Fraud
Open GI and Experian launch fraud-check service
Software provider Open GI and information services firm Experian have launched a service to help brokers and insurers combat fraud.
Allianz warns on undetected fraud
The insurance industry should take the fight against fraud to other business lines in order to tackle undetected fraud, Allianz has warned.
Fraud costs the industry £1.1bn a year
Fraudulent insurance claims uncovered by insurers have topped £1.1bn a year as the industry’s clampdown on insurance cheats intensifies, according to a figures by the Association of British Insurers.
Keoghs increases fraud savings by 26%
Counter-fraud legal services provider Keoghs said today it helped insurers avoid paying £156m on suspected fraudulent claims in its last financial year – a 26% increase on 2012.
Zurich launches policy validation unit for brokers to help tackle fraud
Zurich has launched a dedicated policy validation unit in a bid to help personal lines brokers tackle fraud at the quote stage.
The Insurance Fraud Awards shortlist 2013
Growing once again in popularity, the fifth annual Insurance Fraud Awards received a record number of entries and we are delighted to announce the shortlist.
Ghost broking battle gains impetus as Gumtree closes insurance platform
Brokers welcome the decision to dispense with the category
Penny Black's Insurance Week - 25 July 2013
Preventing a breach of data is high on the agenda for most companies in the insurance industry, but it seems London’s cabbies are the real protectors of sensitive information.
Household: On shaky ground
With cracks beginning to show in the profitability of the household insurance market, is the sector set to crumble or are its foundations solid enough to see it through?
Post Blog: The anatomy of an opportunist
What does the typical non-organised household insurance fraudster look like and what steps should the industry be taking to stop them? Sally Griffiths investigates.
Slough top fraud spot in UK – Keoghs
Slough has been identified by law firm Keoghs as the top UK spot of fraud activity based on claimant location.
Fico close on UK fraud deal after ‘bake-off’ success
The vice president of Fico’s global insurance and healthcare practice has revealed that it is close to striking a major deal in the UK counter-fraud space having "blown insurers away" with its latest offering.
Law report: Previous conviction found to be relevant by Court of Appeal
This law report was contributed by law firm Berrymans Lace Mawer.
Telematics: Ask the experts
Insurers should be wary of rushing into the telematics market alone – pricing, legacy technology and cost mean collaborating may be a wiser strategy.
In Series: Claims: Problems shared
In a price-sensitive environment, can claims service with an emphasis on communication play a role in retaining customers?
TV boss waits for sentencing over insurance con
A UK-based Bengali TV channel boss is facing jail time for accepting at least £500 000 from a crash-for-cash scam knowing the money had been conned out of insurance companies.
In Series: Claims: A step ahead
The industry must work together in the fight against insurance fraud.
In Series: Claims: Investigating the investigators
What will the FCA’s examination of insurers’ use of private investigators uncover – and will it affect industry efforts to combat fraud?
Whiplash fraud “minimal” in Hong Kong says Kwiksure
Suspected whiplash frauds remain minimal in number in Hong Kong according to data from Asian broker Kwiksure.
Police stop one man’s three-year motor-fraud spree
Police in China finally caught up with a man who crashed a car on average every three days for almost three years as part of an insurance scam.
Ex-DAC Beachcroft partner joins BLM fraud team
Berrymans Lace Mawer has appointed new partner Joanna Keogh to its national fraud team.
Engineer jailed for fraudulent claim
An engineer who tried to claim £900 000 from RSA after suffering an accident at work has been jailed for eight months after pleading guilty to committing fraud.
IFB boss Fletcher welcomes fraud sentencing consultation
Insurance Fraud Bureau director Ben Fletcher has hailed a consultation from the Sentencing Council to set new guidelines for fraud.