COVER Podcast #7
Fraudulent leads and why they matter
He's married someone 23 years younger
A mother and her son have been charged today with fraud after they allegedly conspired to fake the mother's death in Zanzibar to claim £140,000 worth of life insurance.
An insurance agent who sold fictitious life insurance policies to pocket thousands in commission payments has been handed a 12 month suspended sentence.
The Health Insurance Counter Fraud Group has revealed two recent cases demonstrating the progress of cooperative work across the health insurance and dental industry to combat fraud.
In a landmark ruling the High Court in London has ordered a fraudster to repay more than £19,000 to Cirencester Friendly after falsely obtaining an income protection policy from the company and involving the Financial Ombudsman Service (FOS) for compensation....
The Insurance Act 2015, which modernises rules governing the industry has received Royal Assent.
The increasing success of international private medical insurance is being matched by a rise in fraudsters targeting the market. Andrew Apps outlines the problem
Non-contestability of claims is, on the surface, a way to rebuild consumer confidence in insurers. However, as Simon Havinden notes, lessons from the US suggest otherwise
LifeQuote is warning any adviser that offers a call back service to beware of an increase in 070 phone scams.
A husband and wife have been sentenced after he faked his death in a bid to collect more than £1.1 million from life insurance policies and investments.
Fraud figures up 18% on 2012.
Over a third (35%) of insurance intermediaries expects the problem of fraud facing the industry to become worse over the next three to five years, according to research.
A mortgage broker has been jailed for six years after fraudulently obtaining almost £3.5m from clients in the North East.
Extra detectives to be recruited to tackle insurance fraud in England and Wales.
Munich Re estimates one in seven claims are paid in respect of someone deliberately failing to disclose relevant medical or lifestyle facts on application, mostly so significant that the application should have been rejected.
The PMI industry is becoming increasingly disturbed by the amount of incorrect invoices it receives for private medical treatment.
To highlight fraud week, the Association of Certified Fraud Examiners (ACFE) has released a set of basic tips it said every organisation should be aware of.
Allianz Global Corporate & Specialty (AGCS) has launched Allianz Cyber Protect, enabling businesses to protect against cyber criminals and data loss ahead of potential regulation.
Measures to cut fraud saved the taxpayer £6.5bn last year, the government has said.
Ten insurance companies have been implicated in the use of the "rogue element of the private investigation industry", according to a report from the Serious Organised Crime Agency (Soca).
Tenet has developed an online anti-money laundering service to combat fraud, eliminate paperwork and enable advisers to process transactions more efficiently.
Adviser network Pink is set to host a series of business development conferences across the UK in a drive to build relationships between advisers, lenders and protection providers.