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Collaborative initiative puts £400 million worth of online claims under spotlight

Hundreds of millions of pounds’ worth of unchallenged malicious refunds targeting some of the biggest names on the High Street will now be subject to renewed forensic analysis thanks to a new online tool that allows retailers to share data and profile serial claimants...
Posted On 30 Oct 2019
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“Average cost of insurance fraud now tops £12,000 mark” reports ABI

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 the previous...
Posted On 03 Sep 2019
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Tackling Economic Crime Awards launched to honour security and law enforcement professionals

Economic crime has a significant impact on the UK;s economy, with – according to the Office for National Statistics – an estimated 3.24 million fraud offences taking place in the year ending March 2018. Organised by the World Excellence Awards team who also run the...
Posted On 01 Mar 2019
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IFED secures 239 years’ jail time for fraudsters as specialist unit turns seven

The City of London Police’s Insurance Fraud Enforcement Department (IFED), which has now secured 239 years in custodial sentences, is celebrating its seven-year anniversary this month. Since its inception back in 2012, the IFED has convicted 433 insurance fraudsters leading to...
Posted On 10 Jan 2019
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Association of British Insurers reveals true extent of insurance fraud in UK plc

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...
Posted On 23 Aug 2018
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City of London Police’s IFED targets ‘opportunistic’ insurance fraudsters in nationwide crackdown

A man who claimed he had suffered an injury at a shop, but was recorded on CCTV deliberately falling to the floor and pulling boxes on top of himself was among those targeted by the City of London Police’s Insurance Fraud Enforcement Department (IFED) in a nationwide operation...
Posted On 25 May 2018
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Government and ABI welcome proposed IFT measures designed to tackle insurance fraud

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...
Posted On 25 Jan 2016