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
Entire lifestyles have been fundamentally altered by the Covid-19 pandemic, due to the likes of furlough, job losses and remote working. Many individuals will therefore be “stuck with expensive car finance plans for a vehicle that is no longer required and will be exploited by unscrupulous enablers”, said Ben Leech, partner in the fraud team at law firm Keoghs.
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