Fraud News – Page 7
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NewsAllianz 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
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NewsInsurers 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
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NewsFraudster who tried to scam two insurers sentenced
’The case emphasises the close and continued working of the fraud teams,’ says head of counter fraud
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NewsFraud 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
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NewsLaura Horrocks: ’Honoured to represent women’ in the insurance technology sector
’The technology landscape is constantly changing,’ says head of fraud technology and intelligence
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NewsGovernment sets out plans to ban cold calls for financial products
’This will stop the fraudsters dead in their tracks,’ says economic secretary to the treasury
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NewsMoney-laundering fraudster acting as ghost broker pocketed over £300,000
Detective constable says fraudster ’had no regard for others’
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NewsAllianz Trade launches new cover to tackle rise in employee fraud
’Post pandemic economic uncertainty means businesses face a heightened risk of internal and external fraud,’ says chief executive
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NewsAviva and DACB find fraudsters are shifting approach to obstruct claims process
’The nature of fraud is changing,’ says head of claims counter fraud
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NewsBroker and law firm prevent over 1,000 fraudulent motor claims with ‘cradle-to-grave’ approach
’Finding new ways to beat the fraudster is not always about new systems or IT,’ says partner
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NewsWarning as bogus insurance claims rise
’Turning to crime to make some quick cash is never the answer,’ says detective chief inspector
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NewsLaw firm highlights how facial recognition technology landed fraudster with £51,000 bill
’[This] effectively demolished the claimant’s case,’ says legal director
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News‘Worrying’ shift in way fraud can be perpetrated
Experts discuss artificial intelligence during Insurance Times’ Fraud Charter
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NewsOpportunistic insurance fraud cases surge amid cost of living pressures
’Honest customers rightly expect insurers to clamp down on insurance fraud,’ says head of fraud and financial crime
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NewsInsurance Fraud Bureau can be ‘bigger and better than before’ with new strategy
’We can broaden our reach to help protect every insurer and their customers,’ says head of intelligence
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NewsZurich UK prevents more than £70m worth of fraudulent claims in 2022
’Turning to crime is never the answer,’ says detective chief inspector
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NewsGhost broker threat will require rethink on efforts to combat fraud – Markerstudy
‘We fully expect we will see an increase in fraud in the coming year,’ says head of counter fraud
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NewsLV=GI reports 60% year-on-year uptick in crash for cash linked personal injury claims
The increase in these claims stem from roads into Scotland, where the UK’s whiplash reform regulation does not apply, says the insurer
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NewsEcclesiastical detected over 130 fraudulent claims in 2022
Continuing to pursue untrue claims is ‘vitally important’ for keeping customers’ premium costs down, says claims director
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NewsCustomers’ short-term decision-making due to cost of living ‘should be a concern’ for sector
Insurer’s UKGI chief executive thinks equipping brokers with ‘the tools to have the right conversation with their clients’ is key to preventing SME underinsurance
