The fraud squad
'Crash for cash' is just one of the methods fraudsters are employing to wangle motor payouts. Sue Jones explains how, by teaming up with police forces and crime agencies, the IFB hopes to tackle this trend
As the industry is all too well aware, Association of British Insurers (ABI) figures estimate that undetected general insurance claims fraud is currently costing over £1.9bn a year, adding £44 to the average premium paid by individual policyholders. Encouragingly, we have witnessed significant inroads in the way in which organised fraud has been tackled over the past three years. The historic lack of a collaborative effort has given way to a new environment, based on pooled data, that is far
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