Insurance Fraud Bureau (IFB)
IFB joins forces with ICO in fraud fight
The Insurance Fraud Bureau has formalised its data-sharing agreement with the Information Commissioner’s Office in a bid to track misuse of personal data in insurance fraud.
Insurance scammers diversifying as crash-for-cash claims drop
Crash-for-cash claims have fallen by £60m since 2012, according to the Insurance Fraud Bureau, but liability fraud is on the rise.
Fraud specialists urge importance of mutually beneficial IFB affiliate model
Fraud experts have urged the Insurance Fraud Bureau to ensure its proposed affiliate membership model is mutually beneficial to existing and prospective members and that data security sits at the heart of the initiative.
IFB launches affiliate membership consultation
The Insurance Fraud Bureau has taken a step towards extending its services to defendant lawyers, private investigators and other industry suppliers, by launching a consultation on affiliate membership.
IFB to present business case to GIC in November
The Insurance Fraud Bureau is to present its business case to the General Insurance Council on 26 November with work to test the feasibility of identifying organised fraud networks in claims underwriting data expected to start this month (September).
High-tech fraud: Faceless threat
Fraud has gone high tech, with the potential damage that hackers using the internet can cause becoming a real danger. Now the industry is starting to use high-tech methods to fight back.
IFB's Cheatline received 500 reports per month in 2014
Honest consumers are taking a stand against insurance cheats by reporting known fraud cases to the Insurance Fraud Bureau’s confidential Cheatline, new data has shown.
Stepping up data sharing against fraudulent travel claims
As travel insurance fraud is becoming more frequent, the industry needs to step up monitoring and information-sharing, just like it has been doing to tackle motor and household fraudulent claims, says Mathew Crawford-Thomas.
Keighley pair jailed for £167,000 fraud scam
Two Keighley men who created insurance policies for people who did not exist and then submitted 300 false personal injury referrals worth £167,000 for made-up road accidents have both been jailed for four and a half years.
Dishonest motor insurance applications exceeded 4000 weekly in 2014
Insurers uncovered 212,000 attempted dishonest applications for motor insurance in 2014 - up 18% on 2013 and the equivalent to over 4000 every week, according to the Association of British Insurers.
Six-strong 'crash for cash' gang guilty of £5.6m fraud
A ‘crash-for-cash’ gang who attempted to con UK insurers out of £5.6m have been found guilty of conspiracy to defraud following a five-week trial at Isleworth Crown Court.
ABI finds 350 instances of insurance fraud per day
Figures from the Association of British Insurers have shown that insurance fraudsters commit 350 acts a day, totalling £3.6m in value.
Prolific fraudster jailed for 38 months for £33k Aviva con
A Birmingham conman who defrauded Aviva out of more than £33,000 and then went on the run to evade justice has been jailed for three years and five months.
CII unveils best practice to aid information sharing and tackle fraud
A data sharing initiative designed to speed up the process of exchanging claims information between insurers has been unveiled as part of the industry’s ongoing fight against fraud.
Industry bodies welcome sentencing of cash for crash scheme fraudsters
The Motor Insurers' Bureau and the Insurance Fraud Bureau have welcomed the sentencing of insurance fraudsters for staging elaborate ‘crash for cash' insurance scams totalling over £1m.
Blog: Should we look forward to the mandatory licensing of investigators?
New licensing regulations for third party private investigators aren't so much red tape as strategic defence, says CEGA'S head of special investigations, Simon Cook.
10 found guilty in £1m fraud scam
Ten people involved in a £1m crash-for-cash scam have today been found guilty of conspiracy to defraud at the Manchester Crown Court.
Motor Claims 2015 - speaker: Ben Fletcher
As director of the Insurance Fraud Bureau (IFB), Ben Fletcher leads the insurance industry's collective fight against organised fraud.
Commercial Lines Fraud: Commercial stumbling block
With the fight against fraud in personal lines being increasingly successful, fraudsters are beginning to target the financially viable commercial sector
IFB announces appointments to supervisory board
Zurich's UK chief underwriting officer Cecile Fresneau and RSA's head of claims control Mike Curley have been appointed to the Insurance Fraud Bureau supervisory board.
Intelligence sharing agreement between IFB and police to target criminal gangs is renewed
An agreement between the Insurance Fraud Bureau and the Association of Chief Police Officers to share intelligence on organised criminal gangs between the insurance industry and the police has been reviewed and renewed due to its ongoing success.
Market Moves - 15 January 2015
All the latest job moves in the insurance market.
ERS swoops for Rees to head underwriting fraud
ERS has appointed Linda Rees as underwriting fraud head as it looks to expand its anti-fraud measures.
IFB hires two for strategy implementation
The Insurance Fraud Bureau has hired a project manager and a business analyst to contribute to the implementation of its five-year strategy.