InsureTech

SaaS Funding: Liberate Launches With $7m in Seed Capital

Some funding news from California; (Liberate), a software-as-a-service (SaaS) platform that enables P&C insurers to fully automate claims and underwriting journeys, announced its launch recently, after raising $7 million in venture funding. The platform empowers […]

Insurance claims

IFB Launches New AI Counter Fraud System

This new potential fraud detection solution looks promising on paper, let’s see if it delivers results in the fight against organised fraud like crash-for-cash, fake injury/illness claims, mysterious old building fires or spotting vehicles with […]

News

Money Laundering? Quite a Bit in The Estate Agency Sector

Always good to know the latest trends in money laundering if you work in insurance fraud teams. Here’s some useful data from Credas; Sector data analysis and insight by Credas Technologies, the leading identity verification […]

News

CashForCars Opens New HQ in Scotland

Vehicle remarketing and recycling business Copart UK is bringing investment and job opportunities to the Fife area with the opening of their new CashForCars.co.uk headquarters in Kirkcaldy. Launched in 2021, Copart UK’s sister company CashForCars.co.uk […]

InsureTech

Deals: Stubben Edge Secures £5.6m Funding Boost

UK-based InsurTech Stubben Edge Group (the Company) has secured a further £5.6m in investment following an over-subscribed £10 million round in September last year. Cornerstone investors include a number of Lloyd’s Names, Nigel Wray, Dowgate […]

News

ACSO Feedback on the Latest ABI Insurance Fraud Stats

Some feedback on those ABI stats on insurance fraud; Commenting on the publication of the ABI’s fraud report, Matthew Maxwell Scott, executive director of ACSO, said: “It’s great to see a further drop in fraud, […]

Global insurance trends

Fake Collision Claims Result In Felony Charges

Latest dodgy dealings news from California’s Dept of Insurance; Branden Heywood, 30, of Chino, was arraigned recently on 39 felony counts of insurance fraud after an investigation found he allegedly acted as the leader of […]