fraud

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.