Analysis

Ghost broking poses ‘massive’ reputational risk to insurance sector

By 2023-04-05T09:10:00

ghost brokers

‘Doing more of the same’ isn’t working to tackle the issue, says head of counter fraud

Ghost broking is “one of the biggest risks” for the insurance industry, according to Markerstudy head of counter-fraud Clare Lunn.

Speaking at Insurance Times’ Fraud Charter roundtable event last week (30 March 2023), Lunn said: “The risk for consumer confidence and reputational damage to insurers is massive.”

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