Lloyd's Market Association members can access police information
The Lloyd’s Market Association (LMA), which provides professional, technical support to the Lloyd’s underwriting community, and the Association of Chief Police Officers (ACPO), have negotiated an agreement for the exchange of information where fraudulent activity regarding insurance claims is suspected.
The agreement - effective from 1 October 2009 - is available to participating LMA members that underwrite UK property, liability, motor, personal accident, travel, life and health insurance.
David Gittings, Chief Executive at LMA, said: “Suspected claims fraud costs the UK insurance industry a considerable sum of money every year and as such is a serious issue. This agreement demonstrates the commitment of the Lloyd’s community to combat insurance fraud.”
Chief Constable Keith Bristow, ACPO Head of Crime, said: “This agreement provides guidance on the exchange of information for insurers and the police service, and puts us both in a better position to fight fraud and reduce criminal activity.”
