Web-based tool aims to deal with contract fraud

A new web-based tool has been launched to help brokers and insurers tackle the serious problem of employee and contracting fraud facing the industry.

Fraud-i aims to educate employees in medium to large organisations using online education and subtle electronic questionnaires to discover where the theft is taking place.

This could be crucial in tackling kickbacks, advantageous loans given by brokers to friends and misappropriation of insurers' funds; just some of the issues plaguing the industry

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