Industry thwarted £25m fraudulent claims a week in 2016
The insurance sector thwarted 2,400 fraudulent insurance claims valued at £25m every week in 2016, according to figures from the Association of British Insurers.
ABI figures show that in 2016 insurers detected 125,000 dishonest insurance claims valued at £1.3bn. The number was down 5% on 2015, while their value fell 3%.
A focus on stamping out organised fraud
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