Allianz: £5m spent on litigation is ‘priceless’ in terms of deterrent effect
Allianz spends an average of £5m every quarter defending against spurious claims, but last quarter saved £2.5m.
However, Sarah Mallaby, head of technical claims, said the amount spent on litigation was "priceless" in terms of deterrent effect on potentially fraudulent claims.
In the first quarter of the year
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