Insurance intercepts 230 fraudulent claims per day in 2023

Fraud scam

The Association of British Insurers has today revealed that £1.1bn worth of fraudulent claims were detected last year, up 4% on 2022.

In 2023, 84,400 fraudulent claims were identified, 16% (11,800) more than the previous year. The average value of each claim was £13,000, this fell from £14,600 in 2022, but 2024’s figure is the

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