Insurance Fraud Bureau (IFB)
High-net-worth fraud: A real rarity?
Many believe fraud in the high-net-worth market is rare. Is this the case, or are insurers just remaining tight-lipped about the problem?
Ghost broker ordered to pay back £17,000 or face nine-month prison sentence
Insurance ‘ghost broker’ who set up 133 false policies has been ordered to pay back £17,000 or face a nine month jail sentence.
£650,000 'crash for cash' gang sentenced
A sprawling crash for cash gang has been sentenced for its involvement in a £650,000 scam involving 23 insurers.
Closing the claims liquidation loophole
Regulatory powers to crack down on rogue claims management companies are to be passed to the Financial Conduct Authority
Ghost brokers have cost uninsured victims £11.5m
Police have carried out 89 investigations into ghost brokers, discovering fraud rings with a total value of £11.5m.
FCA sees dramatic rise in cyber attacks
There were 75 cyber attacks on financial services firms last year, the Financial Conduct Authority said.
Blog: 10 years of collaboration with the Insurance Fraud Bureau
In 2006, insurers were alert to the threat of organised criminal groups targeting them in an attempt to defraud millions of pounds.
Ghost broker who conned friends sentenced
A ghost broker who ripped off friends and family has been sentenced at the central criminal court.
IFB to launch new intelligence sharing platform
Names of fraudsters will be shared among insurers using a new platform launched by the Insurance Fraud Bureau.
Arrests made as a IFED and IFB investigate 'crash for crash' gang
Arrests have been made following a police investigation into a suspected Birmingham crash for cash gang.
Digital: Snooping in the age of social media
The access that private and public bodies have to our personal data has been a continual point of debate in the electronic age and the current passage through the Houses of Parliament of the Investigatory Powers Bill is a case in point
Post Blog: Why Amanda Blanc's ascension to Axa UK CEO was never in doubt
The news last week that Amanda Blanc is to become CEO of Axa UK was probably among the least surprising insurance-related announcements in the last decade
Aviva’s Tom Gardiner to chair IFB’s technical board
Tom Gardiner, head of fraud at Aviva, will take the lead on the Insurance Fraud Bureau’s technical board, replacing Richard Davies.
Axa CEO takes over as head of IFB
Amanda Blanc, CEO of Axa UK and Ireland, has been appointed chair of the Insurance Fraud Bureau.
Fraudsters are 'hijacking' genuine claims as crash-for-cash detection improves
Hijacking of genuine claims is a new tactic being employed by fraudsters as insurance fraud is increasingly being picked up by insurers
IFB appoints new investigations head
The Insurance Fraud Bureau has appointed Jason Potter as its new head of investigations, effective from today (21 March).
Claims Club: IFB will move to GWP levy in 2017 and broaden stakeholders to include aggregators and affiliates
The Insurance Fraud Bureau will move to a gross written premium levy from 2017 after undertaking a 2015 consultation of five key principles including its funding model.
Trade Voice: Taking fraud to task
The government’s taskforce has reported back with 26 recommendations on how to fight fraud.
IFB joins SRA and insurer talks over 'consistent' approach to claimant firm fraud
High level discussions are taking place between the insurance industry and the Solicitors Regulation Authority towards establishing a consolidated process for submitting evidence of fraud perpetrated by claimant law firms.
Government challenged to instigate fraud taskforce recommendations
The insurance industry has praised the final report of the Insurance Fraud Taskforce with the mantle now passed to government to work on implementing the suggested reforms.
Fraud Taskforce report hailed by insurers
Insurers have welcomed the final report published by the Insurance Fraud Taskforce, particularly the recognition of the complexities of tackling insurance fraud.
Gang of eight convicted in motor fraud
A crash-for-cash scam, which saw insurers pay out more than £120,000 to fraudsters, has seen another man convicted of conspiracy to defraud.
Major motor fraud ring in Wales busted by police
An investigation into a major crash-for-cash ring in Wales has led to 81 convictions, including some with substantial jail time, in the largest police operation into insurance fraud undertaken to date.
IFB strategy approved by ABI council
The Insurance Fraud Bureau's strategy plans were officially signed-off today (11 December) giving the green light to stretching its mandate from organised motor to property and liability fraud.