Fraud
FCA warns of Essex broker clone
The Financial Conduct Authority has warned of a clone claiming to be Essex-based Ignite Insurance Brokers.
Broker given five years prison sentence for stealing over £133,000
An insurance broker who diverted payments totalling more than £133,000 into his own personal bank account leaving clients without cover and faking claims has been sentenced to more than five years in prison.
IFB appoints Zurich’s Clayton as chair
The Insurance Fraud Bureau has named Scott Clayton, head of claims fraud for Zurich, as chair, stepping into the role on 1 January 2026.
ABI: fraudulent insurance claims topped £1bn again in 2024
The Association of British Insurers has revealed the value of detected fraudulent general insurance claims hit £1.16bn in 2024, up 2% from the previous year (2023: £1.1bn).
Aviva demands crackdown as ghost broking surges 22%
Aviva has called for tougher enforcement, stronger penalties and better education to crackdown on ghost broking as it detected a 22% surge in cases since 2023.
Brokers on the ‘frontline’ in tackling insurance fraud
Nearly one in five people (19%) believe it’s justifiable not to disclose the full truth on an insurance application – a figure that rises to 21% among those with motor insurance, research by Ageas UK has revealed.
FCA issues warning of Close Brothers clone
The Financial Conduct Authority has issued a warning of fraudsters trying to scam people as a clone of Close Brothers.
Zurich strengthens fraud defences with AI
Zurich Insurance has partnered with Quantexa to increase the power of its real-time fraud detection via an artificial intelligence-enabled platform.
New MD takes the reins as loss adjusting firm completes MBO
Independent loss adjusting business Williams Pitt has undergone a management buy-out.
Allianz uncovers £93m in fraud in first half of 2025
Allianz UK detected over 15,800 insurance frauds across personal, commercial and specialty lines worth £92.6m in the first six months of 2025.
Serial ghost broker sentenced after ignoring repeated warnings from IFED
A man has been sentenced for his role as a ghost broker, despite numerous warnings from the City of London Police’s Insurance Fraud Enforcement Department.
Aviva prevents £60m in fraudulent claims in the first half of 2025
Aviva’s counter fraud team has stopped over 6,000 fraudulent insurance claims in the first six months of this year, amounting to more than £60m.
RSA: brokers need to help clients prepare for new tougher anti-fraud legislation
Nearly 25,000 UK businesses could be at risk of criminal liability under the new crime and transparency act.
GoShorty urges vigilance after uncovering website clone
Temporary car insurance firm GoShorty has confirmed it identified a cloned website as part of its routine brand and security monitoring processes and set out the steps taken to protect consumers including alerting the Financial Conduct Authority.
Less than 1-in-5 people aware of ghost brokers – Ageas
Just 1-in-10 adults aged 55+ had heard of ghost brokers, according to a poll by Ageas.
Interview: DCI Nik Jethwa, head of the insurance fraud department at the City of London Police
Detective Chief Inspector Nik Jethwa, head of the insurance fraud department at the City of London Police, tells Insurance Age why he is optimistic about the outlook for fighting insurance fraud, including ghost broking, with industry collaboration and…
FCA warns of Brighton broker clone
The Financial Conduct Authority has warned of a clone claiming to be Brighton-based Premium Wise Insurance Brokers.
Father and son sentenced for ghost broking scam
A father and son have been sentenced for their roles in a ghost broking scheme, following an investigation led by the City of London Police’s Insurance Fraud Enforcement Department.
Ghost broker sentenced
A ghost broker has been sentenced to 12 months’ imprisonment, suspended for 12 months with a requirement to complete 150 hours of unpaid work, after selling two fraudulent motor insurance policies to unsuspecting members of the public.
Zurich FOIs reveal workplace theft declining
A total of 4,562 workers were caught stealing from their workplace in the last year, data released by Zurich UK has revealed.
City of London Police leads nationwide crackdown on ghost broking
The City of London Police’s Insurance Fraud Enforcement Department has led a nationwide period of action targeting ghost brokers in a coordinated crackdown on insurance fraud.