Spotlight: Fraud – Will the cost-of-living crisis lead to more fraud?
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With the cost-of-living crisis escalating for many households as winter approaches, the insurance sector is preparing itself for a wave of fraudulent claims from both opportunistic and organised sources. Eleanore Robinson reports.
A recent survey by Insurance Post found that 98.1% (see figure one)of respondents believe the current economic conditions in 2022 will impact organised and opportunistic fraud volumes.
The research
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