IFB reveals how AI has sped up detection of fraudulent claims

Hacker in hoodie using laptop with abstract creative business charts and binary code on blurry office interior background. System engineering and digital transformation concept. Double exposure
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One year on from launching its AI counter-fraud solution, the Insurance Fraud Bureau has revealed how the tool has “elevated” the sector's fight against fraud.

To help support the industry tackle fraud, the IFB partnered with Shift Technology last year resulting in the launch of IFB Exploration, an AI counter-fraud solution

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Government to consult on leasehold commission ban

In a written statement published yesterday, the Minister of State for Housing, Communities and Local Government has said the government “will go out to consultation very shortly on the detail of the Act’s ban on buildings insurance remuneration”.

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