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Estimated 10% of Young Drivers in Ireland Using Ghost Brokers

13 January 2023 alastair walker 0

A new survey of insurance customers in the Republic of Ireland has highlighted the risks facing young people in the region who are being targeted by ghost brokers selling fake insurance policies. The study by LexisNexis® […]

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NFU Mutual Warns On Ghost Brokers

8 October 2022 alastair walker 0

As the cost of living keeps on rising, more people will be tempted by offers of cheap car insurance online. But often, there is no policy – and no broker. NFU Mutual is warning ghost […]

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IFB Warns on Ghost Broking Scams Online

3 October 2022 alastair walker 0

Drivers are being urged to watch out for bogus motor insurance deals rife on social media, following warnings far more people could fall for the scam amid the cost-of-living crisis. Fake motor insurance deals which […]

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ACSO Feedback on the Latest ABI Insurance Fraud Stats

26 August 2022 alastair walker 0

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, […]

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Ghost Broker Scammed 50K From Fake Insurance Policies

9 July 2022 alastair walker 0

A man from London has been sentenced for setting up hundreds of fraudulent insurance policies on behalf of other people by using false details and compromised bank accounts, reports the IFB, part of the City […]

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Insurance Regulation

FCA Hiring 80 Staff To Boost `Rogue Firm’ Shutdown Powers

7 April 2022 alastair walker 0

The FCA has launched a new strategy to improve outcomes for consumers and in markets throughout the UK. As the FCA’s remit is broad and growing, the three-year strategy prioritises resources to prevent serious harm, set higher […]

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Insurance claims

IFB Warns on Ghost Brokers

26 November 2021 alastair walker 0

The Insurance Fraud Bureau (IFB) is warning drivers to watch out for fraudsters selling fake car insurance on social media, as it reveals over 21,000 fraudulent motor insurance policies were reported to it by insurers […]

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Motor Insurance

Avoid These Five Common Car Insurance Scams

22 October 2021 alastair walker 0

Vanarama has sent IE some handy tips on common car insurance scams; 1.Ghost Broking – Run these checks on ‘too good to be true’ deals on social media Car insurance scammers have been targeting the […]

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