Skip to main content

Insurance fraud soars

Sarah Adams - Ordnance Survey

According to new research by Ordnance Survey nearly three quarters of UK fraud investigators have seen an increase in fraudulent claims

Insurance fraud continues to soar, according to new research by Ordnance Survey. Nearly three quarters (74%) of UK insurance fraud investigators (IFIs) interviewed said they have seen an increase in fraudulent claims since the beginning of 2009.

Four out of five believe the situation will continue to get worse while the top issue highlighted was the credit crunch further fuelling fraudulent claims, followed by fraud being committed at the point when people first take out their policies (43%).

Mo

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 info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Show password
Hide password

Analysis: Are employee benefits the new diversification frontier for GI brokers?

This year, Top 100 UK brokers Jensten, Lloyd & Whyte and Clear have all joined amii, a trade body representing intermediaries advising on health insurance, protection and wellbeing services, while others have acquired in this space. Sam Barrett looks at why firms more closely associated with general insurance broking are branching out to capitalise on opportunities in the employee benefits market.

Most read articles loading...

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: