Fraud: Fake Insurance Claim Wins Director a Suspended Sentence
A company director has been sentenced after he doctored a ‘Form of Acceptance’, which he’d used previously, in an attempt to bypass his policy’s claim limit and [...]
Fraud
FCA Says Land Bank Fraud Victims Will Share £2.5m Compensation Fund
The Financial Conduct Authority (FCA) has obtained High Court approval for a scheme to return £2.5 million to compensate victims of a series of unauthorised collective [...]
DAC Beachcroft Looks at Insurance Sector Potential in the 2020s
International law firm DAC Beachcroft has published over 80 insurance predictions, aimed at supporting the global insurance market in preparing for the opportunities and [...]
Business Insurance: CFC Launches New Cyber Excess Policy for SMEs
CFC, a specialist insurance provider and pioneer in emerging risk, today announced the release of its cyber excess solution, which gives small and medium sized businesses [...]
Japan Post Execs Resign Over Insurance Compliance Issues
The latest from Reuters; The heads of Japan Post Holdings Co Ltd and two affiliates said on Friday they will resign over the improper sales of insurance policies, after the [...]
As High Street Retailing Dies, Online Fraud is On The Rise
There are valuable lessons for the insurance industry within the decline of UK High Streets. As people shop online for just about everything, then things like face scan [...]
IFB Tips & Advice for Avoiding Crash For Cash Fraudsters At Christmas
Christmas traffic can be the Road to Hell, as Chris Rea noted, but things can get even worse if you get ambushed by those scammers keen to stage a road accident. Here’s [...]
Fraud: Crash-For-Cash Gang Jailed, With IFED Help
On Monday 2 December 2019, four men were sentenced at Liverpool Crown Court after they committed a ‘crash for cash’ but couldn’t get their story straight. The City of [...]