Insurance Fraud

Bogus and inflated insurance claims cost over £1.6 billion a year. This adds 5% to the premiums paid by honest policyholders.

In 2005 insurers exposed and stopped frauds worth over £400 million; an increase of 50% on 2004.  But insurance fraud is becoming increasingly complex and in some cases, criminal gangs are putting innocent policyholders’ lives at risk.

Insurers encounter a wide range of fraud.  At one end of the scale there are opportunists; policyholders who exaggerate claims.  At the other extreme, frauds are organised and pre-meditated, planned by criminal gangs with the proceeds often used to fund other criminal activity.

The Insurance Fraud Bureau operates the Fraud Cheatline.  Anyone with information on suspected insurance fraud can call this free and confidential helpline on 0800 328 2550.

Click above to access the IFB's website for further information.

The East of Scotland Fraud Forum is not responsible for the content of external websites.