Fraud
Insurers celebrate at Civil Liability Bill gaining Royal Assent
However the ABI noted that the “clock is now ticking” on the first review process into how the discount rate is determined.
Ghost brokers targeting the vulnerable through social media
The Insurance Fraud Bureau and The AA have warned of a sharp rise in fraudsters focusing on victims via sites like Twitter and Facebook.
Man jailed again after double insurance fraud
Fraudster took out fake insurance policies just weeks after he was released from prison for scamming 150 drivers.
FCA issues third insurance scam warning in three weeks
Regulator tells public to be “especially wary” of dealing with Youcompareinsurance.
Clone broker claimed to be from FCA, says Ellis David
The firm’s director stressed that he hoped the fraudsters are “prosecuted to the full extent of the law” now that the regulator is aware of the crime.
FCA warns on clone of Ellis David Insurance Brokers
The regulator advised on fraudsters using details of authorised companies to scam customers.
FCA issues another clone broker warning
Unicominsurance.net appears to have been taken down.
“Dangerous” fraudsters sentenced to 18 years after huge crash-for-cash scam
The criminal “mastermind” behind the multi-million pound cash-for-crash schemes is on the run and police are appealing for help to find him.
Quizzical questions: 28 September 2018
Test your knowledge of the week's news with our topical quiz.
FCA warns of clone firm Minsura Insurance
Car insurance fraudsters targeting people in the UK in online scam.
Dual reveals product offering protection from fraudulent house sales
Policy covers fraud, forgery or impersonation by a third party purporting to be the seller, buyer or owner of a property.
Podcast: Allianz’s Sarah Mallaby gives her view on five stories from the week
Mallaby discusses Marsh’s takeover of JLT, cyber issues in the market and insurance fraud.
Ex broker jailed for £140,000 fraud
Woman made 31 false claims, including that her daughter was a victim in the Manchester Arena terrorist attack.
FCA warns on clone of Direct Line’s UK Insurance
The genuine authorised firm does not sell to the public through the brand.
Police launch second phase of campaign against ghost broking
Ifed says 17-24 year olds most likely to fall victim to fraudsters selling fake car insurance.
Podcast: Covéa’s Simon Cooter discusses the top five stories of the week
Cooter shares his thoughts on fraud, consolidation and InsurTech stories.
Quizzical questions: 31 August 2018
Test your knowledge of the week's news with our topical quiz.
Fraudsters posing as ABI in claims scam
ABI warns of CMC cold-callers claiming to be from the trade body.
Insurance employee jailed for £129,000 fraud
The man was jailed yesterday for abusing his position at three different insurance companies to fund trips to Disneyland.
Quizzical questions: 24 August 2018
Test your knowledge of the week's news with our topical quiz.
ABI figures show the "scale of the challenge" in fighting fraud
Industry experts say there is much do be done following ABI report that one insurance fraud per minute is detected in the UK.
The Blog Spot: Fighting crime
The ABI’s latest research on insurance fraud in the UK did not use the phrase “ghost broking” but it did reference a fraudster being jailed for selling fake motor insurance policies.
Insurance scams amounting to £1.3bn detected in 2017
Research from ABI reveals one insurance fraud per minute was discovered.
Ghost brokers in dock after Esure and police uncover racket
The fraudsters involved in the “elaborate” scam, which targeted minicab drivers, got suspended sentences and community service.