Fraud Analysis – Page 3
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News AnalysisIn Focus: Insurers must brace for property disrepair claims as CMCs’ interest is piqued
Counter fraud experts have seen cases where certain CMCs have encouraged vulnerable customers to pursue ‘exaggerated or unmeritorious claims’
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News AnalysisIn Focus: How can the insurance sector demonstrate the downsides of opportunistic fraud to end consumers?
Industry experts discuss the impact of low level fraud on end consumers and how best to communicate the resultant ramifications
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News AnalysisGhost broking continues to be a ‘substantial problem’ for the industry
As the IFB warns new and younger drivers about bogus car insurance policies, Insurance Times finds out what this means for the industry
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News AnalysisSpoof ads rife for insurers and brokers despite Google crack down
The FCA seeks to resolve ’the root cause’ of fraudulent adverts. But the government’s Online Safety Bill needs to be broadened if it is to play an important role here
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News AnalysisBrokers could play a ‘significant role’ in tackling ghost broking
As reported losses for ghost broking victims being higher for younger people who are often targeted via social media according to Action Fraud, brokers could play a crucial role in stamping out this crime
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News AnalysisPeers debate whether whiplash injury tariff rates are ‘fundamentally flawed’ or ‘the right level’
Last week’s House of Lords debate revealed mixed perspectives from peers, however some are concerned that extra minor injuries added to whiplash claims may ‘dilute’ the effects of the planned reforms
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News AnalysisReform 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
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News AnalysisPost-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 ...
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News AnalysisRevealed: 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?
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News AnalysisOnline fraud and cyber scams soar during pandemic lockdown but insurance for it 'fairly new'
A spike fraud and cyber scam in cases has exposed a new risk for the cyber insurance market, Insurance Times looks at what the industry is doing to protect vulnerable customers during the pandemic and why some many not be covered if they work remotely
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News AnalysisHastings turns to pricing strategies as it seeks more profitable 2020
Earlier today the group revealed its full year financial results that saw claims inflation impact its loss ratio but customer retention was positive
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News AnalysisBAE aims to take the fraud fight to the next level
Technology is helping turn the tide against insurance fraud, but the battle against evolving threats continues
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News AnalysisAutomation 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?
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News AnalysisA lesson in how NOT to run client money - fined One Call founder John Radford's string of blunders revealed
How One Call founder John Radford ignored auditor’s warnings, was too busy to read FCA paperwork and didn’t check TOBAs properly
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