IFED
Nine ghost broker actions in police counter-fraud Operation Henhouse
Police officers from the Insurance Fraud Enforcement Department have served nine cease and desist notices over a two-week period to help tackle ghost brokers.
IFB reveals new ‘crash for cash’ hotspots across UK
The Insurance Fraud Bureau has detailed the top 10 new areas targeted by ‘crash for cash’ gangs as it warned drivers to be vigilant of the scam.
People Moves: 11 - 22 April 2022
Keep up-to-date with the top personnel stories on Insurance Age.
Fraudulent claim value goes up but detection rates also increase
ABI data shows the average fraudulent insurance claim has now reached £12,000 as the the body praises the efforts made by insurers’ fraud investigation teams throughout the pandemic.
Former Allianz employee sentenced for stealing £67,000 from insurer
The man, who fled to the United States while the case was under investigation, was sentenced to two years imprisonment, suspended for two years and community service.
Ghost broker sentenced for selling fraudulent Esure policies
The fraudster had previously pleaded guilty in June this year to fraud by false representation, money laundering, forgery and to the offence of being an unauthorised broker.
Police in nationwide ghost broking crackdown
Seven people were arrested following the operation by City of London Police.
Ex-Allianz employee sentenced for fraud by abuse of position
The fraudster, a broker relationship manager, was sentenced to two years imprisonment suspended for two years and 180 hours of unpaid work after pocketing £106,000 for setting up fake insurance policies and redirecting claims payments.
Reported ghost broking cases rose by nearly 10% in 2020
IFED warns of ghost brokers exploiting the pandemic, with fraudsters targeting victims on social media.
Insurance Covid-Cast: Combatting coronavirus-related insurance fraud
In the 29th episode of Post and Insurance Age’s video series we gathered together an expert panel to discuss the prevention, detection and prosecution of insurance fraud at a time of pandemic.
People Moves Round-up: 8 - 12 June 2020
Keep up to date with the latest people moves.
Suspected ‘ghost broker’ under arrest
Police arrested a man yesterday (27 May) for selling fraudulent car cover and offering it to NHS workers at a discount.
CMC employee jailed for fraud and abuse of position
The individual stole nearly £18,000 from the CMC and attempted to steal approximately £17,000 more.
ABI figures show 1,300 insurance scams a day detected in 2018
Detected dishonest claims reached a value of £1.2bn during the year.
Is the industry doing enough to stop ghost broking?
With ghost broking back in the news, commissioning editor Laurence Eastham asks a panel of five experts what the industry can do to tackle the problem.
Former AIG claims handler jailed for £390,000 fraud
The convicted admitted to defrauding the company in order to fund his drug habit and has been sentenced to two years in jail.
Ghost broker sentenced for 18 counts of fraud
The “prolific” scammer was caught after Hastings identified a number of incepted policies in 2016.
Ghost broker jailed for two years
Scammer was sentenced after setting up fake companies and buying fraudulent fleet policies worth £60,000.
Man jailed again after double insurance fraud
Fraudster took out fake insurance policies just weeks after he was released from prison for scamming 150 drivers.
Ex broker jailed for £140,000 fraud
Woman made 31 false claims, including that her daughter was a victim in the Manchester Arena terrorist attack.
Police launch second phase of campaign against ghost broking
Ifed says 17-24 year olds most likely to fall victim to fraudsters selling fake car insurance.