Legal & General has become the latest insurer to sign up to a new fraud tracking database, Cifas, that promises to detect as much as £50m in bogus claims a year.
Other insurers include Churchill and Direct Line, but there are 235 financial service and related organisations signed up to Cifas.
“All the research we have undertaken demonstrates that it is the same fraudsters who obtain mortgages, credit cards, bank accounts, car loans and so on, who are also attacking the insurance industry,” said director Peter Hurst.
Cifas and insurers will target fraudulent claims including:
property
