Fraud
C-Suite - Insurer: Still much more to do
Whiplash reforms can – and should – be broadened to other types of injury.
Crash-for-cash pair handed prison sentences
The leader of a crash-for-cash scam and his driver have been sentenced to more than five-and-a-half years in prison.
Policy application poll 'encouraging' for Zurich as consumers opt for truth
Zurich has been encouraged by the results of a survey that found 87% of adults polled would not be prepared to lie in an attempt to save money on an insurance policy.
Post Intelligence Docu-Video: How can the industry tackle application fraud?
While claims fraud continues to grab the most headlines, insurers and brokers are now focusing as much attention on fraud at the point of quote.
IFB cheatline heading for record year of public fraud reports
The Insurance Fraud Bureau’s cheatline is on course to eclipse the record number of reports it received from members of the public in 2013.
Norfolk businessman found guilty of intent to defraud Allianz of £2m
A business owner has been found guilty of burning down his Norfolk bathroom and kitchen showroom two years ago in an attempt to claim more than £2m from Allianz.
IFB assists on 1000 fraud arrests
Police have this morning made the 1000th arrest as a result of result of information and support provided by the Insurance Fraud Bureau.
Insurers call for ‘fundamentally dishonest’ wording to be scrapped
House of Lords agreed to clause 45 of Criminal Justice and Courts Bill
Covéa partners with VFM for fraud detection
Covéa has completed a deal with VFM to improve fraud detection across the insurer’s business.
Former Bupa claims boss slapped with £5k compensation order
A Bupa claims manager who was convicted of stealing thousands from his employer has will pay £4800 in compensation.
LV investigation leads to jail sentence for fraudster
A Wolverhampton-based fraudster has been sentenced to 12 months in prison after attempting to claim compensation for a crash-for-cash car accident.
Video: Claims edition – The Claims Portal
The Claims Portal was introduced for the insurance industry in 2010 after the Ministry of Justice mandated that personal injury claims falling within the scope of the pre-action protocols must be processed using the portal.
Video: Claims edition - Fraud
The value of fraudulent insurance claims uncovered by insurers rose to a record £1.3bn in 2013, up 18% on the previous year, according to figures released in May by the Association of British Insurers.
Northerners four times more likely to commit fraud
Residents of the North of Britain are four times more likely to commit fraud than their counterparts in the South according to figures from desktop counter fraud company VFM services.
Counter-fraud specialist Gracey goes solo
Crawford & Company's former counter-fraud boss Bobby Gracey has set up his own consultancy firm after quitting a senior role at the US investigation firm Global Options.
Insurance Fraud Awards 2014: Shortlist revealed
Today Post is pleased to reveal the shortlist for the 2014 Insurance Fraud Awards.
My Licence live on Open GI
Insurers can now access the My Licence hub through Open GI, with a number of panel insurers already signed up to the service.
Ageas updates rating process for van product
Ageas has changed the rating process for its Van Guard product pricing policies on the individual circumstances of the customer rather than a postcode.
MPs and insurers warned new licencing act may hinder fraud investigations
Insurers have been warned that the new licencing arrangements for investigators could prove a hindrance, not a help, to their fraud teams.
Absolute recruits former London 2012 cybercrime advisor
Insurance investigator Absolute Partnership has named one of the UK’s leading cybercrime experts as its new director of data and intelligence.
Ghost broker sentenced to three years in jail
A ghost broker who targeted Manchester students has been sentenced to three years in jail.
Banning pre‑med whiplash settlements is not cost-effective, insurers tell TSC
Insurers refute Mass claim that pre-med settlements invite fraud
Zurich calls for improved data checking among brokers
Brokers have been challenged to help maintain the fight against fraud after a survey by Zurich showed that almost a quarter of ID checks fail because customers’ dates of birth have not been entered correctly.
Southern Rock becomes latest insurer to join IFB
Southern Rock Insurance Company has become the latest member of the Insurance Fraud Bureau.