Fraud News – Page 4
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NewsHome Office launches ‘major new crackdown’ on insurance fraud
’Fraud is an appalling crime and we are determined to crack down on these callous criminals,’ says government minister
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NewsIfig members vote to form UK chapter of international organisation as it celebrates 25th anniversary
’The insurance counter fraud industry now has a truly agnostic body that has the capability to collaborate across borders and world wide,’ says chair
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NewsInsurers detect £1.1bn worth of fraudulent claims in 2023
’Cracking down on fraud continues to be a top priority for our industry,’ says assistant director
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NewsGhost broker sentenced after Aviva investigation
’The outcome of this hearing should act as a deterrent to those seeking to financially profit from fraudulently arranging low cost motor insurance,’ says investigations manager
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NewsCrowdstrike IT outage could prompt ‘greater demand for cyber cover’
Cyber ’losses stemming from non-malicious causes’ are ’underserviced in the current market’, says head of London markets
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NewsShift from ‘greed to need’ drives fraud surge across personal and commercial lines – Allianz's Burge
’I see a shift from greed to need – people now feel they need to commit fraud,’ says head of counter fraud
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NewsMore needs to be done to tackle uptick in social media scams – Ifed
’Social media is increasingly used to facilitate fraud and target vulnerable individuals,’ says detective chief inspector
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NewsFraud in H1 2024 being driven by casualty and ‘large increase’ in commercial claims – Allianz
’There’s a dire need for us to keep raising awareness, because brokers are almost crying out for support [from insurers],’ says head of counter fraud
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NewsVet nurse in the doghouse after £13,334 pet scam
’Allianz is committed to protecting our customers and business against the harms of fraud,’ says director of financial crime
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NewsSerial fraudster who repeatedly targeted RSA jailed
’It was disappointing to see his name once again when this case landed on my desk,’ says detective constable
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NewsMcLarens reports 300% rise in suspected fake document use in Q1 2023
’Fakes are becoming more sophisticated and easier to come by,’ says head of investigation
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NewsJudge dismisses £50,000 credit hire claim over engineer’s ‘absence of reliable evidence’
Hastings Direct and HF succeeded in having the claim dismissed because the engineer’s evidence ’carried very little weight’ under cross examination
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NewsGhost broker who pocketed over £17k in Instagram insurance scam caught
’Ghost broking is widespread across social media and more people must know the signs,’ says intelligence and investigations manager
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NewsGhost broking activity continues to rise – IFB
Ghost brokers can ’leave victims seriously out of pocket’ and put policyholders ’into trouble with the police for driving without insurance,’ says director
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NewsAgeas reveals new crash for cash scheme
’Our fraud intelligence team has seen a significant rise in this crash for cash scam,’ says director
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NewsFraudster’s £6.6m claim dismissed by court
’We’re delighted with the judgment of this case which culminates years and months of diligent work,’ says partner
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NewsAviva detected 39% surge in claim fraud across 2023
Motor injury claims accounted for 35% of all bogus claims, with the number of fraudulent injury claims declined for suspected fraud growing by 19%
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News‘Huge’ growth in property fraud is ‘non-stop’ – DWF Law
In particular, ‘cannabis farms are a big issue’ concerning commercial and domestic properties, as well as suspicious escape of water claims
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NewsFalse ‘no claims’ incidents driving rise in fake insurance applications
’The increasing sophistication of false documents poses a significant challenge for the insurance sector,’ says director
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NewsChickens come home to roost for fraudster over false ‘gunpoint’ claim after shop fire
’This case demonstrates that there really is no hiding place for insurance fraudsters,’ says head
