Insurance

Insurance Fraud

Surely fraud is only a problem that retailers suffer? 

Not so according to the Insurance Fraud Bureau, fraudulent insurance claims now cost the insurance industry over £1.5 billion each year.  

Many insurers use our ID verification tools to spot fraud during the policy applications and claims processes: 

  • Non-existent third parties in the claims process?
  • Claimants using stolen identities?
  • Address and location inaccuracies in claims that need further investigation?

Read more about our identity verification solution for insurers


Our Solutions


 

  • 192 Address-ID to verify addresses and locations in the claims process

Further information

 

Some useful resources:

pdf
The Insurance Fraud Bureau

pdf
The Association of British Insurers