Insurance Fraud Bureau

IFB welcomes Hiscox as new insurer member

19 December 2018

The Insurance Fraud Bureau (IFB) is pleased to announce that Hiscox is the latest insurer member to come on board, with the IFB welcoming six new members in 2018.

Hiscox joins a growing number of organisations across the insurance industry who realise the benefits that IFB membership can bring, including access to a wide range of fraud intelligence as well as a team of dedicated counter-fraud professionals. In addition, membership to the IFB means that insurers, brokers and affiliates can play a vital role in helping bring about prosecutions of insurance fraudsters.

Collaboration between the insurance industry, enforcement and the IFB has seen a number of successes this year, including significant prison sentences for two dangerous fraudsters embroiled in a multi-million pound crash for cash scam, as well as jail time for a pair of ghost brokers who operated out of a laundrette and supplied unregulated insurance to a local drug gang.

“Our members are fundamental to the success of the IFB, and it is encouraging to see the membership continuing to grow as cracking down on organised insurance fraud remains a common goal within the industry. We look forward to working with Hiscox, whose membership will no doubt be vital in helping to stop insurance fraudsters in their tracks.” – Ben Fletcher, IFB Director