Fraud

Fraud Attempt Every Five Minutes, Says ABI

The latest from the ABI: The industry’s relentless pursuit of insurance cheats to protect honest customers is delivering results, with the equivalent of nearly 300 fraudulent claims and just over 2,000 dishonest applications being detected […]

Fraud

Pen Underwriting Renews Deal with Lloyd’s Partners on Cyber Coverage

Pen Underwriting has underlined its commitment to providing brokers with fast, flexible and effective cyber insurance cover for their clients in key territories around the world, following the successful renewal of multiple binders with its […]

Fraud

Scams, Fraud and Insurance Crime Round Up August 2020

Just some interesting cases we spotted online recently; DORSET Dorset Police stopped a speeding Range Rover recently, posting a photo to their Twitter account with the following comments; “The driver of this £70,000 Land Rover […]

Fraud

IFED Warning: Covid-19 Insurance Scammers Are Out There

The Insurance Fraud Bureau (IFB) in partnership with City of London Police’s Insurance Fraud Enforcement Department (IFED) and the Association of British Insurers (ABI) are warning the public to be alert to a potential rise […]

Fraud

Amazon Puts AI Powered Fraud Alert System On General Release

Amazon Web Services Inc. (AWS), an Amazon.com company, recently announced the general availability of Amazon Fraud Detector, a fully managed service that makes it easy to quickly identify potentially fraudulent online activities like online payment […]