Risk tool to hit identity fraud

Brokers, professional indemnity insurers and lawyers are set to tackle the problem of identity fraud with a new risk management tool that provides an ID-checking and signature-witnessing of legal documents service.

The new service, known as Veri-fy, will be available at any of the 14,600 Post Office branches across the country, and provides users with a low cost auditable system.

Alan Benstock of Veri-fy said: "There is growing concern within the legal services sector about fraud and