Fraud
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.
Fraud 2012: False hearing loss claims 'easy to disprove'
The insurance industry faces an increase in fraud relating to hearing loss, pet and gadget insurance and arson over the next two years, and has been urged to challenge these threats in a post-Jackson world.
Fraud 2012: IFED courts Lloyd's players
Nine Lloyd's syndicates are in talks with the Association of British Insurers with a view to signing up to use the Insurance Fraud Enforcement Department.
Italy - land of opportunities
Recent research shows that car insurance in Italy costs five times the European average, underinsurance is rife and the government is scaling back on its intervention. Liz Booth investigates whether there are any opportunities for foreign insurers.
Investing in the Profession: Young Questgates employee gains accredited counter-fraud specialist status
Questgates has become the latest firm to demonstrate its commitment to employee progression after proudly declaring last week that a young member of its counter-fraud team has been granted accredited counter-fraud specialist status.
Household insurance roundtable: Providing clarity over questions
The Consumer Insurance (Disclosure and Representations) Act will bring fresh rigour to household insurance underwriting. Post gathered a group of experts to debate what the incoming legislation means for the market.
Post magazine - 18 October 2012
The latest issue of Post is now available to subscribers as a digital and interactive e-book.
Insurers welcome landmark victory in pursuit of contempt of court charges
Insurers are expected to pursue contempt of court charges with renewed enthusiasm in fraud cases after a judge's decision to strike out an entire third-party claim, declaring that a woman's exaggeration of her injuries represented an abuse of process.
Loss assessor jailed after Zurich uncovers claims 'conspiracy'
A Liverpool-based loss assessor was jailed yesterday for 18 months for conspiracy to commit fraud by false representation.
IFB boss Bird hopes to add broker members as the AA comes aboard
Insurance Fraud Bureau director Phil Bird is confident that the decision by brokers such as the AA to become IFB members will help play a "vital role" in clamping down on organised fraud.
Putting the brakes on European motor fraud
Motor insurance fraud ranges from uninsured driving, to cash-for-crash scams and exaggerated personal injury claims. Anne-Louise Fogtmann investigates what European insurers are doing to tackle the problem.
Delta Lloyd to use Synerscope fraud detection software
Netherlands-based insurer Delta Lloyd has agreed a deal to use technology firm Synerscope's fraud detection software.