Fraud
207 whitepapers and resources
Fraud
Making the complex simple: Smart claims fraud detection
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.
Pet insurance – A growth opportunity
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.
Spotlight motor data: Increasing data use in the van 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.
Solving pet fraud through data sharing
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.
Fraud at the vets
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.
FOIL Update: Establishing fraud and 'fundamental dishonesty'
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.
“Setting aside” fraudulent personal injury settlements north of the border
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?
A broker's guide to the Insurance Act 2015
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.
FOIL Digest April 2016
FOIL's digest provides an overview of the latest legal issues impacting the insurance industry. Topics covered: insurance fraud and bribery; EU VAT Directive for claims handling services; legislation updates; latest Court of Appeal cases; MedCo; Brexit.
Video: Expertise from A-Z with Sarah Mallaby
In this video, Allianz head of technical claims Sarah Mallaby shares her thoughts on whether the Jackson reforms were a success or not; what the changes in the threshold for personal injury claims might mean; and why Allianz is not a soft touch when it comes to fraudulent claims.