ABI says insurers detected more than 130,000 fraudulent claims in 2015

internetfraud

Association highlights rise in dishonest liability insurance claims such as “slip and trip”.

New figures from the Association of British Insurers (ABI) have revealed that insurers uncovered more than 130,000 fraudulent claims in 2015, equivalent to 2,500 a week, and up 6% on the previous year.

However, the trade body noted that the value of these frauds fell by 3% in the 12 month period to £1.3bn.

It highlighted that there was a significant rise in dishonest liability insurance claims detected, such as ‘slip and trip' claims.

These came in at 26,900, an increase of 36%, and their £391m

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Register

Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: