Fraud
Northern Ireland aggregator alerts drivers on ghost broking signs
Aggregator CompareNI has reported 49% of Northern Ireland drivers admitted they could not spot a fake insurance policy as it urged motorists to lookout for the telltale signs of ghost broking.
FCA warns firms of fake texts in two-step bank details scam
The Financial Conduct Authority has sounded the alarm about scam MyFCA text messages and has urged firms not to share any information including bank details.
Dayinsure joins IFB
Top 100 UK broker Dayinsure has joined the Insurance Fraud Bureau as its first new member of 2026.
FCA warns on fake letters
The Financial Conduct Authority has warned of fake letters claiming to be from deputy CEO Sarah Pritchard and referencing a fake FCA employee.
Ghost broking victims almost double in 2025
The number of victims of motor insurance ghost broking scams leapt by 93% in 2025, according to analysis by Synectics Solutions, as it called for greater cross-organisation intelligence sharing.
FCA warns of two cloned websites of Gauntlet AR
The Financial Conduct Authority has warned of fraudsters claiming to be Gauntlet appointed representative J L Insurance Solutions, highlighting two extensive cloned websites.
Allianz UK prevents almost £174m in fraud in 2025 record
Allianz UK’s fraud team detected and saved nearly £174m in fraudulent claims in 2025, a record level for the insurer.
ManyPets confirms social media clone
Pet insurance managing general agent ManyPets has confirmed a customer was contacted by an X account impersonating its brand and has issued a warning on how increasingly convincing scammers can appear.
Coalition claws back £16.4m of policyholders’ stolen funds in 2025
Cyber insurer Coalition recovered £16.4m in stolen funds for policyholders around the world last year, with an average recovery of £152,053.
Five arrested including ex-Met officer as police hit spoof motor insurance apps network
Five people, including a former Metropolitan Police officer, have been arrested across London today in a crackdown on a network selling spoof vehicle insurance ‘apps’.
Ecclesiastical uncovers £3m of fraudulent claims, down on 2024
Ecclesiastical Insurance has reported it uncovered £3m in fraudulent claims during 2025, down from the more than £4m detected in 2024.
FCA issues warnings over DLG and short-term cover broker clones
The Financial Conduct Authority has warned of two clones claiming to be Covertime and UK Insurance, part of the Direct Line Group.
Addept launches rental fraud defence product
Addept Insurance Services has launched a specialist landlord legal protection solution addressing the impact of property title fraud and illegal sub-letting by tenants.
FCA warns of Essex broker clone
The Financial Conduct Authority has warned of a clone claiming to be Essex-based Ignite Insurance Brokers.
Interview: Tigi Singhateh and Adrian Best, Invicta Insurance Services
Since coming on board in 2022, Invicta Insurance Services’ leaders have doubled the size of the business, despite having to deal with a fraudster. With the now ex-employee jailed and the case firmly behind them, they are targeting doubling again.
No punching the air, just a sense of relief – broker leaders on ex-employee fraudster being jailed
On 20 November this year ex-Invicta Insurance Services employee Leon Price was sentenced to a total of five years and three months in prison for stealing over £133,000. The broker's managing director Tigi Singhateh and operations director Adrian Best…
Government’s motor insurance taskforce report sparks ‘fudge’ and ‘credible job’ reactions
The government has published its Motor Insurance Taskforce Report, whose work has been both praised as a “credible job” and slammed as “rehash” and a “fudge”.
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.