Fraud

Contract law in consultation

The Law Commission is considering amending insurance contract law to allow insurers to seek damages from fraudulent policyholders.

Commissions mull good faith principle

The Law Commissions of England and Wales and of Scotland have ask what should happen if a policyholder makes a fraudulent claim on their insurance, and call for clarity in the existing law.

Technology - E-certificates: Certifiable progress

Jakki May explains that changes to the law regarding e-certificates for motor insurance mean that the industry can now make headway in dispensing with old-style postal delivery, potentially saving millions on printing while also reducing fraud.

Start-up seeks to aid genuine claims validation

An initiative that aims to help claims handlers make faster, informed decisions to validate a claim or pass it on for further investigation, has been launched by Stuart Dennis, chief executive of fraud management company TCF Corporate.

Insurance Fraud Awards

The second annual Insurance Fraud Awards will be held on 21 October at the Grand Connaught Rooms, London, to recognise the industry's continued efforts to tackle fraud and encourage the spread of best practice and excellence across the sector.

Ordnance survey mapping to detect fraud

OS Open Data, Ordnance Survey’s mapping and data portal, allows banks and insurance firms free access to key geographic datasets for the first time.

Post in print - 10 June 2010

Post reporter Amy Ellis outlines this week's major news stories from Post including: government move over midwives; brokers unite for covenant code; Cooper Gay IPO; Money Supermarket fraud action; and Hyperion flotation insight.

Fraud - World Cup warning: Eye on the ball

Major sporting events are a magnet not only for fans but also financial criminals. Mark Jones explains how South Africa has a secret weapon to bolster its defences as the 2010 football World Cup kicks off.

Postbox: Validation is not onerous

Groupama Insurances counter-fraud manager Stephen Teeling's recent article 'Getting to know you' raises a valid argument that the insurance industry should follow the example of the major banks and put in place industry-wide practical validation measures…

Insurance Fraud Awards 2010 - call for entries

Entries for the Insurance Fraud Awards 2010 are now open. Now in their second year, these prestigious awards recognise the general insurance industry’s efforts to combat and prevent fraud and encourage the spread of best practice and excellence across…

SFO drops AIG case

The Serious Fraud Office has dropped an investigation into the UK operations of AIG Financial Products.

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