Insurance Fraud: Major new crackdown on insurance fraud

30 Oct 2024 11:00 AM | Anonymous member (Administrator)

The Home Office has announced new insurance fraud charter to step up efforts to crack down on fraudsters seeking to manipulate the UK insurance market with bogus claims and duping innocent people into buying fake insurance policies.

In 2023 alone, 84,400 fraudulent claims worth £1.1 billion were detected by the Association of British Insurers (ABI), a 16 per cent increase in the number of detected claims compared to the previous year.

https://policeprofessional.com/news/major-new-crackdown-on-insurance-fraud/

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