Is the sector suffering an attack of the clones?

fraud

The Financial Conduct Authority (FCA) has, in recent months, issued a steady stream of warnings about fraudsters targeting the insurance sector by setting up cloned firms.

Broker Protect Your Bubble was cloned in February and Ellis David Insurance Brokers was targeted last October.

And in July 2018 Insurance Age got a Facebook page set-up by fraudsters impersonating Car Insurance 4 U removed, the page had been active for about two months.

In July this year, the regulator warned of fraudsters

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