Motor injury claims accounted for 35% of all bogus claims, with the number of fraudulent injury claims declined for suspected fraud growing by 19%
Aviva detected a 39% increase in the number of claims it declined because of fraud across 2023.
The insurer said that it uncovered more than 11,000 suspect claims worth a total of £116m, which was equivalent to 30 bogus claims per day, and added that it was also investigating a further 13,100 claims for suspected fraud.
Read more…
Explore more fraud-related content here or discover other news stories here
We’re glad you’ve chosen Insurance Times as your source for industry news and hope you’ve been enjoying reading articles from our award-winning team of journalists.
Gain access to more of our exclusive, breaking stories, interviews and news analysis as it happens. Registering is quick, easy, free, and will also have the additional benefits:
Stay on top of the insurance game with our subscription! Get unlimited access to over 80,000 articles, in-depth analysis, exclusive reports by industry experts, and our Five-Star rating system to compare companies and find the best fit for your business needs - view subscription options.