Fraud – Page 10
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News
Three taxi drivers convicted of fraud by misrepresentation
ERS’s claims manager said the case demonstrated ’an act of wilful deception’, which is why the insurer felt it ’had no choice but to pursue a criminal prosecution’
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News
Motorcyclist fails to ride off with £20,000 personal injury claim after fundamentally dishonest verdict
The claimant, who pursued the case for five years, has been found fundamentally dishonest by the County Court at Kingston upon Thames
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News
Lack of cover leaves SMEs exposed to cyber attacks – Aviva
Over three-quarters of businesses do not have any cyber insurance cover in place, despite escalating digitisation
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Features
Industry braces as full effect of pandemic and whiplash claims reform coinciding yet to be seen
Long Covid could add an extra layer to coronavirus disease claims, however establishing causation will prove difficult, says roundtable attendees
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News
Crash for cash scams still ‘a strategic priority’ as lockdown offers organised fraud opportunity
Crash for cash fraud is ‘still alive and well’ despite the Covid-19 pandemic meaning Brits are driving less, said expert industry panel
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News
Carpenters Group calls on government as Google ad spoofing still an issue
The law firm has been in discussion with several government ministers about expanding the scope of the Online Safety Bill
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News
Backchat June 2021
Crash for cash gang hotspots, charitable insurers and the insurance product people complained about most over lockdown. What has the insurance industry been up to this month? You heard it here first…
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News
Taxi driver ordered to pay £42,310 following insurance fraud
A 53-year-old man has been working as a taxi driver, despite claiming that he was unable to work after sustaining injuries in a road traffic accident back in 2007
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News
Perception that extortion cover fuels cyber crime is ‘misguided’ – CFC Underwriting
The firm’s cyber development leader believes ‘the last option we want is to remove extortion coverage’, but that applying sub-limits could be a viable route forward
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Features
Fraudsters unafraid to ‘exploit hard times’ for insurance scams
Insurance industry needs more time to understand the ‘ripple effects’ of recession-induced fraud
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News
Guidewire backs draft Online Safety Bill extension to include financial scams
Guidewire’s chief innovation officer says that cumulatively, financial scams risk the reputation of the industry
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News
Aviva uncovers escalating GI fraud by organised gangs and chancers
Insurance claims tainted with fraud amounted to more than £113m last year
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News
Two in three home insurance buyers manipulate truth to get cheaper cover
LexisNexis Risk Solutions’s senior claims manager says that home insurers need to ’tackle the common misconception that they actively try to avoid paying out claims’
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News
CNA Hardy allegedly paid $40m to ransomware attackers
The firm said in a statement that the investigation is ongoing, but it has shared some information regarding the ransomware attack in March
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News
Claims Excellence Awards finalist 2021 Q&A: SBS’ AI fraud claims bot leads to 24% increase in withdrawn claims
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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News
Claims Excellence Awards finalist 2021 Q&A: Cazana’s Companion tool gives vehicle claims teams the ‘full picture’
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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News
Claims Excellence Awards finalist 2021 Q&A: Horwich Farrelly’s counter-fraud program expected to save insurers £18m
The winners will be revealed at a free virtual ceremony on 27 May 2021, but delegates need to register in advance
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IT Interview
Mike Brockman: The future of telematics provides an ‘opportunity for brokers to flourish’
ThingCo founder and chief executive believes telematics can ‘enhance’ customer relationships and help stamp out fraudulent claims
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News
Side hustle spike causes motor claims concern - ThingCo
Delivery driving, in particular, carries a greater amount of risk than vehicles insured for social, domestic and pleasure purposes