The Insurance Fraud Register will go live in July after the Association of British Insurers and the Insurance Fraud Bureau signed contracts on the creation of the database.
A number of insurers will now work with the IFB on systems to ensure it is delivered on time. Detica Net Reveal has been chosen as the technology partner for the register.
The national database of proven fraudsters will be used across all product lines at all stages of the product lifecycle.
Richard Davies, head of fraud at Axa, who is leading the project, said: "The signing of the contracts is an important step as we move towards delivery of the IFR during the summer.
"Over the coming months, we will step up our engagement with insurers to ensure they are ready to participate. We will also be talking with consumer organisations so that they fully understand what the register will mean for consumers.
"While insurers remain committed to paying genuine claims as quickly as possible, committing insurance fraud will have long and serious consequences."
The project was given the green light in July 2011, with the register originally set to launch early in 2012.
News of the IFR follows the creation of the Insurance Fraud Enforcement Department which was launched in January.
