Fraud News – Page 7
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NewsLV=GI secures IFB leader as new director of financial crime
The appointee has spent the last three years at the MIB in addition to leading the IFB
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NewsFraudulent car insurance fronting grows by 170% between March and May 2022 - LV= GI
To avoid any legal trouble, brokers should help parents understand how to reduce their children’s motor premiums
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NewsProperty disrepair claims present potential for ‘very significant costs’
These costs are also on a ’high growth trajectory’, says partner
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NewsLondon-based fraudster duo sentenced to imprisonment following gross exaggeration
‘We hope that these sentences will deter would-be fraudsters’, says Allianz’s head of counter fraud
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NewsRevealed: Claims Excellence Awards 2022 – winners and reaction
Amid the glitz and glamour of a Kensington-based ceremony, some firms took home multiple awards - was it you?
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NewsBogus home insurance claims grew by 45% in 2021 – Aviva
Whiplash and ghost broking fraud continued last year, according to the insurer’s figures
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NewsAnti-fraud focused OIC portal amendments are vital for the future
The current portal’s set up is a ‘fraudsters’ paradise’, says Carpenters Group director
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NewsBackchat May 2022
An AI-inspired podcast, a fraudulent butcher, payouts following the sinking of the most luxurious ocean cruise liner ever built and lunching with a sporting star. What has the insurance industry been up to lately? You heard it here first…
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NewsAlias fraudster sentenced to jail time as web of lies exposed
Insurers Aviva and Zurich are owed £58,000 in compensation for the claims
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NewsNew OIC data could spell ‘significant number of claims’ for insurers
The data also raises ‘additional concerns’, says Carpenters Group director
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NewsRevealed: Claims Excellence Awards finalists unveiled for 2022
In-person, claims-centric awards event is back this year with 20 prizes up for grabs
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NewsUK ransomware attacks rise by 100% in 2021 – RPC
Despite the increase, businesses risk being underinsured until insurers ‘take matters of cyber security seriously’, says cyber and tech head
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NewsOnline Safety Bill introduced to parliament
New measures have been introduced to push tougher criminal sanctions on tech bosses and data manipulation
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NewsSerial fraudster is sentenced to six months’ imprisonment
Insurers working in tandem with each other and the police is ‘crucial’ for combatting fraud, says counter fraud director
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NewsPre-inception loss fraud upticks by 156% - LV=GI
The easing of Covid-19 restrictions is also triggering increased activity from organised crime groups
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NewsSedgwick names new UK head of fraud technology and intelligence
The loss adjustor has saved clients more than £100m in fraud costs over the past few years
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NewsAviva backs Online Safety Bill amendment to stamp out illegal content
Ofcom will now be able to issue fines to websites that do not comply with the bill’s measures
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NewsInsurance Fraud Bureau appoints Axa veteran as new non-exec director
The new non-executive director’s ‘expertise will prove invaluable’ as the organisation shapes its strategic direction, says IFB director
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NewsInsurtech startup raises £3m to scale insurance fraud platform
The business will also be investing in its people, with plans to double the size of its engineering team
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NewsDrones, medical malpractice and cyber are top tech risks for 2022 - DAC Beachcroft
Climate change was also cited as a key risk by the law firm
