Fraud – Page 13
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NewsFCA ‘still worried about’ poor behaviour by claims management companies
Industry experts notice a more aggressive approach from CMCs, including cold calling, but the FCA confirms it is looking to stamp out bad habits in this section of the insurance market
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NewsIncreasing demand seen for personal cyber insurance
A fifth of survey respondents said they were interested in buying a cyber product
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NewsThe Big Question December 2020: What challenges and opportunities do you expect for 2021?
At the end of a challenging year that included the FCA test case, the switch to remote working and ongoing problems in classes such as professional indemnity, all against the backdrop of the Covid-19 pandemic, Insurance Times asks the industry what obstacles and opportunities they foresee for the year ahead
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NewsReputation is ‘hidden’ claims cost insurers must mitigate
A customer’s bad claims experience and the overall reputation of the insurer can have a correlating impact on claims costs, agreed expert panel
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NewsPersonal injury sector 'laying down arms' amid Covid crisis - LV=
The insurer’s GI claims director explained that collaboration has trumped the traditional adversity that typically reigns within the personal injury sector
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NewsMan jailed for half a year after ‘blatant’ fraud
Man made 22 exaggerate claims after a road traffic accident in 2014
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NewsTesco Underwriting claims handler pleads guilty to fraud
The accused siphoned off claims payments into his own account, court heard
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NewsWindow cleaner confesses to fundamental dishonesty over personal injury claim
Insurer Admiral teamed up with law firm DAC Beachcroft to investigate suspicious circumstances following a road traffic accident
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FeaturesSedgwick advocates joint machine and human approach as false document fraud surges
The loss adjuster has seen an uptick in false document fraud during lockdown
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NewsUndetected fraud amounts to £500m predicts Pact Global
The firm’s research reveals that 59% of respondents would commit fraud because they think they can get away with it
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Sponsored ContentWe need government help to beat online fraud – Carpenters Group
Donna Scully, director at Carpenters Group discusses application fraud and why the insurance industry is ‘stepping up’ to educate consumers
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NewsArdonagh data breach reported to Information Commissioner
Firms are required by law to report breaches within 72 hours
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Online onlyBirmingham man sentenced for fraudulent personal injury claim against Aviva
Guilty man claimed he had been inside a car hit by an Aviva insured when in fact he had not
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FeaturesCovid-19 claims yield abundant harvest for claims farmers
Delegates at Insurance Times’s third virtual roundtable say the ‘farming scope for Covid claims is absolutely massive’
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IT InterviewCovid-inflated credit hire claims is ‘a big issue' for insurers, says law firm partner
The Covid-19 pandemic may be boosting income opportunities for credit hire firms – accumulatively, this could end up being a big financial hit for insurers
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NewsSlovenian woman cuts off own hand in insurance fraud attempt
The culprit and her boyfriend were hoping for a €380,000 payout from life and injury insurance policies across five different insurers
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NewsTechnology & Innovation Awards finalist 2020 Q&A: SBS’s AI bot solution clamps down on fraud and claims exaggeration
There are just eight days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
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Sponsored ContentIndustry must work to be ahead of curve for fraud post-Covid – Carpenters Group
Donna Scully, director at Carpenters Group discusses how the insurance industry can remain ahead of the curve with fraud as meetings and office work may never look the same again post-Covid-19
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News AnalysisOnline fraud and cyber scams soar during pandemic lockdown but insurance for it 'fairly new'
A spike fraud and cyber scam in cases has exposed a new risk for the cyber insurance market, Insurance Times looks at what the industry is doing to protect vulnerable customers during the pandemic and why some many not be covered if they work remotely
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NewsTechnology & Innovation Awards finalist 2020 Q&A: VisionTrack’s IoT platform overhauling telematics and cutting fraud
There are just nine days to go until the winners for Insurance Times’s Tech & Innovation Awards 2020 will be revealed at a virtual ceremony on 17 September
