VFM announces £40m saved in fraud detection

A pile of coins with two magnifying glasses

VFM Services has revealed it has topped £40m in savings for its clients since 2004 - almost entirely related to sub £5k claims.

The firm is currently marking 10 years of fraud detection in the insurance industry.

It added that 61%of those claims identified as high risk result in nil settlement.

Head of operations, Steve

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