Fraud
Post magazine – 5 May 2011
The latest issue of Post magazine is now available to subscribers as a digital and interactive e-book.
Hastings seeks to combat fraud with Equifax deal
Hastings Direct, a division of Hastings Insurance Services, has signed a significant new one year contract with Equifax.
Eight convicted after car insurance fraud scam uncovered
A total of five men and three women, from across the UK, have been convicted at Leicester Crown Court for their part in a car insurance fraud scam worth tens of thousands of pounds.
Law report: cross examination key aid in tracking fraudster assets
This law report has been contributed by national law firm Berrymans Lace Mawer.
In series - first-party fraud: would they lie to you?
Third-party claims fraud may make all the headlines but insurers are increasingly targeting customers who seek to abuse the applications process. Jane Bernstein investigates.
Post history - 10 years ago: ABI TV ad campaign considered
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this article from 10 years ago reveals.
In series - first-party fraud: keeping fraud in check
Writing quality risks in volume, while giving customers great customer service and preventing fraud, is a never-ending struggle, but new checking systems can help insurers strike the right balance, writes Graham Odiam.
Cash-for-crash gang jailed
Three members of a Luton-based cash-for-crash gang operating a £5.3m insurance scam have been jailed.
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.