A new insurance counter-fraud governance structure, which will see a two-tiered board come into play, has been revealed.

A new governance structure for the industry’s counter-fraud utilities has been revealed today. The changes impact on the Insurance Fraud Bureau (IFB), the Insurance Fraud Enforcement Department (IFED) and the Insurance Fraud Register (IFR).

The new structure means that there will now be a two-tiered board, which will control the direction of the organisations. The IFB’s supervisory board has also added representatives from Lloyd’s and the ABI. It will now provide ‘strategic oversight’ of IFED and the IFR.

Supervisory Board Members

Amanda Blanc, AXA – Chair

Ashton West, MIB

David Newman, Carole Nash

Steve Dalloz, Direct Line Group

Rob Townend, Aviva

Linda Wells, Admiral

Hilary Weaver, Lloyd’s

James Dalton, ABI

Geoff Jones, RSA

RSA head of financial crime John Beadle will head up a new General Insurance Fraud Committee (GIFC), which will offer technical support.

General Insurance Fraud Committee (GIFC) Members

John Beadle, RSA – Chair

James Langdown, Ageas

David Halstead, AIG

Tom Gardiner, Aviva

Richard Davies, AXA

Dawn Neild, Coop

Bob Spencer, Direct Line Group

Matt Gilham, esure

Susan Evans, Admiral

Paul Priestley, Hastings

Clare Lunn, LV=

Rob Speigelhalter, NFU Mutual

Jon Radford, QBE

Scott Clayton, Zurich

Mark Allen, ABI

Patricia Isherwood, Lloyd’s

AXA UK chief executive and supervisory board chair Amanda Blanc said: “Tackling fraud continues to be a high priority for the insurance industry, which is epitomised by the IFB’s ambitious and transformative future strategy. As part of that strategy development consultation, the industry was clear in its demand for a more streamlined and consolidated governance structure for the counter-fraud utilities.”

“With the formation of this new, two-tiered structure, the industry can be assured that fraud will continue to get air time at Board level, whilst continuing to develop the capabilities of our detection, enforcement and prevention capabilities.”

 

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