ABI figures show 1,300 insurance scams a day detected in 2018

fraud

The total number of fraudulent claims and applications detected rose by 3% to 469,000 in 2018, with their value up 6%, according to figures from the Association of British Insurers (ABI).

The organisation reported that 1,300 insurance scams were uncovered every day, with the average con valued at £12,000. According to the ABI, the value of the detected dishonest claims was £1.2bn, down slightly from the £1.3bn reported last year.

The insurer trade body said the equivalent of two cheats every

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: