The crime of the century?

John Sims, European head of personal lines at Chubb, discussesefforts to combat one the fastest-growing frauds of the new millennium -ID theft

The potential for crime increases when rewards become greater thanpossible risk. As times change, a particular crime may become morelucrative or easier to commit, often because of a change in circumstancesor the development of a new technology. Identity fraud is a classic casein point.

Essentially, identity fraud is another name for theft byimpersonation.

An individual's personal details, from date of birth and address tocomprehensive bank account information, are literally stolen by thecriminal

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Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

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