000 for a knee injury that supposedly left him unable to work has been ordered to repay the money, and carry out 140 hours of unpaid work.
Fraud Focus: Sophisticated cyber crime coming
Insurers must take the window of opportunity to develop countermeasures
Insurance fraud tipped to rise amid tough economic conditions
The current economic climate is expected to lead to an increase in the number of consumers willing to commit insurance fraud, according to a You Gov survey commissioned by Equifax.
Telematics uncovers fraud in £54k Aviva claim
Telematics was the key in the dismissal of a £54 000 personal injury claim placed with Aviva, according to a motor fraud investigation company.
Fraudster jailed after £2m PI claim to RSA disproved
A man who attempted to claim nearly £2m from RSA for a workplace injury is currently serving a six month jail sentence after pleading guilty to contempt in February.
Aviva uncovers 19% rise in fraud in 2013
British insurer Aviva detected over £110m worth of insurance fraud in 2013 – a 19% increase compared with 2012.
Your say: Insurance Fraud Register in the slow lane
I feel compelled to respond to Post’s recent article concerning the Insurance Fraud Register in the 10 April edition.
The Technology of the future
This special video edition of Post, The Technology of the Future, offers a greater insight into a number of the key developments that are helping reshape the UK and international insurance sectors.
85% of workplace injuries uncompensated says Apil
A huge majority of workplace related injuries and illnesses remain uncompensated according to figures released by the Association of Personal Injury Lawyers.
Expertise in action: Data validation in the broker space
The insurance industry has invested heavily in its capabilities to detect and stop fraud in recent years. And this is as true at the front end with data validation as it is with claims fraud at the back.
Ridesharing: Sharing responsibility
The increasing popularity of ridesharing is creating a range of challenges for insurers – particularly when it comes to liability