17 Dec 2015
The IFB has welcomed the guilty verdicts of fraudsters at Cardiff Crown Court in the final trial of a large-scale ‘crash for cash’ scam. The scam, which includes the most people arrested and prosecuted in a single crash for cash operation, was uncovered following a four-and-a-half year investigation by Gwent Police. In total, 81 people have been prosecuted for their role in the fraud.
11 Dec 2015
The Insurance Fraud Bureau (IFB) will extend organised fraud detection into property and liability business lines from 2016, following sign-off on future strategy implementation plans from the Association of British Insurers’ General Insurance Council (GIC).
10 Dec 2015
An agreement between the Insurance Fraud Bureau (IFB) and the Information Commissioner’s Office (ICO) to share intelligence about the misuse of public data for insurance fraud purposes has been officially signed this month.
16 Nov 2015
New figures released today suggest the cost of ‘crash for cash’ fraud has dropped by almost £60 million in the last three years following a major crackdown by insurers and the police, forcing insurance cheats to change tack.
04 Nov 2015
The Insurance Fraud Bureau (IFB) has taken a landmark step towards extending its services to defendant lawyers, investigators and other industry suppliers, by launching a consultation on ‘affiliate membership’
21 Sep 2015
The evolution of the Insurance Fraud Bureau (IFB) is ‘on track,’ according to the Bureau’s Strategy Project Board Chair, Mihir Pandya.
10 Sep 2015
The UK public is being thanked by the Insurance Fraud Bureau (IFB) for fighting back against insurance cheats and reporting valuable information they have about insurance fraud to the IFB’s ‘Cheatline’.
13 Aug 2015
Thousands of motorists are paying a high price, in some cases driving illegally, by cutting corners when buying motor insurance according to latest figures out today from the ABI (Association of British Insurers). Last year over 1,500 reports to the Insurance Fraud Bureau’s ‘Cheatline’ related to motor insurance application fraud- nearly a quarter of the total calls received.
12 Aug 2015
Two fraudsters who created insurance policies for people who did not exist and then submitted 300 false personal injury referrals worth £167,000 for ‘made up’ road accidents have both been jailed for four and half years.
28 Jul 2015
Police have charged 38 people for ‘Cash for Crash’ insurance fraud offences in Cumbria. Those charged appeared in court today. The investigation, a joint operation between Cumbria Constabulary and the IFB, has seen detectives investigate numerous people for conspiring to defraud motor insurance companies for collisions that allegedly occurred in the county between 2010 and 2014.
16 Jul 2015
An organised criminal gang of six men, who carried out 'Crash for Cash' insurance fraud, have been convicted at court today.
08 Jul 2015
The Insurance Fraud Bureau (IFB) has welcomed today's Budget announcement that there is to be a 'fundamental review' of the regulation of claims management companies (CMCs). The review will be led by the Chairman of the Chartered Trading Standard Institute Board, Carol Brady, which will report to HM Treasury and the Ministry of Justice in early 2016.
26 Jun 2015
The Old Bailey has ordered for £650,000 to be confiscated from a ‘ghost broker’ currently imprisoned for masterminding what is believed to be the UK’s biggest fake car insurance scam. The fraudster must repay the confiscated amount as compensation to his victims within six months or face more five more years behind bars. The scam came to the Insurance Fraud Bureau's (IFB) attention in 2011.
12 Jun 2015
A gang of fraudsters have been brought to justice after police unravelled a complex insurance scam worth £225,000. Sixteen crooks were hauled into court and sentenced for their involvement in the illegal crash for cash racket.
09 Jun 2015
A prolific conman who made up multiple van crashes to make more than £33,000 from fraudulent insurance claims and then went on the run to evade justice has been jailed for three years and five months.
28 Apr 2015
The Chartered Insurance Institute (CII) Claims Faculty New Generation group is calling for organisations to adopt a new Best Practice Guide relating to requests made under Section 29(3) of the Data Protection Act. The guidance has been launched after two years of work behind the scenes with support from the IFB.
27 Apr 2015
The IFB has welcomed the sentencing of a group of 'crash for cash' insurance fraudsters explaining that they should serve as a powerful warning to other would-be fraudsters. The group’s ringleader received a prison sentence of six-and-a-half years for his role in the scam.
01 Apr 2015
The Insurance Fraud Bureau (IFB) has welcomed the guilty verdicts handed down today at Manchester Crown Court to a group of fraudsters who staged ‘crash for cash’ insurance scams totalling over £1 million.
18 Mar 2015
A government taskforce set up to tackle insurance fraud has published its interim report on its findings so far. Led by Law Commissioner David Hertzell, the Insurance Fraud Taskforce has identified four areas for consideration in order to further understand the causes of fraud and to minimise its impact on honest consumers.
19 Feb 2015
Cecile Fresneau of Zurich UK and Mike Curley of RSA have been appointed as members of the IFB Supervisory Board.
12 Feb 2015
An agreement between the IFB and the Association of Chief Police Officers (ACPO) to share intelligence on organised criminal gangs between the insurance industry and the police has been reviewed and renewed due to its ongoing success.
20 Jan 2015
The British Insurance Brokers' Association (BIBA) has unveiled its 2015 Manifesto which details its ongoing commitment to work with the Insurance Fraud Bureau (IFB) to help reduce the cost of insurance fraud.
05 Jan 2015
Following the announcement of its new strategic direction to manage organised fraud across all product types and to build an intelligence-sharing infrastructure for the industry, the Insurance Fraud Bureau (IFB) has made two key appointments.