Fraud
Motor premiums rise and fall as competition hots up
Average car insurance premiums for directly sold policies have risen by 8.5% over the past 12 months, while the average premium on policies sold on aggregators has fallen by 3.3% in the same period.
Former broker fined £471 846 for misappropriating premiums
The Financial Services Authority has banned and fined a former commercial insurance broker who used clients' insurance premiums to fund his business.
IFB investigations lead to arrest of trio on suspicion of identity fraud
The Metropolitan Police has arrested three suspected identity fraudsters following investigations carried out by the Insurance Fraud Bureau into the insurance records of 579 possible fraudsters.
Chinese fraud poll
Is insurance fraud as much a problem in China as it is in some parts of Europe?
Your say: Throw out partially false claims
Zurich is to be congratulated on fighting the good fraud fight through the Supreme Court and achieving a successful outcome in the case of Fairclough Homes v Summers, says John Freeman.
Huge opportunities for anti-fraud measures in China, says FICO
Chinese non-life insurer Huatai was hailed as a pioneer this week after it became the first insurer in the region to deploy insurance fraud protection. John Chen, managing director of FICO, which provided the anti-fraud solution, spoke to Insurance…
Application fraud: Slow steps in an industry-wide challenge
Brokers champion the idea of tackling fraud at the application stage, but what are they actually doing about it?
Expert analysis: The return of motor madness
The push for volume in motor has started again, with a fall in rates for a fourth consecutive quarter, while home is proving more resilient, says Tom Cooper.
IFB to share data with local councils in new pilot
The Insurance Fraud Bureau has signed a new intelligence sharing agreement with local authorities' National Anti-Fraud Network Data & Intelligence Services.
Huatai is "first Chinese firm to deploy fraud protection"
Chinese property insurer Huatai is to use Fico Solutions’ fraud protection product in an effort to reduce losses from auto insurance claims fraud and accelerate its claims processing.
Personal Lines Broking: Feeding the phoenix
As brokers continue to reinvent themselves to remain a major force in personal lines insurance, it is up to insurers to help them flourish in this competitive market
Personal Lines Broking: Challenges on the horizon
After facing multiple threats that promised doom and gloom, personal lines brokers are ready to face down further challenges coming their way
Four arrested in suspected crash-for-cash bus fraud
Four men in Liverpool believed to be part of a suspected crash for cash scam involving a bus have been arrested.
Fraud prevention in mind as Admiral appoints supplier CRIF
Admiral has appointed CRIF Decision Solutions as its new supplier for the automation of processes to support fraud prevention during the purchasing process.
Results on the rise in record year for Hill Dickinson fraud unit
Hill Dickinson's fraud unit is celebrating a record year, following a 20% increase in instructions and an expansion of its client base to include more than 20 motor insurers.
Information essential to spur cyber market growth
Better research data and an incentive system could galvanise Europe's cyber insurance market, a report from the European Network and Information Security Agency claims.
ABI agreement ensures insurance-seeking motorists must quote licence number
The Association of British Insurers is hopeful of reducing fraud after reaching an agreement with the DVLA under which motorists must reveal their driving licence number when applying for insurance.
Roundtable: How can fraud be halted at the underwriting stage?
There has long been a focus on fighting fraud at the claims stage, but could more be done to discourage would-be fraudsters at an earlier juncture?
Zurich appeal dismissal opens door for insurers in fight against fraud
Zurich's claims fraud and investigations manager Scott Clayton, pictured, has vowed to "take the positives" from this morning's failed Supreme Court appeal by reinforcing the message that future fraudsters will face prison sentences.
Supreme Court judgment on 'game-changing' claims stance expected this morning
Zurich claims bosses are heading to the Supreme Court this morning for the landmark judgment into whether the firm is permitted to refuse payment on the genuine element of a largely fraudulent claim.
Zurich video surveillance exposes fraudster
Zurich has released video surveillance footage showing that claimant Shaun Summers had faked his "life-changing" injuries.
BGL hires former financial crime boss for counter-fraud role
BGL has appointed Martin Croucher, pictured, as senior counter-fraud manager.
Don't delay: 2012 Insurance Fraud Awards deadline approaching
With 2500 new fraudulent claims detected each week, and many more going undetected, the fight against fraud is still a top priority for the insurance industry.
Property claims: Insurers must prepare evidence for court correctly
Fraudsters are wriggling out of criminal charges because insurers fail to provide courts with the necessary evidence, a legal expert has warned.