Crime
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Oct- 2021 -7 October
Average insurance fraud claims rise to £12,000, ABI finds
The value of the average general insurance fraud claims and detection rates both increased in 2020, with the average fraud…
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Sep- 2021 -23 September
Theft insurance claims soar 171% over summer
Theft claims have reportedly soared by 171% this summer following the further ease of Covid restrictions, according to home insurance…
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8 September
IFB launches new anti-fraud platform
The Insurance Fraud Bureau (IFB) has revealed that it has launched a new joint platform with SAS technology which combines…
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Apr- 2021 -20 April
Allianz: Organised crime and property claims among top 2020 fraud trends
Allianz Insurance detected a record £65.8m worth of insurance fraud in 2020, as it took on claims from farmers, rogue…
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12 April
Flock Motor named as Jaguar Land Rover insurance provider
Jaguar Land Rover’s on-demand rental platform has selected Flock’s usage-based fleet insurance, the insurer confirmed. Jaguar’s rental service, entitled The…
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Mar- 2021 -29 March
Insurance firms have ‘inadequate’ cyber threat visibility, report finds
Just under half (44%) of UK insurance firms and underwriters admit to having inadequate cyber threat visibility and detection systems…
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Feb- 2021 -18 February
Industrial sector at increasing risk of cyber-attacks, warns Lloyd’s
Lloyd’s, in partnership with cyber analytics specialist CyberCube and reinsurance broker Guy Carpenter, has launched a new report that highlights…
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2 February
Insurers must ‘do more’ when it comes to ransomware, says Databarracks
IT disaster recovery provider Databarracks has said the insurance industry “must do more” to prevent companies caving to ransomware demands. …
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1 February
Mactavish warns of ‘dramatic’ increase in cyber attacks
New research from Mactavish, a specialist outsourced insurance buyer, has found that 21% of businesses say they have suffered a…
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Jan- 2021 -27 January
ABI defends ransomware payments
The Association of British Insurers (ABI) has defended ransomware payments being included in first-party cyber-insurance policies, according to the BBC.…
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