Fraud

Insurance Fraud News: Clyde & Co Shut Down £100K False Injury Claim

Global law firm Clyde & Co has won a significant victory in the Courts using Section 57 of the Criminal Justice and Courts Act to have an exaggerated injury clam for almost £100,000 discontinued. The […]

Big Data

Credify Expands Anti-Fraud and Financial Services Checks

Credify.at, a new player on the Austrian credit agency market founded in 2017, is expanding its service portfolio and now offers solutions in the field of fraud prevention and financial advanced analytics. Never have companies […]

Artificial Intelligence

InsurTech News: Amelia City AI Showcase Launches in NYC

Artificial Intelligence is evolving rapidly, and one aspect where AI can really make a difference in the world of insurance is by offering enhanced facial recognition, especially online. Imagine a future quote comparision app, or […]

Emerging Risk

CFC Launches Comprehensive Fintech Insurance Product

Specialist insurance provider, CFC, has launched its first insurance solution for financial institutions. CFC’s Investment Management Insurance (IMI) policy is the first in a suite of products designed to address the challenging risk environment faced […]

Emerging Risk

Dixons Carphone Warehouse Data Breach Highlights Risks For Insurance Sector

The news that the Dixons Carphone Warehpuse group suffered a data breach involving almost 6 million accounts highlights the huge risks in the growing cyber insurance sector. Although Dixons-Carphone (DC) say that no fraud has […]

Big Data

AIG Research Finds New GDPR Rules May Cause Spike in Cyber Claims

AIG Europe research found that a further surge in data breach and other security failure insurance claims is expected after the EU General Data Protection Regulations (GDPR) come into force this week. A record breaking year […]

Fraud

Insurance Fraud: Clyde & Co Find Way to Dismiss Potentially Bogus Claims

Clyde & Co’s specialist fraud team has pioneered a new process with the insurance industry which capitalises on the previously little-utilised Section 57 of the Criminal Justice Act to ensure exaggerated personal injury claims are […]