Fraud
Your Say: A step in the right direction
The tentative approval by the Forum of Insurance Lawyers regarding the Association of Personal Injury Lawyers’ proposal for eliminating fraudulent whiplash claims (‘Apil urged to put words into action on whiplash fraud elimination plan’, www.postonline…
Foil seeks collaboration with industry specialists in bid to maintain relevance
Association proclaims ‘important step for industry harmonisation’
IFED and IFB head to parliament
Members of the Insurance Fraud Enforcement Department and the Insurance Fraud Bureau gave an update on their fight against insurance fraud at the All Party Parliamentary Group on Insurance and Financial Services today.
Five suspected insurance fraudsters arrested in Sunderland
Northumbria Police have arrested five suspected insurance fraudsters after a search at an accident management company in Sunderland.
Insurance Fraud Bureau hunting for permanent director
The IFB is recruiting for a permanent director to replace Phil Bird as part of the "second phase" of a three-year plan.
'Crash for crash' gangs increasingly target rural drivers
Rural insurer NFU Mutual has warned that motorists in rural communities are increasingly becoming targets for 'crash for cash' fraudsters.
'Crash for cash' costs policyholders £400m each year
One in 12 people would consider taking part in a 'crash for cash' scam, costing policyholders almost £400m each year, according to a report published today by the Insurance Fraud Bureau.
HCB liability play boosted by investment
Healthcare and risk management specialist Health Claims Bureau plans to double its revenue in two years by targeting new business in the liability insurance sector.
John Lewis brings committal proceedings against alleged motor claim fraudster
The High Court has allowed John Lewis to proceed with its application to put a suspected phantom passenger on trial for contempt of court.
Your say: Walk-away fraud must be proved
Claimants who withdraw or do not pursue claims are not necessarily fraudsters, says Steve Jackson.
In Series: External data perception - Trust is key
Insurers must instil faith in customers that personal data will be used carefully and responsibly, or risk missing out on data’s many benefits.
Editor's comment: Harmony at last? Maybe not...
Last week was busy for insurers at Parliament. First, something unusual happened in Westminster's corridors of power that could spell good news for the insurance industry.
Kwik-Fit backs Insurance Fraud Register
A quarter of insurers do not think the industry is collaborating enough to tackle fraud, according to Kwik-Fit Financial Services.
Your say: Walk-away data needs safeguards
Non-claiming fraud poses new challenges for the insurance industry, warns John Freeman.
In Series: Data Sharing - Sharing is caring
Data sharing among insurers offers a range of benefits, but could firms' desires to retain a competitive edge hamper such collaboration?
Hill Dickinson warns on non-claiming frauds
Data from unpursued claims should be better used to combat future fraud, according to commercial law firm Hill Dickinson.
Police arrest six 'crash for cash' suspects
Gwent and South Wales police have detained six people following an investigation into suspicious claims referred by insurers and the Insurance Fraud Bureau.
IFED charges seven 'ghost brokers'
The Insurance Fraud Enforcement Department has charged seven people with conspiracy to defraud and other fraud related offences.
Sri Lankan MP calls for action over bogus reinsurance arrangement
Sri Lanka Insurance Corporation is reported to have lost Rs.208m by entering into a bogus reinsurance agreement.
Lloyd's syndicates queue up to use IFED services
At least nine Lloyd's syndicates are understood to be in talks with the Association of British Insurers and the Insurance Fraud Enforcement Department with a view to using the service.
Fraud 2012: Fraudsters target insurance because it's 'easy'
Fraudsters target insurance "because it is easy", according to Professor Martin Gill, director of Perpetuity Research International.
Fraud 2012: Don't overuse meta-data, BLM warns insurers
Insurers must be cautious not to over-apply for evidence drawn from telematics technology when building fraud prosecution cases, according to partners at law firm Berrymans Lace Mawer.
Fraud 2012: App fraudsters 'going back to basics' to beat security
The role of brokers in weeding out application fraud is to grow as improvements to online security drive fraudsters back to phones and branches, according to a panel of industry experts.
Fraud 2012: Fraud register will be extended to loss adjusters
The Insurance Fraud Register could be used as a template by the Home Office to roll out a UK-wide anti-fraud checking service.