Fraud
Allianz reaps benefits of MoJ's electronic claims portal
Allianz has made significant savings in the five months since the Ministry of Justice's electronic portal for road traffic accident claims was set up.
LV talks tough on fraud as senior claims manager Lawless imprisoned
LV has signalled its intent to punish internal fraud, after it emerged a former claims boss at Highway has begun a three-and-a-half year fraud sentence.
Claims Event news: Ever-changing tide of regulation could leave some firms exposed
"They say it is only when the tide goes out that you know who has been swimming without their trunks on", said Ant Gould, chairman of the Claims Club, as he welcomed more than 200 movers and shakers from the claims industry.
Travel insurers go it alone on fraud database
Mondial Assistance has called for a travel insurers' database, after revealing it has entered a data sharing agreement with four other insurance firms.
Police seize £150k from "crash for cash" criminal through POCA
Airedale and North Bradford Police have fired a warning to criminals after successfully confiscating £150,000 from Mohammed ‘Mojo’ Rashid on October 11 under the Proceeds of Crime Act.
Mondial calls on travel insurance industry to back anti-fraud efforts
Mondial Assistance is calling for fellow travel insurers to get behind efforts to tackle fraud as it reports its own successes in the past few months.
ABI approves IFR trial
The Association of British Insurers has given the green light for a six-month trial of the Insurance Fraud Register.
Fraud Management Briefing news: RBSI's Clare urges more underwriting input in fraud arena
Insurers must focus on the entire length of the product cycle in order to combat fraud, a senior figure at Royal Bank of Scotland Insurance has warned.
Fraud Management Briefing news: Psychology is 'no silver bullet' strategy
The most advanced psychological techniques must be used as part of an overall fraud strategy to be most effective, Crawford's claims psychology director Nikki Grieve-Top claimed.
Fraud Management Briefing news: Ombudsman is criticised for condoning fraud
A financial ombudsman sparked debate when she questioned whether the insurance industry should always consider that a customer who exaggerates a claim has committed fraud.
Fraud Management Briefing news: Insurers warned against broad approach to litigation
Insurers who litigate broadly instead of focusing on specific fraud cases are likely to lose business, Tradex has warned.
Fraud Management Briefing news: First broker poised to join the IFB
The Insurance Fraud Bureau is set to expand its membership after inviting brokers and loss adjusters to join its network.
Fraud Management Briefing news: Allianz boss seeks support for casualty fraud forum
Allianz fraud manager Mihir Pandya has vowed to establish a casualty fraud forum with the help of the Insurance Fraud Bureau.
Fraud Management Briefing news: Fraud victims broken down
Nick Mothershaw, director of fraud and identity solutions of Experian spoke to delegates about how the insurance and credit industries can work together to root out fraud using credit verification processes and checks.
ABI gives green light to Insurance Fraud Register trial
The Association of British Insurers has given the go ahead for a six month trial of the Insurance Fraud Register, at a meeting of the General Insurance Council on 30 September.
Postscript - five years ago: Fraud database set to launch
Looking through Post's back catalogue paints a unique picture of more than 150 years of insurance news as this highlight from five years ago reveals
News analysis - Fraud: Some distance to go
While fraud detection has increased over time, there is still much more the industry could be doing in its approach. Lorraine Carolan and Craig Dickson report on what is holding it back.
BIS 2010 - News: Public sector can help fight against fraudulent applications
The public and private sectors should be working together to tackle fraud at the point of application.
BIS 2010 - Introduction: The view from the hill
Anthony Gould outlines the key debating points from two busy days in Tower Hill.
AM Best commentary: Keeping the balls in the air
While hardly a vintage year for the general insurance sector, 2009 did see an overall improvement due to investment earnings - but, says Catherine Thomas this year is unlikely to match up.
IFB agrees Detica software deal
The Insurance Fraud Bureau has entered into a five year contract with Detica for the implementation of its Net Reveal counter fraud software.
Four charged in £4m insurance scam
The Insurance Fraud Bureau has confirmed four people have been charged as part of an investigation into a £4m fraud against the UK insurance industry.
Questgates outlines SIA concerns
Loss adjusting firm Questgates has warned the government not “throw the baby out with the bathwater” after it revealed that the Security Industry Authority could face the axe.
Zurich targets mid-sized UK corporates
Zurich’s UK general insurance business is launching a new strategy and product suite for its mid corporate business – customers with a turnover greater than £5m, but less than £300m.