Serious Fraud Office poised to check Independent

The Serious Fraud Office is poised to launch an investigation into Independent Insurance, following t...

The Serious Fraud Office is poised to launch an investigation into Independent Insurance, following the company's announcement it had gone into provisional liquidation.
The decision to involved the SFO is an unusual one, marking the gravity of the situation. Anyone found to have committed a fraud at the company could face jail. Industry gossip is focussing on so-called claims holidays, in which it is said the company delayed claims payment. This would make the company's financial position

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The growing role for brokers in fighting insurance fraud

With reports of fraud escalating in terms of value or number, the role of brokers in combatting these crimes should not be underestimated. Edward Murray looks at the controls, validation tools and processes being implemented to support both detection and prevention.

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