Fraudsters are costing the Irish insurance industry more than E50m (£30.5m) a year, the Irish Insurance Federation (IIF) has announced.
The federation's analysis of figures for 2000 showed the main types of fraud included inflating the value of items, covering non-existent items, inflating claims following genuine accidents, staging accidents and taking out a number of policies to cover the same risk.
IIF chief executive Mike Kemp has called on the government to introduce new legislation to create a specific offence of insurance fraud.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
