Fraud
Allianz unveils new AI tool to tackle fraud
’The success is shown through its cost-saving approach,’ says head of claims data
Axa UK strengthens fraud prevention measures as scammers turn to AI
Insurer says there is a ’growing need for advanced technology to counter evolving fraud’
Aviva reveals child ‘driving a car’ among most unusual fraud cases
’While some of the fraudulent claims we detected may seem laughable, insurance fraud is no laughing matter,’ says head
FCA warns of clone pretending to be Axa
’This firm is not authorised by us, but has been contacting people pretending to be an authorised firm,’ says regulator
Claimant who forged daughter’s birth certificate and sought £600k of fake damages jailed
’The level of deception was exceptional,’ says claims manager
Ex-broker charged after 10 arrested in commercial insurance fraud clamp down
’Through this operation, we’re sending a clear message that we will disrupt the efforts of insurance fraudsters,’ says detective inspector
Heightened fraud risk in the wake of recent storms – McLarens
’As we grapple with the aftermath of successive weather-related events, the risk of fraudulent claims looms large,’ says head of investigation
The Big Question November 2023: What is the strangest misconception you’ve heard about insurance?
Seven industry leaders discuss the likes of broker role misunderstandings, the outlook from younger people and innovation over reputation
Social media a ‘hunting ground’ for insurance scammers as fraud cases surge
’Fraudsters use numerous methods to deceive people into giving them money,’ says managing director
Opinion: Can you afford to not compete?
Acting editor Yiannis Kotoulas discusses the increased attention on competitiveness within the insurance industry
Is ghost broking being mislabelled?
’I do tend to see a lot of stuff labelled as ghost broking, where it is probably not,’ says director
CHO appoints insurtech to develop new anti-fraud platform
’There has been plenty of interest in the concept,’ says chief executive
Online Safety Bill ‘imperative’ to protecting consumers from fraud – Aviva
’Online fraud has drastically undermined consumer trust in financial services,’ says head of claims counter fraud
Counter-fraud sector responds to accusations of ‘too little cross-industry co-operation’
During Insurance Times’ latest Fraud Charter event, participants also discussed whether the Insurance Fraud Taskforce should reconvene
The inexorable growth of cyber-enabled fraud – Ifed
Detective chief inspector Tom Hill, head of the City of London Police’s Insurance Fraud Enforcement Department, discusses the rise of digital fraudsters
Briefing: Could R&D tax credit error and fraud be the next PPI scandal?
R&D tax relief is supposed to help insurtechs, startup brokers and SMEs claw back costs invested in innovation, but this initiative has been ’abused’ to some extent
Allianz Commercial stops nearly £40m worth of fraud in H1 2023
The insurer has also revealed the types of scams it has had to stop in the first six months of the year
Insurers warned of ‘too little cross-industry co-operation’ over tackling fraud
’Too many players view fraud knowledge as a source of competitive advantage,’ says executive director
Fraudster who tried to scam two insurers sentenced
’The case emphasises the close and continued working of the fraud teams,’ says head of counter fraud
Fraud cases in 2022 driven by motor insurance scams
’The insurance industry cannot afford to take its foot off the pedal when it comes to uncovering and disrupting fraudsters,’ says chief inspector