All the updated news related to insurance scam

All the news related to insurance scam updated in real time

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Personal Finance

Insurance scams drop by nearly a fifth, but value jumps as fraudsters ‘aim big’

Fraudulent insurance claims tumbled by nearly a fifth to the lowest level since 2005 last year but the value of the average scam surged to a record £15,000 as fraudsters are increasingly “aiming big”, according to a report. The Association of ...

23 Aug 2023 at 09:02

Personal Finance

Cost-of-living challenge fuelling surge in bogus insurance claims – Zurich

An insurer detected a a 31% jump in fraudulent property-related claims in 2022 and a 7% rise in fake casualty claims, compared with the previous year. Zurich UK, which released the figures, added that it typically foiled fraud worth nearly ...

31 Mar 2023 at 00:01

Personal Finance

Most complained-about financial products revealed by ombudsman service

Complaints from current account customers about scams and claims from credit card holders that lending is unaffordable are among the most common issues seen by the financial ombudsman over the past year. Car and motorcycle insurance ...

14 Jun 2023 at 00:01

Personal Finance

Motor insurance policy fraud cases jump as households squeezed by living costs

The number of fraudulent motor insurance applications being detected has jumped by 16% since last year, according to data from a major insurer. Aviva blocked more than 23,300 fraudulent or suspect motor insurance applications ...

30 Nov 2022 at 12:56

Personal Finance

39% more bogus insurance claims detected by major insurer

An insurance giant recorded a 39% jump in detected instances of fraud last year compared with 2022. Aviva uncovered more than 11,000 suspect claims worth £116 million in 2023 – equating to 30 claims totalling £318,000 each ...

26 Jun 2024 at 09:56

Life

The ‘cheap insurance’ offers that could land you with a huge bill or even facing court

If you’re looking for ways to save some cash, “easy” ways to reduce outgoings can seem very tempting. But not all great deals may be what they seem – particularly if they’re significantly cheaper than expected. “Ghost ...

30 Aug 2024 at 07:30

Personal Finance

Insurer records 10% annual jump in detected fraud in 2024

Allianz UK has said it uncovered 90 frauds per day worth £430,000 typically last year. The insurer detected 33,027 instances of insurance fraud worth a total of £157.24 million in 2024, representing an increase of ...

06 Feb 2025 at 09:37

Personal Finance

Bogus injury claims account for bulk of fraudulent cases detected by insurer

An insurer’s fraud prevention team uncovered nearly £260,000-worth of bogus claims every day typically last year – with fake stories involving “slips and trips” being the most common. In total, Zurich UK detected ...

14 Mar 2025 at 00:01

Personal Finance

Aviva stopped £127m-worth of fraudulent claims in 2024

An insurance giant stopped 14% more claims last year due to suspected fraud than it did in 2023. Aviva said it uncovered around 35 bogus claims per day typically last year. It detected more than 12,700 suspect ...

08 Apr 2025 at 10:46

Life

The costly holiday pitfalls that could ruin your travel plans for 2025

January is a bumper time for holiday bookings, with thoughts of a getaway perhaps making the winter chill slightly more bearable for some people. Over a third (39%) of shoppers are scouring around for a ...

17 Jan 2025 at 08:00

Personal Finance

Aviva ‘stopped over £60m of fraudulent insurance claims in first half of 2025’

Aviva says it stopped more than £60 million in bogus insurance claims in the first half of this year. The insurance giant said it prevented more than 6,000 fraudulent insurance claims in the first half ...

03 Sept 2025 at 10:18

Personal Finance

Young drivers buying fake policies losing £2,000 on average, says insurer

Insurance giant Aviva has said it is detecting rising number of ghost broking cases – and is warning young drivers they could lose around £2,000 typically by buying a fake motor insurance policy. The ...

07 Nov 2025 at 07:40

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