Survey reveals lack of concern over fraud
Majority of brokers say application fraud is not a priority for their business, according to SSP survey
Almost three quarters of brokers say application fraud will not be a priority for them over the next 12 months, according to a survey by SSP.
The insurance software provider said application fraud or inaccuracies cost the industry over £1bn per year and that the survey also revealed that 65% of brokers would not prioritise claims fraud in the coming year.
“You have to be an idiot to openly say that, as an FCA regulated business, you’re not concerned about it,” said David Lamping, director and
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