Fraud Analysis
Briefing: Fraud red flag will remain for personal injury claims despite OIC portal launch
Personal injury fraud is ready for its next evolution as the countdown to 31 May continues
‘Unintended consequences’ of whiplash reforms inevitable says MoJ
At Insurance Times’s first Fraud Charter event of the year - held virtually - delegates debated the ins and outs of the new whiplash portal
Briefing: Will CMCs morph to adopt motor focus post-whiplash reforms?
This month’s Fraud Charter virtual roundtable unpicked how claims management companies could evolve following the implementation of the first part of the whiplash reforms in May – it appears there is still fertile ground here for the FCA to tend
Reform ban on pre-medical offers could lead to arrangements that aren’t ‘in the spirit of the rules’
As the government confirms that pre-medical offers will not be allowed for whiplash injuries after 31 May, Insurance Times explores how insurers may seek to circumvent this
Post-Grenfell surveyor PI challenges – opportunity or risk for insurance?
In the aftermath of the Grenfell Tower fire, the EWS1 form was created to address fire safety issues, however a lack of professional indemnity insurance for the surveyors that sign off this form has thrown another spanner in the works. Could finding a solution be a key opportunity for brokers ...
Briefing: Insurers must be ‘mindful’ of recession-induced fraud
Insurance companies need to issue a war cry to customers, using transparent communications and fraud education to work together to stamp out Covid-linked fraud
Revealed: Insurance Times Awards 2020 – winners and reaction
Insurance Times was back again yesterday for the last of its virtual awards ceremonies of 2020 as it celebrated innovation and excellence across general insurance, did you make the cut?
FCA ‘still worried about’ poor behaviour by claims management companies
Industry experts notice a more aggressive approach from CMCs, including cold calling, but the FCA confirms it is looking to stamp out bad habits in this section of the insurance market
The Big Question December 2020: What challenges and opportunities do you expect for 2021?
At the end of a challenging year that included the FCA test case, the switch to remote working and ongoing problems in classes such as professional indemnity, all against the backdrop of the Covid-19 pandemic, Insurance Times asks the industry what obstacles and opportunities they foresee for the year ahead
Sedgwick advocates joint machine and human approach as false document fraud surges
The loss adjuster has seen an uptick in false document fraud during lockdown
Covid-19 claims yield abundant harvest for claims farmers
Online fraud and cyber scams soar during pandemic lockdown but insurance for it 'fairly new'
How data is transforming home insurance for a Covid-19 world
Cyber Focus: Data exfiltration boosts ransomware risks with reputational threats
Cyber Focus: How can insurers protect themselves from cyber crime?
ThingCo aims to expand globally after tapping telematics veteran Martin Williams as new COO
Covid-19 pandemic has created ‘an opportune market for ghost brokers’
Claims Excellence Awards 2020: Fraud solution finalists outline best-in-class USPs ahead of awards event
Financially stressed policyholders are a ‘moral hazard’ leading to increased claims
Fraud Charter: Lockdown home working increases risk of insider insurance fraud
Fraud Charter: Insurers need to engage with supply chain to avoid fraud temptations
Fraud Charter: May 2020
etrading Q&A: Commercial risks could fluctuate due to Covid-19 pandemic says SSP
The Briefing: Coronavirus impacts on GI – Is the insurance sector caught in the crossfire of Covid-19 pressures?
Covid-19 boosts opportunistic insurance fraud, says BAE Systems
Fraud Report
Fraud News
Insurance Times’s Tech and Innovation Awards 2021 open for entries
With a total of 15 categories, 11 of which can be entered, don’t miss out as Insurance Times returns with the Tech and Innovation Awards
Whiplash reform rules are ‘cumbersome’ and reflect ‘a big change coming’ – Sabre
The insurer’s chief executive further believes policyholders may not reap the expected premium discounts following the implementation of part one of the whiplash reforms this May
360Globalnet warns UK motor insurers of unforeseen data ‘quicksand’ from OIC portal
The insurtech has warned that free text data entry in the new Official Injury Claim portal could lead to insurers being overwhelmed by data
DAC Beachcroft saves Aviva more than £12m in 2020 by identifying fraudulent motor claims
2020 also saw ‘significant changes’ in the types of motor claims fraud
