News Review: March - Fraud costs councils #1bn per year

Research by the public-sector risk-managers' association Alarmrevealed that local authorities were h...

Research by the public-sector risk-managers' association Alarmrevealed that local authorities were having to pay out, on average,#250,000 for fraudulent claims each year - adding up to a combined cost of#1bn in personal injuries and accidents that never happened.

The study found that the #1bn figure purely covered the cost of payoutsand did not take into account the cost to councils of investigation anddefence, which push the figure up to several billion pounds' worth oftaxpayers' money that

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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