Value of insurance frauds in court last year topped 2014-17 combined
Insurance fraud cases reaching UK courts totalled £17m across 19 cases last year, KPMG has calculated.
According to the accountants, there were 24 cases with a combined value of £11.9m in the years 2014 – 2017.
The figures were released as part of KPMG’s Fraud Barometer, which records cases of alleged fraud with a value of more than £100,000.
The firm found that across society 453 of such cases with a total value of £1.2bn went to court in the UK last year.
Supercase
KPMG detailed that while
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected].
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email inf[email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Insurer
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Insurers urged to pay claims quickly following BI ruling
- Supreme Court rejects insurers' appeals in BI test case judgment
- Analysis: Gaps in the market
- Test case insurers promise action after Supreme Court defeat
- A-Plan to absorb Howden’s UK retail business
- US-firm AssuredPartners buys Borland Insurance as it grows UK footprint
- Voyager promotes Stephen Cox to MD