It's good to talk as false claims slashed by third
Insurers and brokers could cut fraudulent claims by up to 30% using simple psychological techniques on claims below the £1,500 threshold according to a prominent loss-adjuster.
Crawford & Company said many fraudulent claims could arise when insurers refer claims below the threshold of £1,500 direct to retailers to handle.
Bobby Gracey, UK head of counter-fraud solutions, said: "Most insurers will have a threshold over £1,500, and anything below that they appoint firms like Allied Carpets or
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Kingfisher hits Fresh sellers with allegations of deceit
- Barbon Insurance Group bought by PIB
- SME specialist Ballantyne Brokers launches
- Broker Exchange: Regulation deluge impacting some brokers’ survival chance
- Geo Underwriting moves into the captive market with latest acquisition
- Brunel Insurance Brokers buys Coventry broker
- ERS solidifies move into commercial with Lloyd’s deal