Value and volume of detected fraudulent claims both up.
The fight against insurance fraud remains a central focus for the industry, as new figures from the Association of British Insurers (ABI) show that fraudulent claims totalling £1.1 billion were detected in 2023 – a 4% increase compared to the previous year.
https://www.insurancebusinessmag.com/uk/news/claims/abi-outlines-extent-of-insurance-fraud-507601.aspx