Fraud
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Latest NewsBrokers reveal biggest challenges to selling cyber cover
With the risk of cyber crime ever increasing and evolving, the threat to UK businesses remains high but cyber insurance uptake is still comparatively low compared to the US, Insurance Times looks at the challenges brokers face selling the product and how to overcome the problem
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Latest News
Fraud Charter: ‘Help us stamp out bad CMCs’ - FCA’s plea to the industry
Frustrations peaked at the Insurance Times Fraud Charter last month over lack of communication from the MIB regarding the LiP portal, and the FCA updated the room about CMC regulation
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Ask the Expert
Cyber is a reputational disaster waiting to happen - Mactavish CEO
Mactavish chief executive predicts a world where the reputation of cyber insurance “gets worse” if the placement remains “not good enough”
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Features
Fraud Charter: Prevention is always better than cure
Educating consumers to stop seeing insurance as a grudge purchase would go some way to cutting fraud. But so too might be pointing out the consequences of a conviction
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Latest News
Cavity Wall Insulation: Not the new PPI, but deserving of special attention by insurers
A new wave of potential fraud has reared its ugly head, but is it as bad as first feared?
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Latest News
'Expect a major shift in fraud post-reforms,' former IFB boss warns
Jason Potter also predicts a “significant spike” in traditional fraud ahead of the implementation date next year
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News Analysis
Automation 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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Features
Fraud Charter: No progress on the LiP Portal for months
Medco’s Susan Brown says Medco and the MIB is being held in limbo by the MoJ
