Fraud
Insurers defeat fraudsters attempting to claim more than £117 000
Hill Dickinson Fraud Unit and The Co-operative Insurance have cracked down on a fraud ring that attempted to claim over £117 000.
IFB hands head of operations Fletcher director role
The Insurance Fraud Bureau has appointed head of operations Ben Fletcher as director, with a remit to expand the bureau’s counter-fraud services.
HGV ‘crash for cash’ fraudster jailed
A gang member who deliberately caused a crash with a heavy goods vehicle to make a fraudulent insurance claim has been jailed for a year.
Ageas investigators expose bogus claimant four years after collision
A woman who lodged a £100 000 claim with Ageas for back injuries she supposedly sustained in 2009 collision has been ordered to pay back upwards of £19 000 after she was found to have pre-existing problems.
Covéa hands head of financial crime role to ex-police chief
Covéa Insurance has appointed Steve Jackson, former senior fraud manager at Zurich as head of financial crime.
Indian regulator asks for fraud review at insurers
The Insurance Regulatory and Development Authority in India has sent a letter to the chief executives of insurers and reinsurers in India setting out its fraud regulatory framework.
Fraud prevention: Capital punishment
It has been a year since the Insurance Fraud Enforcement Department opened for business in the City of London. Is the specialist team living up to the hype?
Insurers hit back at accusations of stricter policies on claims payouts
Tensions have erupted between the broker and insurer trade bodies after the British Insurance Brokers' Association took to breakfast television to air members' complaints about insurer policies on paying claims.
ABI hits back at Biba claim regarding increased payout battle
The Association of British Insurers has rejected the view expressed by the British Insurance Brokers' Association that the challenging economic climate has led to insurers adopting a stricter policy interpretation.
Teen 'ghost broker' sentenced to 12 months
A teenager who sold worthless vehicle insurance on Gumtree has been handed a 12-month conditional discharge at City of London Magistrates' Court.
View from the Top: Seize the moment
New year, new impetus for motor insurers to be ambitious and press for further change, says Andrew Torrance.
Editor's comment: Prioritising prevention
There are occasions when expert commentators would prefer their long-term predictions to never come true.
Crash for cash gang guilty of orchestrating fatal collision
Five men have been found guilty for their part in a 'crash for cash' collision in which an innocent motorist was killed.
Validus launches anti-fraud software
Validus-IVC has launched its own credit hire anti-fraud software following a two-year trial period with 21 insurance clients.
View from the top: Brave new pain-free world?
A balance must be struck to protect genuine whiplash claims while reducing frequency and cost, says Tony Emms.
Data protection rules must accommodate insurers says Insurance Europe
The European Commission's proposed new data regulation could have unintended negative consequences for insurers and consumers, Insurance Europe has warned.
Lifestyle Services fraud boss joins Cifas
Fraud prevention service Cifas has appointed the head of fraud investigations at mobile phone insurance provider Lifestyle Services Group as chairman of its insurance sector working party.
LV legal fight sees man who invented collision jailed for eight months
A county court judge has warned contrived collision fraudsters to "take heed" after jailing a driver who attempted to claim for a car accident that never happened.
HDFU trawls through historic data to launch risk profiling model
The Hill Dickinson Fraud Unit has developed a fraud risk profiling model that assesses risk and scores individual motor claims and the claimants within them.
Fraudulent family told to pay back ill-gotten gains following IFB action
A deceitful family that plotted to cheat insurance companies by submitting dozens of fake household, pet and motor claims has been ordered to pay back more than £278 000.
Telematics: Revolution on the roads?
Telematics has finally arrived, and most insurers and large brokers announced pilots or launches this year. Yet insurers are still only dipping their toes in the water.
HSBC India faces legal action over allegation of insurance fraud
An HSBC shareholder is threatening legal action against HSBC India for insurance fraud, pending the outcome of a regulatory investigation.
CRIF links with HPI and Tracesmart for fraud tools
Fraud solutions provider CRIF Decision Solutions has inked deals to provide customers with anti-fraud data through vehicle identification and consumer profiling.
QBE wins contempt of court case against PI fraudster
A man who attempted to make a fraudulent personal injury claim against his QBE-insured employer Airbus has been sentenced to six months in prison.