1210, 2021

Ghost insurance broker who targeted Polish community jailed

October 12, 2021|Comments Off on Ghost insurance broker who targeted Polish community jailed

A man from Cambridge has been jailed for offering fraudulent insurance broking services to Polish nationals living in the UK. Marek Complak, 51, of Cambridge, set up false or invalid car insurance policies by posing [...]

2809, 2021

3 men jailed for life endangering 50 mph ‘Crash for Cash’ scam

September 28, 2021|Comments Off on 3 men jailed for life endangering 50 mph ‘Crash for Cash’ scam

A group of men from London have been jailed after deliberately causing a collision on a busy A-road, which saw an innocent driver plough into the back of a car at around 50 miles per [...]

2809, 2021

Vulnerable and low-income consumers being failed by the insurance market

September 28, 2021|Comments Off on Vulnerable and low-income consumers being failed by the insurance market

New report highlights how the insurance market is failing vulnerable and consumers A new report from the Institute and Faculty of Actuaries (IFoA) and Fair By Design (FBD) details how those who need insurance the [...]

2109, 2021

Phantom passenger insurance fraudster jailed

September 21, 2021|Comments Off on Phantom passenger insurance fraudster jailed

A man has been jailed for arranging a series of fraudulent personal injury claims involving phantom passengers, targeting various insurers including LV= General Insurance. Martell Randall, 30, of Wandsworth, was sentenced to six months imprisonment [...]

1308, 2021

Fraud conviction for former insurance company worker extradited from US

August 13, 2021|Comments Off on Fraud conviction for former insurance company worker extradited from US

A man from London has been sentenced for stealing £67,499.88 from his employer through bogus insurance claims and then fleeing to the United States in order to avoid prosecution. Rasheed Talabi, 34, of Croydon, London, [...]

608, 2021

Prison for trio who fabricated insurance claim worth nearly £30,000

August 6, 2021|Comments Off on Prison for trio who fabricated insurance claim worth nearly £30,000

Three people from Manchester have been jailed for their involvement in a fictitious road traffic collision where they tried to defraud their insurer, Diamond, out of £27,268. Hammad Michel Khan claimed that his Suzuki Liana, [...]

3007, 2021

ERS secures conviction for fraudulent injury claim witnesses

July 30, 2021|Comments Off on ERS secures conviction for fraudulent injury claim witnesses

Specialist motor insurer ERS today announced that it has successfully pursued a private prosecution against three fraudsters who made false allegations against it's client in an effort to secure personal injury damages. It is the [...]

2707, 2021

Man jailed for fraudulently trading as a financial adviser

July 27, 2021|Comments Off on Man jailed for fraudulently trading as a financial adviser

On 26 July 2021 at Southwark Crown Court, His Honour Judge Tomlinson sentenced Ian James Hudson to 4 years’ imprisonment for one count of fraudulent trading, with two additional terms of 14 months, each reflecting [...]

2307, 2021

Ghost broker who pocketed £18,000 convicted at Inner London Crown Court

July 23, 2021|Comments Off on Ghost broker who pocketed £18,000 convicted at Inner London Crown Court

A man from London has been sentenced for fraudulently obtaining more than 40 car insurance policies while posing as a broker and pocketing nearly £18,000 over a five-week period. Gurwinder Virdee, 30, of Southall, London, [...]

2007, 2021

AXA UK rolls out machine learning tool to streamline complex property claims

July 20, 2021|Comments Off on AXA UK rolls out machine learning tool to streamline complex property claims

BETSIE (Buildings Enhanced Triage Steering Intelligence Engine) uses machine learning to streamline processes around complex property claims. During a six-month pilot of the BETSIE tool there has been a 25% reduction in escape of water [...]

1307, 2021

Beware of scam calls from numbers similar to your own

July 13, 2021|Comments Off on Beware of scam calls from numbers similar to your own

Scammers are posing as government organisations and law enforcement agencies enquiring about unpaid fines or police warrants The National Fraud Intelligence Bureau (NFIB) is warning the public to be vigilant of scam calls that appear [...]

607, 2021

‘Ghost Broking’ national crackdown – Police execute 10 warrants

July 6, 2021|Comments Off on ‘Ghost Broking’ national crackdown – Police execute 10 warrants

The City of London Police’s Insurance Fraud Enforcement Department (IFED) executed ten warrants last week as part of a crackdown on ‘ghost broking’ across the country, resulting in seven arrests. ‘Ghost broking’ is a tactic [...]

507, 2021

FCA fines Claims Management Company £110,000 for unsolicited calls

July 5, 2021|Comments Off on FCA fines Claims Management Company £110,000 for unsolicited calls

The FCA has fined claims management company, Crosfill & Archer Claims Limited, £110,000. This fine was for making unsolicited telemarketing calls to people who registered not to receive this type of sales call, where the [...]

2906, 2021

Ex insurance worker who netted £106k from selling fake policies sentenced

June 29, 2021|Comments Off on Ex insurance worker who netted £106k from selling fake policies sentenced

A man has been sentenced for setting up more than seventy fake insurance policies for the musical industry, from which he profited over £106,000. Steve Balcombe, 42, of Tonbridge, Kent, abused his position as an [...]

2405, 2021

‘Crash For Cash’ Fraudster Sentenced For Causing Motorway Collision

May 24, 2021|Comments Off on ‘Crash For Cash’ Fraudster Sentenced For Causing Motorway Collision

A Man From Bolton Has Been Sentenced For Dangerous Driving And Fraud By False Representation After Deliberately Causing A Collision Between Three Vehicles On The M62, And Then Attempting To Claim For The Vehicle Damage [...]