Ghost brokered policies up by 14% in the last year, says Smartdriverclub
Telematics provider uses data analytics to filter out ghost brokers.
Telematics provider Smartdriverclub Insurance has stated it is using data analytics to identify trends in proposer details that are common to ghost brokered policies in order to filter out suspect insurance applications.
The business said this was in response to a 14% rise in ghost brokered policies over the past year.
It detailed that where the firm identifies a possible attempt by a ghost broker to secure cover, the ‘customer’ is driven to the phone line to complete the quote and payment
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