NORTH WEST FRAUD FORUM

Insurance scams drop by nearly a fifth, but value jumps as fraudsters ‘aim big’

31 Aug 2023 10:21 AM | Anonymous member (Administrator)

The Association of British Insurers said the number of fraudulent claims dropped by 19% to 72,600 last year, marking the lowest figure since 2005.

Fraudulent insurance claims tumbled by nearly a fifth to the lowest level since 2005 last year but the value of the average scam surged to a record £15,000 as fraudsters are increasingly “aiming big”, according to a report.

https://www.expressandstar.com/news/uk-news/2023/08/23/insurance-scams-drop-by-nearly-a-fifth-but-value-jumps-as-fraudsters-aim-big/

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