Fraud – Page 5
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IT Awards 2022
Insurance Times Awards 2022: Percayso and Somerset Bridge demonstrate a ‘true business partnership in action’
Richard Tomlinson, managing director of Percayso explains to Insurance Times why he believes his firm should win the Business Partner of the Year - Technology Supplier category at the 2022 Insurance Times Awards
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IT Awards 2022
Insurance Times Awards 2022: ‘One in every 100 email addresses’ is flagged for fraud markings each month – LexisNexis Risk Solutions
Dan Cicchetti, senior director of client engagement at LexisNexis Risk Solutions, tells Insurance Times why he believes his firm should win the Business Partner of the Year –Technology Supplier category at the 2022 Insurance Times Awards
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News
Firms see uptick in fraudulent instruction cyber losses – Beazley
Organisations that fail in good asset management will ‘inherently expose themselves’ to higher liability cyber breaches, says head of client experience
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News
Insurance Times Awards 2022: CFC Underwriting ‘takes on cyber criminals on behalf of customers’
Tom Bennett, team leader of the cyber threat analysis team at CFC Underwriting, explains why the MGA believes it should win the Customer Champion of the Year - Insurer category at the 2022 Insurance Times Awards
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News
Man found guilty of crash for cash fraud after fleeing the country
His sentencing follows his three accomplices being found guilty at trial last year
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News
IFED makes seven arrests in latest fraud clampdown
The department anticipates that fraud is likely to increase due to the cost of living crisis and resumed foreign travel
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News
Percayso Inform and Open GI extend data enrichment partnership
The extension ’represents a natural progression in our partnership’, says Percayso Inform’s managing director
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News
Percayso Inform and mobile communications provider join forces to crack down on fraud
The partnership will be a ’valuable new tool’, according to Percayso’s managing director
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News
Collaboration and leadership bolsters anti-fraud response – IFED
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, explains how the force is best suited to tackle fraud in its position as a National Lead Force
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Analysis
Briefing: Industry scratching its head over deepfake e-scooter fraud
What new types of claims and fraus will arise following the extension of the UK’s e-scooter trial?
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Analysis
Cost of living crisis drives greater fraud volume and frequency from non-traditional sources
Counter fraud experts explained that difficult economic conditions are leading to increased levels of fraud from non-traditional perpetrators, necessitating a rethink of existing anti-fraud models
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News
Labour shortages and inflation bite for UK businesses – Bank of England
Economic struggle places the insurance market ‘in danger of sleep walking into a tsunami of fraud claims’, says group director of investigations
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News
Markerstudy Group appoints new head of counter fraud
The new hire has over 20 years’ experience in fighting fraud within the insurance sector
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News
Industry fraud crackdown sees dishonest claims fall in number and cost – ABI
With the cost of living crisis potentially triggering a fraud epidemic, one industry leader is calling for the Insurance Fraud Taskforce (IFT) to reconvene
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News
Taxi driver pays £12,500 in damages after staged three vehicle crash
The savings associated with preventing the fraudulent claim, including legal costs, amount to £175,000, according to law firm
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News
Man jailed after using different identities to submit fake travel insurance claims
Aviva was one of six insurance companies impacted by the 27-year-old’s fraudulent activity
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IT Interview
Richard Tomlinson: Tackling the big problems around data and insurance
Risks are always evolving, but data is being amended at a snail-like pace – if data was more accurate, this could lead to better insurance pricing
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News
Insurance becoming ‘ripe target’ for UK fraudsters as attempts up by 257% – TransUnion
Phishing was deemed the most common fraud scam
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News
Fraudster jailed following exposure of bogus car insurance claims for collisions and theft
Discovering one instance of fraud triggered Aviva to submit another referral to the IFED, highlighting a false claim which was previously missed by the insurer
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Analysis
Cyber risk rating reports versus threat intelligence - what is ‘the best tool’ to analyse firms’ cyber security?
Industry leaders expose problems with cyber vulnerability assessment tools and discuss new ways to get ahead of cyber criminals