Claims and Underwriting Exchange (CUE)
Throwback Thursday: Cue’s success and Lloyd’s IT puzzle
Insurance Post’s Throwback Thursday returns to February 1995, reminding you what happened this week in insurance history, when Cue was already spotting fraud, and Lloyd’s was struggling with IT.
Digital: Snooping in the age of social media
The access that private and public bodies have to our personal data has been a continual point of debate in the electronic age and the current passage through the Houses of Parliament of the Investigatory Powers Bill is a case in point
Fraud 2015: Collaboration is sharing knowledge not just data
There are too many databases and not enough pressure on the Claims and Underwriting Exchange to tackle fraud, Covéa Insurance’s head of financial crime told delegates at the Fraud Summit.
Blog: Giving consumers a ‘nudge’
John Marsden, fraud and identity expert at Equifax, examines how ‘nudge’ theory can be applied to the insurance industry to tackle point of quote and claims fraud
Point-of-quote fraud predicted to rise in new survey
A new study reveals that 42% of insurance professionals believe point-of-quote fraud has risen over the last 12 months. Nearly two thirds (63%) think this type of fraud will continue to rise in the next five years.
Expertise In Action - Big data: Thinking big
‘Big data’ has long been hailed as the next big thing in insurance – so why have firms been so slow to harness its undoubted potential?
In Series: Data: Weeding out fraud
With organised fraud costing the insurance industry an estimated £392m a year, is increased use of data the key to winning the battle?
C-Suite broker: Solving fraud through collaboration
Some criminals are moving from smuggling drugs to smuggling ivory, as the chances of getting caught are lower and the penalties more lenient.
Insurance Fraud Register Ready for lift off
First formulated in 2009, the Insurance Fraud Register is finally ready for launch. Will it create a sea change in the way the industry tackles fraud?
In Series: Personal Lines: First line of defence
Insurers should embrace the power of data to detect and prevent fraud at an early stage.
View from the Top: Opportunities for intermediaries
Brokers can strengthen their position by harnessing the data their insurer partners demand, says Will Price.
Loss adjuster access to Insurance Fraud Register could be similar to CUE
Loss adjusters have welcomed plans to give the sector access to the Insurance Fraud Register.
Tackling fraud is a 'source of competitive advantage', says IFB boss
The director of the Insurance Fraud Bureau, Phil Bird, pictured, has said that tackling fraud has become an "integral part of an insurers' business plan".
News analysis: Application fraud to top the agenda for motor insurers in 2012
The New Year’s resolution for many motor insurers is to tackle application fraud with the same force they have brought to bear on crash-for-cash fraudsters. “Staged motor accidents remain the top priority, but application fraud comes second,” according…
News analysis: IFB’s three-year strategy wins financial backing from insurers
The Insurance Fraud Bureau is to more than double in size in its crackdown on professional enablers.
Technology: Time for an upgrade
The insurance industry has been out of step with technological advancement in the past, but can it break that trend in the future?
ABI mulls development of no-claims discount register
The Association of British Insurers is considering setting up a no-claims discount register in the wake of the creation of the industry’s Insurance Fraud Register.
Post history – 10 years ago: Database scheme for all UK claims
Looking through Post’s back catalogue paints a unique picture of more than 150 years of insurance news, as this highlight from 10 years ago reveals.
Spotlight on: Insurance scores - Number crunching
Looking at the links between credit data and insurance behaviour is unusual in the UK, but this could be about to change, claims Sam Barrett, as insurers look to develop the data sources they use.
Interview - Peter Winslow: Best at building
Backed by an armoury of well-known brands, BGL CEO Peter Winslow tells Lynn Rouse about pan-European aggregation, acquisitions and why there is plenty of life in meerkats yet.
IDSL adopts managed services model
Insurance Database Services Ltd has entered into an agreement with Motor Insurers’ Bureau Management Services for the provision of infrastructure and management services.