Insurance Post

IFB seeks to double staff numbers with 25% increase in industry levy

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The Insurance Fraud Bureau is to double its staff by increasing its industry funding levy income by 25% to £2.8m.

As a percentage of insurer fraud spending, the rise will take the IFB element from 2% to 2.5% but it will boost the IFB’s budget from £2.2m to £2.8m in 2012, with a further £150 000 added in 2013.

IFB

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