Insurance Brokers

Police Warning on Ghost Brokers & Fake Insurance Documents

The City of London Police are warning drivers about the growing number of ghost brokers, who sell fake insurance policies. Over 850 reports of ‘ghost broking’ – where fraudsters sell fake car insurance – were […]

Artificial Intelligence

Hastings Direct Chooses BAE Systems NetReveal Anti-Fraud Software

BAE Systems has won a new contract with Hastings Direct, a fast growing general insurance provider to the UK market. The deal will see BAE Systems deploy its fraud detection solution NetReveal to help the […]

Insurance claims

Telematics Delivers Hammer Blow to BMW Driver’s Insurance Fraud

Telematics data and forensic evidence captured by pioneering telematics insurance provider insurethebox, a brand of of Aioi Nissay Dowa Insurance Europe, has successfully thwarted a vehicle damage claim for £87,921 -including £79,114 in credit hire […]

Insurance Regulation

Millions of Holidaymakers Approached Over Bogus Travel Sickness Claims

As many as 9.5 million British adults have been approached about making a compensation claim for being sick while on holiday, says ABTA – the travel industry trade association. ABTA carried out a YouGov survey […]

Opinion

Opinion: Build an Online Ecosystem to Retain Customers

Retaining customers is set to become a much more important part of the insurance industry. Why? The rise of Pay As You Go, multi-product policies and consumer contact via smartphone or home-based net device such […]

Fraud

Telematics Thwarts £170,000 Bogus Insurance Claim

Telematics data captured by pioneering telematics provider insurethebox has thwarted a fraudulent insurance claim and saved more than £170,000, reinforcing the vital role of telematics data in combating motor insurance fraud. A total of five […]

Artificial Intelligence

Could AI Facial Recognition Combat Insurance Fraud?

Insurance fraud is big business. Last year, some 125,000 claims were detected in the UK, worth £1.3 billion, according to research by the Association of British Insurers. But could a new generation of AI (Artificial […]