Much more work is needed to truly educate the public on the dangers of insurance fraud – and Fraud Charter attendees agreed that this had to be collaborative
The insurance industry’s perennial battle against fraud has been fought with many weapons.
Targeting insurance fraudsters and their enablers with enforcement action can be effective, as can detecting application fraud via trained operatives and cutting edge technology.
Arguably the most effective way to prevent insurance fraud, however, is to stop it at source by helping potential victims to spot red flags and avoid the most common scams.
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