Fraud
Fraudster sentenced after admitting to making fraudulent claim against council
A fraudster has been sentenced to four months in prison after he admitted to submitting a false claims against Doncaster MBC.
Claims Club Blog: Cooperation can overcome conflict
There has been a long history of conflict between insurers and claimant lawyers. Shirley Woolham, chief operating officer at Minster Law, urges mutual understanding and cooperation.
Analysis: Arson: A burning issue
Only a small portion of arson cases are prosecuted, so perhaps it’s time for the insurance industry to take ownership of this issue, as it has with fraud
Week in Post: Cancelled flights, closed doors and canned ads
My dad was one of 400,000 passengers affected this week by air traffic control delays, bad weather and a backlog in employee holidays for the delay, which lead to budget airline Ryanair cancelling 50 flights a day for the next six weeks.
Blog: Don't turn your back on fraud-busting tech
Fraudsters never rest and Lior Koskas, managing director of Digilog UK, urges the industry to remain open to sharing in the latest risk identification tools and continually review procedures for fraud.
International: Battling cyber crime in ports and at sea
Susanna Marsden, claims executive at the TT Club, looks at the causes of cyber crime, risks to ports and ships, as well as the practical issues affecting insurers and brokers.
Analysis: D&O and the rise in securities class actions
Securities class actions are on the increase as law firms target smaller companies and focus on litigation related to initial public offerings
Ex-RSA employee sentenced after submitting £270,000 in fraudulent claims
An ex-RSA employee has been sentenced after pleading guilty to a number of fraud offences totalling to £270,000.
Law firms warned over handling of holiday sickness claims
Solicitors have been slapped with a warning over the handling of holiday sickness claims following evidence of rising fraud.
Analysis: Repair costs
The questionable practice of marking up at-fault repairs continues, despite resistance in some quarters. Will this status quo ever be challenged?
Analysis: How data is changing pet insurance
Telematics and the use of Big Data has been commonplace in the young drivers’ segment of the motor insurance market. Now the same approach to data collection and analysis is being introduced to pet insurance
Analysis: Pet insurance: fetching data
Customer profiling is key to accurately assessing insurance risk, capturing fraud and improving the pet owner’s insurance experience
Ransomware attacks account for 25% of all hacks across UK businesses
Ransomware hacks now account for 25% of cyber attacks in the UK, according to research.
CMC has license revoked by Claims Management Regulator
A holiday-sickness firm has had its license revoked by the Claims Management Regulator after it had encouraged holiday goers to fabricate gastric illness claims.
Personal injury claimant jailed for fraudulent claim against Hastings Direct
A personal injury claimant has been jailed for making a false claim against Hastings Direct.
Allianz employees given suspended sentences for leaking customer data to CMCs
Five people, including three Allianz employees who made £7000 from leaking more than 700 pieces of confidential data, have been sentenced for bribery offences.
More than half of insurers now use My Licence
With 52% of insurers using My Licence, the Motor Insurers' Bureau hit its adoption target for the platform in Q2.
BGL's Julia Walker-Smith on pooling intelligence and using data science to combat fraud
The insurance industry needs to share information about known fraud to prevent multiple teams from duplicating the same work, according to Julia Walker-Smith, associate director of fraud at BGL Group.
Fraudster sentenced after making 13 fraudulent claims worth £12,069
A fraudster has been handed an eight month suspended sentence and a compensation order of £2000 after making 13 fraudulent claims totalling £12,069.
This week in Post: M&A, Ogden misery and the Mobot
With London hosting the World Championships there has been a sports buzz about the city this week.
A-Plan's Carl Shuker on how to deserve customer trust
Insurers could create a panel of customer advocates to rebuild trust, recommends Carl Shuker, CEO of A-Plan Insurance.
Blog: Insurers must pursue exaggerated claims
A recent prison sentence for a claimant who exaggerated injuries, is proof that compensators should pursue this kind of fraud vigorously, writes Kieran Jones, partner at Weightmans.
Flood-hit business owner sentenced for fraud
A flood-hit shop owner has been ordered to pay compensation after attempting to falsely claim £107,000 from her insurer.
Analysis: The age of consent
Insurers will need to get the consent from their policyholders to collect their personal data, under regulation coming into force next year