Staged fright
Fraud has always been notoriously difficult to determine and quantify - all that is certain is that it is costing the insurance industry millions of pounds a year.
In personal lines, the Association of British Insurers estimates that organised motor fraud costs the industry more than £200m in insurance per year and has increased motor premiums by around 5%. In addition, the Insurance Fraud Bureau (IFB) believes that, at the current rate of growth, a further 20,000 fraudulent crashes will take
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]
Most read
- Aviva UK sees COR deteriorate and operating profit slip
- Tribunal overturns CMA Most Favoured Nation clauses ruling and £17.9m Compare The Market fine
- FOI reveals scale of FCA investigation into leaseholder insurance
- Policy Expert targets doubling within five years, says CEO Steve Hardy
- GRP-owned Newstead promotes Sarah Giles to managing director
- Gallagher denies negligence and breaches over Paradigm claim
- MGAs rising up GRP’s buying plans