Insurance Fraud Bureau appoints Axa veteran as new non-exec director

The Insurance Fraud Bureau (IFB) has appointed Axa UK and Ireland claims technical services director Karl Parr as a non-executive director on its board.

Parr has more than 35 years of industry experience, having previously held senior positions at insurers Ageas UK and Groupama Insurance between 1999 and 2019. Prior to this, he spent 14 years in various positions at Axa Insurance.

Taking a seat on IFB’s board, Parr will contribute to the organisation’s strategy direction and delivery. He will also work with the UK government on a fraud charter, which integrates insurance fraud into a larger economic crime plan.

Parr said: “I am delighted to have been appointed to the board of the IFB.

”Industry collaboration is essential to fighting insurance fraud and I am looking forward to working together with the bureau and my peers to continue driving our mission to protect customers from fraudulent activity every day.”

Government engagement

IFB director Ben Fletcher added: “I’m very pleased to welcome Karl as a director on our board.

“As the nature of fraud rapidly evolves, so too are our plans, including industry-wide consultation on IFB services, the unveiling of new counter fraud technology and crucial engagement with [the] government on its Economic Crime Plan.”

The UK government’s Economic Crime Plan, published in July 2019, provides information on the action being taken by the public and private sectors from 2019 to 2022 to prevent economic crimes, including insurance fraud. The plan was later followed by the Economic Crime Plan: Statement of Progress, published in April 2021.

Fletcher continued: “Karl’s expertise will prove invaluable in helping to shape these ambitious projects and our strategic direction, which will undoubtedly enhance the industry’s collective fight against fraud.”

The IFB, in collaboration with the insurance industry, shares data and intelligence to detect and disrupt organised fraud networks.