Fraud
Ex-Fortis fraud boss joins Groupama
Andy Pagett has been appointed by Groupama Insurances in the senior role of counter fraud manager.
Solicitors' PI: The road to reform
In recent times, the solicitors' professional indemnity market has been travelling a difficult path. Jane Bernstein examines the road ahead by taking a close look at proposed industry changes and the effect they may have.
Solicitors' PI - regulation: Making the grade
The imminent regulatory sea change in the legal profession offers the ideal opportunity to tackle the unpalatable issue of the assigned risks pool once and for all, asserts Tim Oliver. Sorting the wheat from the chaff early on would benefit all.
Solicitors' PI - block policies: Safety in numbers
Smaller legal firms can find it difficult getting professional indemnity cover in the midst of an economic downturn, but could there be a lifeline? Christopher Rooke takes a look at block policies and the advantages they can offer.
Serial insurance fraudster given four year sentence
A fraudster who tried to scam the insurance industry out of £10.5m in claims has been jailed for four years.
Fraud deterrent staff need to be given incentives
Employees tasked with the prevention and deterrence of fraud should be given incentives alongside their detection counterparts, if insurers are to develop a fully coherent and effective counter-fraud strategy.
Third-party fraud outside review scope
Law commissioner David Hertzell conceded the current ability for fraudulent third parties to only lose the dishonest part of their claim — rather than having to forfeit the whole — is "quite generous", but stressed this issue lies outside the scope of…
Postscript - 20 years ago: Fraudulent claims need handling
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 20 years ago reveals.
Industry called on to agree fraud benchmark
Assessing fraud exposure against competitors is the benchmarking 'holy grail' for insurers but, as yet, no common means for comparison has been found.
Claims management: Room for improvement
Getting the claims process right is imperative for brokers and insurers. Sam Barrett looks at what tops the wish list when it comes to partnering with claims management specialists.
Mutual warns of rise in sheep rustling
Cornish Mutual has warned the high price of lamb could lead to a marked increase in claims for sheep rustling.
IFB extends Cheatline facility
The Insurance Fraud Bureau has increased the operational capacity of its Cheatline facility.
Law firm backs new fraud bureau
Hill Dickinson is working in partnership with the new National Fraud Intelligence Bureau to help police crack down on serial fraudsters.
Identity fraud: Tolerance levels
With technological advances arguably making insurers more susceptible to fraud at the underwriting stage, should validation techniques be learned from banks? Amy Ellis examines the issue of fraud at the front end.
BIS countdown - business transformation: Adapt to survive
Insurers can adapt to survive the unprecedented changes ahead by looking at other sectors, such as the automotive industry, which have already suffered the twin stresses of global competition and enhanced customer expectations, claims Keith Aylwin.
Swiftcover to check history of applicants in fraud crackdown
Swiftcover has said that it wants to crack down on drivers who lie about previous claims to get cheaper insurance by automatically checking the claims histories of applicants.
Legal update - motor fraud: Paying the cost
Pursuing a non-party for costs should not be taken lightly, but it could prove a powerful deterrent when fighting fraudsters. Craig Nunn explains.
Fraud - travel insurance: The Achilles heel
As the third package tour operator since July collapses, Nikki Grieve-Top highlights the importance of travel insurance but also warns of its vulnerability to fraud.
Postbox: Exclusion key to fraud prevention
Richard Davies' article 'Time to share fraud data' () highlights an age-old problem: that insurance fraud is ok for many policyholders — unless they get caught. But why not exclusion?
View from the top: Commercial reality check
The most recent round of financial results from across the market has provided further proof, if more were needed, that commercial insurance is being sold too cheaply. Indeed, this has been the case for far too long. Action to address this is a matter of…
VFM announces £40m saved in fraud detection
VFM Services has revealed it has topped £40m in savings for its clients since 2004 - almost entirely related to sub £5k claims.
Automotive finance fraud hits four year high
Automotive fraud rose by 35 per cent in the first half of 2010, overtaking attempted mortgage fraud in the second quarter to reach its highest level since early 2006, according to Experian.
Swiftcover cracks down on claims
Swiftcover has said it wants to crack down on drivers who lie about their previous claims to get cheaper insurance.
Insurance Fraud 2010
Hear the latest initiatives on combating insurance fraud from Aviva, Allianz, Axa, Experian, the Insurance Fraud Bureau, the Financial Ombudsman Service and others at Post's Fraud 2010 conference later this month.