There is a popular myth that insurance fraud is a victimless crime. But, research carried out by the Association of British Insurers is telling another story. Fraud seems to account for 10% of personal motor claims, while for household claims; the figure could be as high as 15%. With 48% of adults in the UK not ruling out committing an insurance fraud; it’s eating away at profits and increasing the cost of many premiums.
AIS Investigators are trained to reduce potential losses; they have saved significant sums of money for many of the UK’s leading insurer’s, and are active participants in the Insurance Fraud Investigators Group. (IFIG)
In the compensation culture prevalent today, AIS has a vital role to play, in verifying the genuine, and investigating those false and exaggerated claims, not just in proving individual cases, but in re-establishing insurance fraud as a crime – not an opportunity!