New research on fraud

Insurance fraud in the UK business community costs at least £550m a year, new research has revealed. Key findings of the MORI survey included: up to one in seven claims made by businesses are exaggerated; one in three of the UK's biggest firms supplied false information and one in 12 firms believed exaggerating a property or motor claim was acceptable. However, it was also found that firms are victims, with 10% of companies and two thirds of larger ones being the target of a false compensation

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