Fraud – Page 20
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News
Insurer obsession with claims tables could disrupt fraud battle - Horwich Farrelly
The law firm thinks insurers could get caught up with their claims rates, thus stopping them from properly interrupting fraud
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News
Randy horses and thieving monkeys - Aviva dealt with some strange claims in 2018
Aviva releases details of some notable cases as it reveals it accepted nearly one million claims last year
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News
Social media proves to be the downfall for fundamentally dishonest fraudster
Allianz and BLM found contradictory evidence to a claim where a fraudster said she suffered from severe pain
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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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Agenda
Millennials are main perpetrators of motor insurance fraud
Research by Cifas suggests the view of insurance fraud as a ‘victimless crime’ persists in the UK, with younger drivers increasingly likely to offend through fronting, leading to calls for continuing education from the industry
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News
Fraudster sentenced after Aviva seeks punishment for orange juice trip scam
Aviva, along with Clyde & Co successfully pursue case as private prosecution leads to suspended sentence and electronic tag
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News
FCA vows crackdown on 'cowboys' after taking over CMC regulation
The FCA says the regime “aims to boost consumer protection and the professionalism of the sector by driving up standards in the industry”
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News
Fraudulent claims increase by 27% in 2018
According to Cifas, household and motor claims saw the largest increases
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News
Sedgwick sees increased cyber activity as it announces fraud savings
Sedgwick saved a total of £47m when dealing with its clients’ claims last year
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Agenda
Government funds AI project to detect insurance fraud
The government is working with tech firms to develop the technology
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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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News
Small businesses the key to fighting cyber fraud, report claims
Small businesses represent 99.3% of all private businesses in the UK, and a report says they have a responsibility to their customers and communities
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News
FCA warns of clone firm posing as Birmingham broker
Clone firms have been trying to scam people in the UK, the FCA has warned
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News
Manchester Arena bombing fraudster ordered to pay back £139,000
Susan Pain abused her position as the director of an insurance broker to make false claims
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News
Woman accused of chopping off own hand to defraud insurer
The 21-year old used a circular saw in an attempt to sever her arm so she could claim £340,000 from her insurance company
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Agenda
Teacher pays £12,500 in costs for ‘fundamentally dishonest’ whiplash claim
AXA’s counter fraud manager said it was good that the opportunistic crime was dealt with so severely
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News
Dual pricing frustration breeds opportunistic fraud - experts
Experts at the launch of BLM’s latest counter-fraud whitepaper discussed the link between underwriting and sales frustration, to the likelihood of claims fraud, with some stating that consumers feel like “victims”
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News
Hiscox-backed SME cyber MGA launched
The move comes as the UK businesses continue to buckle under the weight of cyber attacks, many from organised gangs outside of the European Union
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News
Former AXA staff sentenced for stealing and selling customer data
IFED investigation found AXA employee was taking photographs of customer data and sending it via WhatsApp
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News
Fraudster sentenced for fake Rolex claim
The claim began unravelling when CCTV footage revealed the man had not been wearing a watch in the shop where he claimed to have lost it