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Fraudsters cause spike in motor insurance claims during 2020

By 2021-03-19T07:59:00

motor

Product manager warns that insurance firms need to be ‘alive’ to changes in fraud and ‘understand what lessons can be learned’ moving forward

Fraudulent motor insurance claims increased by 50% over the course of 2020 as insurers had more time during lockdown to zone in on potential fraud, said data organisation Synectics Solutions.

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