Fraud News
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FCA warns of clone pretending to be Brighton broker
The FCA says the clone ’is not authorised by us, but has been contacting people pretending to be an authorised firm’
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Allianz defeats fraudster who alleged severe injuries after accident involving knife
’We take all fraudulent incidents seriously and will continue to leverage advanced technologies and investigative techniques to protect our law-abiding policyholders,’ says head
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Father and son sentenced for role in £60,000 ghost broking scam
‘Confiscation proceedings should send a clear message that Ifed will use its full suite of options to ensure that ghost brokers do not benefit from criminal activity’, says DC
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Police make arrests and issue cease and desist letters in ghost broking operation
‘The message of these operations is clear. There is nowhere to hide for criminals who sell fake insurance,’ said detective chief inspector
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Who triumphed at the Claims Excellence Awards 2025?
The gala event celebrates ’the companies that have thoughtfully considered and actioned ways to iron out and improve claims processes and impacts,’ says Insurance Times editor
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DLG helps jail two fraudsters that tried to fraudulently stage a collision
’We are committed to ensuring that all fraudulent claims are dealt with by the relevant authorities and are delighted that these individuals have been brought to justice,’ says claims boss
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Instagram ghost broker jailed for fake car insurance fraud
‘He has now rightfully been punished for his crimes and the sentence handed down should serve as a reminder that there are severe repercussions for committing insurance fraud,’ says detective sergeant
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Motorist’s £1.2m fake injury claim costs him over £100,000
’This case highlights the importance of thorough investigation and the need to hold claimants accountable for fundamentally dishonest claims,’ says head
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One in six motorists admit lying to cut insurance bills
‘It’s clear from our research that some motorists are taking drastic actions in an effort to try and reduce their costs,’ says chief executive
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UK broker accused of failing to prevent international bribery
Representatives of the firm have been ordered to appear before Westminster Magistrates’ Court
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Fraud on the rise as Aviva reports fake claims up 14% in 2024
‘Investment in advanced analytics, machine learning models and continuous training for our people has significantly improved our fraud detection rates,’ says counter fraud leader
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Crash for cash scheme lands Bradford man in prison for two years
’Higgins thought he could take his insurer for a ride and defraud it out of a significant sum of money. Fraudulent claims like this push up the cost of insurance premiums for honest policyholders,’ says detective constable
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Court orders fake car insurance fraudsters to repay £376,000
’Ifed will use its full suite of options to make sure that fraudsters don’t benefit from their dishonest actions,’ says detective sergeant
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Social media ghost broking scams increase in 2024
’Falling for a ghost broker scam can have devastating consequences,’ says expert
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FCA bans broker for fraud that led to client entering liquidation
The regulator said he was ’not a fit and proper person to perform regulated activities’
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Charles Taylor launches new AI fraud detection tool
’The launch places us at the forefront of disrupting how insurance claims have historically been validated,’ says head
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Fraud attempts with deepfakes surge over last three years
’Fraudsters are using AI-based techniques that traditional systems can no longer fully detect,’ says chief product and marketing officer
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Allianz detected £157.24m in fraudulent claims in 2024
’Insurance fraud is a serious problem that pushes up the cost of policies for honest consumers and adds to insurers’ costs,’ says director of fraud
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Holiday hustler caught after £61,000 Covid scam
’His sentencing and upcoming confiscation proceedings demonstrate our commitment to bringing insurance fraudsters to justice,’ says detective constable
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Ecclesiastical detects more than £4m in false claims last year
’Our teams have been working hard to tackle this activity and help keep our premiums low,’ says claims director