Fraud

Fraud: Horwich Farrelly and LV= Bring Justice to Claims Management Scammer

12 July 2019 // 0 Comments

Horwich Farrelly, the leading specialist insurance law firm, and LV= General Insurance (LVGI) have dealt a further blow to dishonest claims enablers by securing the committal [...]

Pen Underwriting and Mills & Reeve Recover £3.7m of Cyber Fraud Cash

4 July 2019 // 0 Comments

Detecting insurance or financial fraud is often all about following a data trail, looking for patterns, leaks from the same USB, laptop or mobile device, plus good old [...]

Fraud: Dodgy Compliance Officer Convicted After FCA Investigation

30 June 2019 // 0 Comments

Fabiana Abdel-Malek was sentenced to 3 years’ imprisonment and Walid Choucair sentenced to 3 years’ imprisonment recently, in respect of five offences of insider dealing. [...]

Insurance Fraud: Is Hide & Crash the New Crash-ForCash Scam?

28 June 2019 // 0 Comments

Motor fraudsters have adopted a dangerous new tactic to trap unsuspecting drivers in ‘crash-for-cash’ scams according to anti-fraud experts at AX, the provider of [...]

Cyber News: Intelligence Network Aims to Combat Online Fraud & Hacking

28 June 2019 // 0 Comments

The Intelligence Network, a coalition of 1,500 global members from academia and industry, has unveiled its vision to tackle the growing issue of cyber fraud. The vision [...]

Opinion: Three Tactics for Tackling Insider Cyber Threats

14 June 2019 // 0 Comments

In this piece, Mark Rayner, Head of Financial Services Consulting at BAE Systems offers some useful advice for those in the insurance industry, and the wider workplace, on [...]

UK Industry Develops Anti-Fraud Database, 11 Insurers Sign Up

13 June 2019 // 0 Comments

A key milestone has been reached in developing an industry-wide counter fraud intelligence sharing platform today, as 11 market-leading insurers gained access to the [...]

Coverbox Data Reveals Multi-Claim Fraud Attempt – £55,000 Scam, Denied

11 June 2019 // 0 Comments

On the 4th March 2019, Coverbox received a claims report request from an insurer. The incident had taken place towards the end of last year in the Oldham area. At first [...]