Unity can help us tackle fraud

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As ‘slips and trips’ takeover from ‘crash for cash’ as fraudsters’ favourite plots, Graham Gibson says the industry must work together to identify fraud

As changes in the law close the door on ‘crash for cash’ for many insurance fraudsters, their attention is now turning to ‘slips and trips’.

We’re seeing increases of nearly 10% a year for the last three years in the volume of casualty cases we’re referring for investigation. 

Our investigations secured an extra £2.3m in savings last year, compared to the year before. That’s money that may well have added to our clients’ premiums if we hadn’t recovered it.

This is symptomatic of a wider problem

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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

GIC completes Miller deal

Institutional investor GIC has completed the takeover of Miller, buying out previous co-investor private equity house Cinven.

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