Fraud
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FeaturesBriefing: Incoming Highway Code changes signal ‘potential growth area for fraud’
The ‘perfect storm’ of vulnerable road user claims falling outside of the OIC portal and a general lack of awareness around the proposed rule changes could create a new ‘target area’ for fraudsters
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Latest News
Vehicle car leasing service warns of click-to-call Google spoofing scams
The IFB, IFED and the ABI have issued a warning about click-to-call scammers misrepresenting insurers
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Features
Travel resumes post-lockdown – but what is the impact on fraudulent holiday sickness claims?
In the past, fake holiday sickness claims cost the travel sector ‘hundreds of millions of pounds’. Will coronavirus now contribute to this as holidaymakers once again venture outside the UK?
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Features
Temporary motor insurance offers fraudsters ‘vast and immediate opportunities to exploit’
The Covid-19 pandemic has caused a shift in different types of crash for cash fraud – Insurance Times finds out what this means for the insurance industry
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IT Interview
Ben Leech: Insurers must 'be on the forefront' as organised criminals exploit car finance plans
Change in crash for cash approaches and the newly launched whiplash reforms means it is ‘vital’ insurers adapt and ‘review their frontline defences’, adds fraud team partner
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Latest News
Aviva reveals ‘clear mistrust of financial services adverts online’
The insurer is calling on the UK government to update its Online Safety Bill
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Latest News
Tokio Marine Insurance Singapore falls victim to ransomware cyber attack
The group has since hired an external specialist to verify the impact of the attack
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News Analysis
Ghost broking continues to be a ‘substantial problem’ for the industry
As the IFB warns new and younger drivers about bogus car insurance policies, Insurance Times finds out what this means for the industry
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News Analysis
Spoof ads rife for insurers and brokers despite Google crack down
The FCA seeks to resolve ’the root cause’ of fraudulent adverts. But the government’s Online Safety Bill needs to be broadened if it is to play an important role here
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News Analysis
Brokers could play a ‘significant role’ in tackling ghost broking
As reported losses for ghost broking victims being higher for younger people who are often targeted via social media according to Action Fraud, brokers could play a crucial role in stamping out this crime
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Features
Briefing: ‘Astonishing’ industry change can’t distract from claims focus
The insurance sector is changing faster than British summertime weather – staying ahead of evolving claims trends, therefore, becomes a business imperative
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Latest News
Bogus car insurance broker sentenced after pocketing almost £18k
The fraudster was also behind a dissolved broker advertising insurance services for private clients
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Latest News
IFB backs calls for government to include online ads in Online Safety Bill
The ABI has joined the IFB in asking the government to include online ads in the bill
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Latest News
British businesses suffer average loss of £223,516 from cyber-attacks – SJL Insurance
To protect assets, companies should invest in adding cyber insurance to business policies
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Latest News
FCA issues £90m fine to LBGI for misleading home insurance communications to customers
Home insurance customers were told they were receiving a ‘competitive price’ or ‘discount’ for loyalty at renewal, however this language was not substantiated
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Latest News
IFED cracks down on insurance ghost broking with seven arrests
The IFB’s head of intelligence and investigations said ghost brokers ’are not afraid to take advantage of the financial hardship so many drivers are facing right now’
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Latest News
Footballer ordered to pay £5,000 following insurance fraud
A 33-year-old man scored a halfway line goal during a football match, despite claiming that he was unable to play after sustaining a foot injury in a road traffic accident four years ago
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Latest News
Three taxi drivers convicted of fraud by misrepresentation
ERS’s claims manager said the case demonstrated ’an act of wilful deception’, which is why the insurer felt it ’had no choice but to pursue a criminal prosecution’
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Latest News
Motorcyclist fails to ride off with £20,000 personal injury claim after fundamentally dishonest verdict
The claimant, who pursued the case for five years, has been found fundamentally dishonest by the County Court at Kingston upon Thames
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Latest News
Lack of cover leaves SMEs exposed to cyber attacks – Aviva
Over three-quarters of businesses do not have any cyber insurance cover in place, despite escalating digitisation
