Fraud Prevention - Partners against crime?

Is it appropriate - or even possible - for insurers to stop competing and work together to snoop out claims fraud? Anne White investigates

Insurers are under tremendous pressure to keep their claims costs under control, so the need to get together and share claims fraud information is more important than ever. But are insurers reluctant to share information because they are frightened of losing competitive advantage?

The differences between insurers - whether of knowledge or of process - are what gives one company an advantage over another. And Paul Cosh, managing director of BDML Connect, believes it is right that such advantages