Abdul Hakim pleaded guilty to all charges of fraud by false representation after trying to steal over £321,000 by selling fake car insurance policies and making fraudulent claims.
FCA figures show that cyber incidents reported by general insurance firms went up from 1 to 11 in just 12 months.
Over 850 reports of ghost broking made to Action Fraud in the last three years.
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Thirteen fraudsters were sentenced for conspiracy after the fraud was found out and reported to IFED.
Ida Axling and Emmanuel Kenning cast their eyes over the top stories of the week.
Former employee James Cunnington was found guilty of defrauding the company in November last year.
Bluefin being fined £4m by the FCA dominated the interest of Insurance Age’s readers in the final month of there year. There were two stories in the top five but there was also room for a new MGA, a fraud court case and another look at Amazon’s insurance…
A ban for Aviva, ongoing Ogden rate issues, job losses at LV, a potential deal for Henderson and a fraud court case with an ex-RSA employee were all part of an action packed month.
Losses at Ageas Retail, Kanye West, bribery offences and the deal between Allianz and LV hit the headlines in August.
Former Arthur J Gallagher claims manager James Cunnington to be sentenced in January for stealing from the broker.
Stephen Sadler, of legal firm Ashfords, argues that brokers should encourage insurers to bring private prosecutions in some fraud cases.
Jake ‘Brutal’ Bostwick’s dishonest claim to Aviva was found out when he competed in a fight while claiming for injuries.
Technology is helping to catch up with fraudsters, but there’s still a place for human intuition and intervention. Sam Barrett reports
The top five most read whitepapers by brokers on sister site Insurance Hound in June and July.
Former staff member goes to prison as accomplice gets suspended sentence following pleading guilty to defrauding the insurer.
Deals, bribery offences, Arnold Schwarzenegger and Kanye West hit the headlines this week and make up the five most popular stories.
Five people in total sentenced after the three employees made £7,000 from selling confidential customer data.
The woman was found guilty of stealing customer information and also received a compensation order of £4,500.
ABI figures reveal the scale of organised fraud and warns of opportunistic motor fraud.
The software house is making Equifax checks available via its fraud validation platform.
The general election, an FCA appointment, premium movements, a new commercial division and fraudulent activities make up the top clicked stories in the past week
Perpetrator sentenced to jail time as Ageas said the fraudulent activity had not impacted customers in any way.
Tulsi Naidu, UK chief executive at Zurich, has a message for the Prime Minister ahead of the snap General Election.