Fraud
Judge dismisses £60k claim for nightclub accident
A judge has thrown out a £60 000 claim for an alleged nightclub dance floor accident citing lack of credible evidence.
'Ruthless' Bradford ghost broker jailed for First Central scam
A Bradford ghost broker who defrauded both First Central and his clients has been jailed for selling invalid car insurance policies to motorists across the city.
Firms deny dodging referral fee ban as select committee prepares ABS report
MP concerned insurers are using alternative business structures to circumvent ban.
Insurance Fraud Register backers dismiss criticisms over slow progress
Hill Dickinson fraud boss Oakes says value of the IFR is ‘incredibly limited’.
Legal update - Alan Bate v Aviva: Court of Appeal dismisses property case after failure to disclose business risk
Mark Aitken examines a case where a high net worth individual failed to give a fair presentation of risk.
Fraud Focus: A new tool to tackle fraud
Deferred Prosecution Agreements have long been a construct of US law, but since 24 February they are also now possible in England and Wales. So, what are DPAs, and are they relevant to insurance fraud?
TSC chair Ellman raises ABS concerns
Select committee chair calls for ABS loophole scrutiny
CHO boss says ‘self interested’ insurers are hampering fight against fraud
DAC Beachcroft estimates credit hire fraud is worth up to £75m a year
Medical Devices: Ripple Effect
The shockwaves of the Poly Implant Prosthèse breast implants scandal are continuing to affect insurers and the regulation of medical devices
EISL director fined by FCA for fraudulent NCD forms
EISL director Philip Eley has been fined £7200 by the Financial Conduct Authority and banned from working in his approved capacity by the regulator.
Court injunction out on two Hong Kong brokers
Two brokers stole confidential information in a systematic way before joining another broker in Hong Kong, according to a senior market source
Seventeen arrested in credit hire crackdown
Seventeen people suspected of credit hire fraud were arrested in raids across England on Wednesday morning.
Document fraud uncovered amid industry response to floods
Opportunistic fraudsters have been taking advantage of widespread flooding by lodging bogus commercial property and household claims, according to the Absolute Partnership.
Application Fraud: The whole truth?
A recent study found up to a quarter of all insurance applications could be deliberately inaccurate. What can insurers do to help prevent this?
In Series: Data: Down the data rabbit hole
Data is expected to drive change in the insurance industry, with greater volumes set to create distinct opportunities.
ABI agrees expanded £11.7m Ifed investment
The Association of British Insurers has agreed to invest £11.7m in the City of London Police’s Insurance Fraud Enforcement Department over three years.
Fraud Focus: Catching up with motor fraud
Are the days of motor insurance fraudsters numbered? Playing devil’s advocate, you might be forgiven for thinking that is the case.
Interview: Bill Paton: The other side of the telescope
When Bill Paton departed Zurich after three decades in general insurance, he took a short hop to law firm DAC Beachcroft to view life from the other side of the table.
In Series: Data: Weeding out fraud
With organised fraud costing the insurance industry an estimated £392m a year, is increased use of data the key to winning the battle?
Pet insurance register would collar fraudsters says Aquarium
A leading provider of insurance fraud software has called for a national register on pet insurance and claims in order to tackle growing numbers of frauds.
VFM claims first in escape of water desktop counter fraud solution
Counter fraud specialist VFM Services has unveiled what it claims is the first product to prevent insurance fraud on escape of water claims.
MIB and Experian agree five year MID partnership renewal
Experian has put pen to paper on a five year partnership renewal with the Motor Insurers’ Bureau to maintain the Motor Insurance Database.
Legal update: Fraud: Fraudster jailed for nine months after surveillance proves exaggeration
Leanne Revitt examines a case where a claimant grossly exaggerated his injuries.
C-Suite broker: Solving fraud through collaboration
Some criminals are moving from smuggling drugs to smuggling ivory, as the chances of getting caught are lower and the penalties more lenient.