Axa investigates 400 motor claims in anti-fraud effort

The insurer's current casebook of these types of incidents would lead to payouts of around £9m if all the cases were valid, but past experience has suggested that many will be proven dishonest or grossly exaggerated.

Tim Hanman, deputy claims manager, non-marine, at Axa, which covers third party insurance of large commercial fleets, said while the fraud problem has received substantial publicity, all parties will need to raise their guard. "Fraud is rising in business, on the internet, in banking