Markerstudy joins IFB
Markerstudy Insurance Company, a division of Markerstudy Group, has become the latest company to join the Insurance Fraud Bureau (IFB).
The Association of British Insurers (ABI) estimates that undetected general insurance claims fraud totals £1.9bn a year, with fraud adding an average of £44 to the annual premium cost faced by individual policyholders.
Allan Peak, counter-fraud manger at Markerstudy, said: “Fraud represents a significant concern for the motor insurance market, particularly in the economical climate in which we currently find ourselves. Whilst the majority of motor insurers will have their own fit for purpose
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