Fraud Analysis
Brokers reveal biggest challenges to selling cyber cover
With the risk of cyber crime ever increasing and evolving, the threat to UK businesses remains high but cyber insurance uptake is still comparatively low compared to the US, Insurance Times looks at the challenges brokers face selling the product and how to overcome the problem
Fraud Charter: ‘Help us stamp out bad CMCs’ – FCA’s plea to the industry
Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the Motor Insurers’ Bureau over the Litigants in Person portal, while the FCA updated the room about claims management company regulation
Cyber is a reputational disaster waiting to happen - Mactavish CEO
Mactavish chief executive predicts a world where the reputation of cyber insurance “gets worse” if the placement remains “not good enough”
Fraud Charter: Prevention is always better than cure
Educating consumers to stop seeing insurance as a grudge purchase would go some way to cutting fraud. But so too might be pointing out the consequences of a conviction
'Expect a major shift in fraud post-reforms,' former IFB boss warns
Jason Potter also predicts a “significant spike” in traditional fraud ahead of the implementation date next year
Automation promises better fraud claim detection, but do we still need humans?
Can an algorithm make spotting fraudulent claims easier, and by doing so does it complement or eradicate the human element?
Fraud Charter: No progress on the LiP Portal for months
Medco’s Susan Brown says Medco and the MIB is being held in limbo by the MoJ
December 2018 Big Question: What is coming in 2019?
The biggest names in the industry give their predictions for what lies ahead in the next 12 months
Five questions with: Mark Hudson, head of counter fraud at Horwich Farrelly
October big question: Is the industry collaborating enough to combat fraud?
SMEs are waking up to cyber threat, but are they buying cover?
Five questions with Mike Swanborough CEO Aioi Nissay Dowa Insurance
Phishing, silent cyber and ransomware – the growing threats
Whiplash claims fall as Parliament debates claimant curbs
Ghost broking – The growing fraud menace
Fraud Charter – Time is short for LiP portal
Whiplash crackdown faces tough passage
A lesson in how NOT to run client money - fined One Call founder John Radford's string of blunders revealed
MedCo – Getting its act together
Fraud – It's not just whiplash
Identity theft - the new wave in motor fraud: Analysis
Employee data theft is the real cyber threat: Analysis
Aviva data theft warning issued as ex-manager sobs in dock before judge
Fraud Report
Fraud News
Driver ordered to pay £29,000 after phantom Allianz claims
Driver could have claimed over £5,000 in compensation from accident had he not supported additional fraudulent claims
Woman pays out £10,000 for fundamentally dishonest Ageas claim
She had claimed in excess of £40,000 for various injuries, but was undone when the Weightmans intelligence team uncovered images of her mountain hiking on social media
Fraudster sentenced after lying about losing partner’s engagement ring
The fraudster was caught sending a text to a friend, admitting his plan to exploit the insurer
Jailed claims handler defrauded employer for £390k to fund cocaine addiction
The handler has been jailed for two years and worked for a major insurer at its complex claims offices in Fenchurch Street
