Analysis

Briefing: Can the insurance sector take a leap of faith to deliver fraud strategy?

By 2025-10-29T09:00:00

teamwork, collaboration

The insurance industry has always been extremely reluctant to share data, creating a challenge for the IFB’s bold new strategy

Rarely does a week go by without another warning over the rising levels of insurance fraud.

From the current issues with crash for cash moped schemes, where scammers look to obtain driver details to take out bogus insurance policies, to opportunistic claims fraud, the industry is embroiled in a constant fight against fraudsters.

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