How can insurers apply property attribute data to best effect during the claims process? This article sheds light on how insurers can leverage CRIF’s insurance fraud investigation service to access vital property insights which enable claims investigators to rapidly validate claims and tackle fraud.
Misrepresentation at point of quote or sale has arguably been one of the biggest growth areas in insurance fraud. So why is the insurance industry seeing this trend and is it set to get worse? Download this article to find out more.
Reducing fraud losses is a high priority for insurers, with the market recognising they must contain fraud as a ‘managed risk’. But how can insurers work smartly to detect claims fraud? This article sheds light on how claims fraud indicators can be grouped into four main areas to improve detection.
The UK is renowned as a nation of dog and cat lovers, yet according to the ABI, only 23% of dogs and cats owned by households in the UK are covered by pet insurance. This article highlights how this low penetration represents significant opportunities within the pet insurance sector.
This article focuses on the van insurance sector and how intelligent data usage can help the sector to catch up with developments made in the personal lines space in relation to fraud prevention, pricing and customer service.
Pet insurance is a promising market and one that is as exposed to fraud as other sectors. This article highlights why insurers need to approach the opportunities presented by the pet insurance market with caution and why data sharing holds the key to solving pet fraud.
Pet claims fraud is on the rise and insurers are developing or contemplating new tools against it: a database, cross-referencing strategies and pet photographs on policy documents. Download this article to read more about the risk indicators and the consequences of fraud.
There have been a number of appeal judgments over the past month on the issue of whether at first instance a judge was right to find that the claimant was dishonest. This FOIL Update sheds light on three recent cases concerning fraud and fundamental dishonesty.
The UK Supreme Court unanimously held that where a party has settled a claim despite suspecting fraud, the settlement agreement can subsequently be set aside should that party later discover evidence confirming fraud. Could we expect to see the same result if a similar case was raised in Scotland?
This guide to the Insurance Act contains information on what brokers need to be doing ahead of the implementation on 12th August 2016. It covers the changes which the Act will introduce including fair presentation of risk, remedies, warranties and conditions, fraudulent claims and contracting out.