Insurance Fraud

The lengths insurance cheats will go to try to con their insurer are laid bare as the Association of British Insurers (ABI) publishes its annual detected fraud figures. At 460,000, the total number of fraudulent claims and applications detected in 2018 rose by 3% on…

Cifas, the UK’s fraud prevention service, has released new figures showing a marked increase in the number of individuals committing insurance fraud with false claims. Between 2017 and 2018, there has been a nationwide increase of 27% in fraudulent insurance claims. The new figures reveal…

The number of fraud cases reaching courts in the UK rose by 78% in 2018 according to research conducted by KPMG Forensic. KPMG’s Fraud Barometer, which records cases of alleged fraud with a value of more than £100,000, found that 453 cases with a total value…

The Association of British Insurers’ (ABI) most comprehensive analysis yet of insurance fraud highlights that a fraud of this nature is now detected in the UK every minute. For the first time, the ABI’s annual detected fraud figures include data on application fraud, where details…

Detective Chief Inspector (DCI) Andrew Fyfe has been appointed as the new head of the City of London’s Police’s dedicated Insurance Fraud Enforcement Department (IFED). DCI Fyfe brings with him 26 years of experience as a police officer, most recently within the National Fraud Intelligence Bureau,…

The total value of reported fraud in 2016 hit a five-year high, increasing by 31.5% to reach a level of £2 billion. Despite this hike outlined in the latest BDO FraudTrack analysis, which examines reported fraud cases in the UK valued at over £50,000, the number of…

The City of London Police has appointed a new head of department for its specialist Insurance Fraud Enforcement Department (IFED). Detective Chief Inspector (DCI) Oliver Little takes on the role of leading the IFED team from DCI Angie Rogers, and is now looking to build on the…

Harriett Baldwin (Economic Secretary to the Treasury) and Minister of State for Justice Lord Faulks have welcomed a series of recommendations by the Insurance Fraud Task Force (IFT) that will assist in tackling insurance fraud, reducing costs and protecting the interests of honest consumers. The final recommendations…