Analysis

Temporary motor insurance offers fraudsters ‘vast and immediate opportunities to exploit’

By 2021-09-01T11:32:00

perception, fraud, masked

The Covid-19 pandemic has caused a shift in different types of crash for cash fraud – Insurance Times finds out what this means for the insurance industry

As motorists return to the roads following the lifting of the UK’s lockdown restrictions this summer, ”the new norms of temporary motor insurance, increased vehicle rentals, carpooling and other shared ownership schemes” will provide fraudsters with ”vast and immediate opportunities” for new crash for cash scams, according to Synectics Solutions’ insurance product specialist Chris Hallett.

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