Fraud - prosecutions: On theoffensive
Many criminals are attracted to the seemingly easy rewards of insurance fraud but Stratos Gatzouris explains the various methods and proven potential for punishment.
Insurance fraud is far from a victimless crime. Not only does it cost the industry more than £2.5bn per year according to the Association of British Insurers — but where these funds end up is of equal
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@postonline.co.uk or view our subscription options here: http://subscriptions.postonline.co.uk/subscribe
You are currently unable to print this content. Please contact info@postonline.co.uk to find out more.
You are currently unable to copy this content. Please contact info@postonline.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@postonline.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@postonline.co.uk
More on Claims
Éowyn labelled Scotland’s ‘worst storm in 20 years’
Peter Farrelly, chief operating officer at Sedgwick UK, has told Insurance Post the fallout from Storm Éowyn is the worst seen in Scotland for two decades.
Record claims payouts signal ‘new normal’ in W&I market
Howden has reported that its clients saw a record year of warranty and indemnity claims recoveries in 2024, with the business class seeing significantly elevated notifications for a second year in a row.
Big Interview: ASL International’s Helen Meredith
Helen Meredith, managing director of ASL International, shares why she isn’t afraid of the ticking demographic time bomb scaring most loss adjusting firms and how the financial lines specialists intend to increase the amount of cyber and political risk business they do.
Enter Best Insurance Employer 2025 today
If you work for one of the greatest employers in the insurance industry and want to shout about it, make sure you complete Insurance Post’s Best Insurance Employer survey today.
Ecclesiastical detects more than £4m in false claims
Claims specialists at Ecclesiastical Insurance have uncovered £4m in fraudulent claims during 2024, almost £1m more than in 2023.
Storm Éowyn wind claims to top £500m
Guy Carpenter has estimated Storm Éowyn, which hit the UK and Ireland last week, will result in a wind-related industry loss of €621m (£519m).
Q&A: Risto Rossar, Insly
Risto Rossar, CEO and founder of Insly, zooms in on the insurtech’s latest artificial intelligence tool and highlights further AI use cases that will enable its next phase of growth and innovation.
Two insurers fall short as Gracechurch hands out service awards
18 insurers across the UK regional and London markets have been awarded service quality marques by Gracechurch.