Fraud News – Page 5
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NewsSocial media presents ghost broking risk and education opportunity
’Targeting education towards young people is all about social media,’ says head of counter fraud
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NewsFraudster who made £75,000 worth of travel claims caught after LV checks
’Travel insurance is intended to be a reassuring safety net should the worst happen, not a means of personal financial gain,’ says detective constable
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NewsFCA warns of clone pretending to be Admiral Insurance
’Scammers may give out other false details, including email addresses, telephone numbers, postal addresses and firm reference numbers,’ says regulator
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NewsZurich finds surge in fraudulent property insurance claims
’It’s clear that every year fraudsters are becoming more sophisticated,’ says head of claims fraud
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NewsSedgwick saves nearly £50m for clients as fraud strategy continues to evolve
’We continue to adapt our strategies to identify and tackle new and emerging fraud risks,’ says director
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NewsERS appoints new head of counter fraud
’I’m looking forward to sharing my expertise to help ERS grow further within the UK market,’ says new appointee
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NewsAllianz catches dishonest hearing loss fraudsters
’Both cases show the lengths that claimants will go to fraudulently obtain damages,’ says head of counter fraud
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NewsAllianz Commercial reveals 2023 claims fraud saving figures
’We have seen an uptick across the board on all aspects of insurance fraud in 2023,’ says head of counter fraud
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NewsEcclesiastical reveals surge in fraud claims – and the trends that are emerging
’Insurance fraud is a crime that continues to cost insurance companies,’ says claims director
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NewsCross-industry checks lead to man being sentenced for bogus TV claims
’We hope this result acts as a warning to anyone considering exploiting their insurance policy for financial gain,’ says detective constable
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NewsGhost broker sentenced after offering fake motor policies to Sudanese nationals
’This crime is incredibly serious as it leaves motorists unknowingly uninsured,’ says director of financial crime
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NewsAllianz catches fraudster who used false documentation to claim for over £93,000 in loss of earnings
’We’ve seen an increase in fundamental dishonesty findings, with fraudsters exaggerating events for financial gain,’ says head of counter fraud
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NewsEx-RSA employee jailed for stealing and selling on customer data to cold callers
’RSA was the victim of a crime committed by an employee in this instance and we took swift action to protect our customers,’ says head of counter fraud
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NewsAllianz unveils new AI tool to tackle fraud
’The success is shown through its cost-saving approach,’ says head of claims data
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NewsAxa UK strengthens fraud prevention measures as scammers turn to AI
Insurer says there is a ’growing need for advanced technology to counter evolving fraud’
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NewsAviva reveals child ‘driving a car’ among most unusual fraud cases
’While some of the fraudulent claims we detected may seem laughable, insurance fraud is no laughing matter,’ says head
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NewsFCA warns of clone pretending to be Axa
’This firm is not authorised by us, but has been contacting people pretending to be an authorised firm,’ says regulator
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NewsClaimant who forged daughter’s birth certificate and sought £600k of fake damages jailed
’The level of deception was exceptional,’ says claims manager
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NewsEx-broker charged after 10 arrested in commercial insurance fraud clamp down
’Through this operation, we’re sending a clear message that we will disrupt the efforts of insurance fraudsters,’ says detective inspector
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NewsHeightened fraud risk in the wake of recent storms – McLarens
’As we grapple with the aftermath of successive weather-related events, the risk of fraudulent claims looms large,’ says head of investigation
