Who wants to be a fraudster?
Fraud continues to be a major problem for the industry, with many policyholders viewing minor fraud as part and parcel of paying for cover. As the recent case against Charles Ingram shows, however, the industry is cracking down on this serious issue, says Malcolm Tarling
The recent high-profile court case involving Charles Ingram, the former army major convicted of cheating on Who Wants To Be A Millionaire?, highlighted what the insurance industry has known for a long time - insurance fraud is a major problem for insurers and honest customers alike.
A certain level of fraudulent activity is expected, with some customers seeing insurers as fair game. Arguing that policyholders pay the price for fraud through higher insurance premiums has little or no deterrent
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