InsureTech

ID Fraud On The Up, Says New Research

The 2021 Identity Fraud Study, released today by Javelin Strategy & Research, reveals a daunting new threat to consumers and businesses: identity fraud scams. While total combined fraud losses climbed to $56 billion in 2020, […]

Opinion

The Interview: Global Fraud Summit Reveals Interesting Trends

Insurance Edge caught up with Dennis Toomey, Global Director for Counter Fraud Analytics at BAE Systems, to get the lowdown on the Global Insurance Fraud Summit, which took place virtually over 4 days recently. IE; […]

Fraud

Stop The Scams Campaign Launched by IFB

A national campaign, called ‘Stop the Scams’, has been launched by the insurance industry to help the public spot signs of scams and report them to the Insurance Fraud Bureau (IFB) Cheatline following predictions that […]

News

Covid-19 Is Just Another Opportunity For Scammers

The Financial Conduct Authority (FCA) is investigating more than 150 Coronavirus-related scams since the outbreak began, according to official figures. The data, obtained under the Freedom of Information (FOI) Act by the Parliament Street think tank’s cyber […]

Fraud

Scams, Fraud and Insurance Crime Round Up August 2020

Just some interesting cases we spotted online recently; DORSET Dorset Police stopped a speeding Range Rover recently, posting a photo to their Twitter account with the following comments; “The driver of this £70,000 Land Rover […]

Opinion

Opinion; Covid-19 & Bitcoin Interest Means Increasing Cyber Risk

Insurance Edge spotted this blog post authored by Joanne Cracknell at Willis Towers Watson. We thought it was worth sharing because there are lots of people right now in the UK, currently flush with furlough […]

Fraud

IFED Warning: Covid-19 Insurance Scammers Are Out There

The Insurance Fraud Bureau (IFB) in partnership with City of London Police’s Insurance Fraud Enforcement Department (IFED) and the Association of British Insurers (ABI) are warning the public to be alert to a potential rise […]

Fraud

Fraud: Griffin Law Warns on HSBC Text Scam

UK workers are being targeted by a new SMS phishing scam designed to trick victims into handing over details of their HSBC bank account. The scheme, uncovered by litigation specialists Griffin Law, begins with a text message […]