What fraud trends should brokers watch out for?

surveillance

Insurance Age talks to the LV fraud team about the emerging fraud trends brokers need to be aware of.

Following an increase in insurance fraud, insurers and brokers have had to deal with a higher number of false claims during the pandemic. Earlier this month, Aviva warned that fraudulent claims have grown by 10% in 2020.

In an interview with Insurance Age, Matthew Crabtree, complex and organised crime manager at LV, discusses the latest fraud trends in the insurance sector and what the company does to support brokers.

Speaking about the prevalence of policy fraud, particularly ghost broking

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