In the insurance industry, user experience is paramount, yet this experience needs to be weighed against the realities of rising fraud. This industry brief highlights how insurers can meet the demands of catching fraudsters, authenticating good customers, and providing outstanding user experiences.
The rise of digital applications for insurance policies has brought with it an increasing number of bad policies, with fraudsters turning to aggregators to solicit quotes and submit applications. This case study looks at how esure collaborated with iovation to combat omni-channel fraud.
Levi Loveridge pleaded guilty to policy fraud on 17th December 2018 at the Inner London Crown Court in relation to a series of fraudulent campervan claims. This article sheds light on how Loveridge was caught quickly thanks to hard work by the LV= Broker GI Fraud Team.
This case study focuses on how GoCompare.com implemented iovation’s device recognition technology at point-of-quote to identify high-risk traffic, flag third party fraud, block misuse of its website, and increase partners’ confidence in the customers passed to them.
To find out why 83 new motor insurance policies were being cancelled as soon as they were opened, AA Insurance leveraged iovation’s fraud prevention service and insight from the Fraud Force Community to piece together a sophisticated ghost broking ring. Download this case study to find out more.
An insurance fraud is detected every minute in the UK with the industry spending around £250m a year fighting fraudsters. In this In-depth feature, Sam Barrett looks at how brokers play a critical role in detecting fraud before investigating how technology and collaboration are helping in the fight.
UK construction sites are increasingly being targeted by thieves and fraudsters who recognise the financial value of plant and machinery. This article looks at the latest plant theft claims trends and what businesses can do to protect themselves from the various tactics used by criminals.
This guide highlights the five most common types of charity fraud. Read this guide to help your clients identify the main types of fraud their organisation could face and the steps they could take to prevent it.
In this video, Sara Costantini, director at CRIF Decision Solutions, discusses the topic of fraud in the commercial space with Post commissioning editor Cecile Brisson.
Based on recent research conducted by Post in association with CRIF, this spotlight focuses on what the industry can do to improve fraud detection within commercial lines, including data sharing opportunities and better collaboration between insurers and brokers.