IFED
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.
Insurance employee jailed for £129,000 fraud
The man was jailed yesterday for abusing his position at three different insurance companies to fund trips to Disneyland.
Former Axa claims handler jailed for fraud
Fraudster sentenced to a year in prison after stealing more than £10,000 from Aviva, RSA, Allianz, Direct Line and Axa.
Quizzical questions: 1 June 2018
Test your knowledge of the week's news with our topical quiz.
Ex-broker jailed for ghost broking and fraud
Former insurance broker was sentenced to 12 months in jail after gaining £25,000 from setting up fake car insurance policies and using his contacts book from his time as a broker.
Quizzical questions: 9 February 2018
Test your knowledge of the week's news with our topical quiz.
Ghost broking costs revealed in new police campaign
Over 850 reports of ghost broking made to Action Fraud in the last three years.
Gang collared after £95,000 card scam on 1st Central uncovered
Thirteen fraudsters were sentenced for conspiracy after the fraud was found out and reported to IFED.
Review of the year: June 2017
Acquisitions, the Queen's Speech, redundancies, fraud and orders from the FCA made up the most read stories in June.
#Insagepeople: 13 - 19 November 2017
Keep up to date with all the latest people moves.