Fraudbusting received a huge boost this week when Experian bought CUE, the claims database, and announced that it would revolutionise the service.

The information services provider is boosting CUE by adding two more databases – its 24 million-strong car owners database and its perils database, such as flooding and windstorm information.

Experian director Sue Hall says the improved database will prove invaluable in detecting both known fraudsters, serial claimants and over-inflated claims that currently costs the insurance industry £650m a year.

"CUE will become the essential tool in combating fraud," Hall said.

"Insurers will have rapid access to high-quality data at point of sale, enabling more successful risk management."

There are currently 30 major insurers which daily download their claims information on to CUE.

The Car Data Check database names the owners of 24m vehicles in the UK while the Perils Data Portfolio gives information on flooding, subsidence, windstorm damage, fire and theft for every property in the UK at individual postcode level.

The new CUE is expected to be launched in the summer.