Commercial motor - the ongoing threat of fraud

While motor fraud has been widely reported in the personal lines space, criminals are now increasingly turning to commercial targets. At a recent roundtable hosted by Insurance Post, in association with CRIF Decision Solutions, counter-fraud specialists discussed how commercial motor is also being targeted – and what insurers can do to mitigate the ongoing threat.

This article provides a summary of the key discussion points.

Topics covered include:
•    Can the measures adopted to prevent personal lines fraud be implemented in commercial motor insurance?
•    How can brokers help mitigate risk?
•    Are policies secured via e-trading more susceptible to fraud?
•    Why opportunistic fraud is on the rise.
•    Best practices for sharing information across the industry.