Fraud
Claims - prize indemnity: who dares wins
In a sector where rates have held up well, due in part to limited appetite to write such business, Amanda Lewis discusses the art and science of prize indemnity cover.
Directors jailed for £1m insurance fraud
Two directors at the centre of a £1m insurance fraud have been jailed for a combined sentence of 10 years at Southwark Crown Court.
Axa: Men more likely to exaggerate an insurance claim than women
Axa has reported a rising trend in exaggerated claims.
Crash-for-cash trio set for sentencing
Three members of a crash-for-cash gang are awaiting sentencing after being found guilty of conspiracy to defraud.
Legal update - jury trials: judge, jury and compensation
Personal injury claimants in Scotland have long enjoyed the right to a jury trial to determine liability and damages, but record-breaking awards over the past six months has seen their popularity with claimant lawyers surge. Julie Keenan looks at the…
Insurers need to hit the street to fight fraud
Insurance companies are not carrying out enough street-level enquiries during their investigations into fraud, Brownsword Group director Roger Bescoby has claimed.
Cotswold buy opens doors for G4S in UK fraud market
International security firm G4S Secure Solutions has branched into insurance fraud surveillance and investigation for the first time in the UK, with the acquisition of The Cotswold Group.
Motor: real time pricing
Intermediaries remain a significant distributor of motor insurance but, if profitability is to be secured, Laurence Walker says new underwriting models must be embraced.
Hastings and Admiral weigh up fraud tool
The Surveillance Group is set to launch a new smart key forensic service aimed at helping motor insurers detect fraudulent theft claims by providing "incontestable" evidence in court.
Identify theft boom for insurance policies
Identity fraudsters are increasingly targeting insurance policies stolen from consumers according to new research.
Motor price hikes forcing drivers to withhold info
Sharp rises in motor insurance premiums are prompting more drivers to withhold information, as rising costs make insurance unaffordable for some, the AA has warned.
Identity fraudsters target motor insurers
Fraud rates in the insurance sector remain in line with full year figures for 2008 and 2009, according to a new report published by Experian.
Keoghs: Insurance fraud spreading beyond city walls
The tough economic climate and improving fraud investigation techniques have resulted in a significant increase in suspicious claims across England and Wales, according to Keoghs.
AA: Young driver insurance premium rises are "unsustainable"
The sharp rises in motor insurance premiums are leading to more drivers withholding information when taking out a policy or exaggerating personal injury claims, the AA has warned.
IFB looks to industry for guidance
The Insurance Fraud Bureau (IFB) is inviting customers and industry bodies to input and exercise influence as part of a consultative exercise to assist in formulating its future direction and long term strategy and considers options for extending its…
Value of FSA fines trebles to £96.7m
The value of fines handed to businesses by the Financial Services Authority has trebled in one year from £33.1m to £96.7m.
G4S acquires Cotswold Group
G4S Secure Solutions UK & Ireland has strengthened its covert surveillance and investigations capability with the acquisition of The Cotswold Group.
Chartis to hand fraud file to police
Chartis has issued instructions for a file to be handed to police relating to a £200 000 motor insurance fraud case.
News analysis: shaking up the aggregator market
Google buying Beat That Quote has given the aggregator market a shake-up, claims Tom Cooper, as the 10 million quotes per month barrier is broken.
Interview - Michael Walter & Edward Maddison: Engaging the next generation
Lynn Rouse talks to ASL's Michael Walter and Edward Maddison about expanding horizons, operational expertise and engaging the firm's next generation.
Postbox: industry needs government help on fraud
The landmark civil judgment in the case of Israr Hussain Shah, as reported in Post over the past fortnight, highlights a worrying issue for the industry.
Aggregators join ABI and Biba in fraud fight
Aggregators have joined forces with the Association of British Insurers and British Insurance Brokers' Association to publish new guidance on online application fraud.
Exclusive partnership deal struck for fraud investigation
Cunningham Lindsey and The Surveillance Group have signed a partnership agreement in a bid to create a market-leading fraud investigation unit.
Aggregators join ABI and Biba in fraud fight - Insurance News Now – 7 April 2011
Post reporter Amy Ellis outlines this week's major general insurance stories including how aggregators have teamed up with the Association of British Insurers and the British Insurance Brokers’ Association in a bid to fight fraud.