The evolving capabilities of AI tools are changing the nature of insurance fraud, and, as one expert tells Insurance Times, redefining the ’speed and ease with which fraudsters can find, create or amend digital evidence’
In monetary terms, insurance fraud is a vast and growing problem. Indeed, ABI research revealed that in 2024 – the latest full year for which there was available data – some £1.16bn of fraudulent general insurance claims were detected by UK insurers.
Read more…
Explore more fraud-related articles here, or discover more news content 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.