Claims handlers are often the first line of defence in identifying potential fraud, yet many operate without clear visibility into what happens after a referral is submitted. Decisions are made based on experience, instinct, and…
The Association of British Insurers reports that £1.16 billion of fraudulent general insurance claims were identified in 2024, a 2% rise on 2023, with the volume of detected cases up 12% to 98,400. UK insurers…
The past few years have pushed us into an unusual cultural moment, one in which confidence in what we see and read online has quietly eroded. Nearly half of the public now questions the authenticity…
Investment in fraud detection across UK insurers has increased steadily, with firms deploying advanced tools to identify suspicious activity earlier in the claims lifecycle. Detection rates have improved, and referral volumes continue to rise as…
Special Investigation Units across UK insurance firms are under sustained operational pressure that continues to build each quarter, and the strain is no longer limited to fraud detection accuracy or case outcomes alone. Teams are…
AI adoption across the insurance sector has accelerated at a pace that is difficult to ignore, and recent data provides a clear view of how quickly this shift is happening. The rise in insurance AI…
Fraud leakage rarely appears as a single, dramatic loss on a balance sheet. Instead, it shows up quietly through claims that feel acceptable, settlements that close quickly, and investigations that never fully happen. For carriers,…
The pace at which generative technology is influencing claim submission patterns has reached a point where insurance fraud is becoming harder to identify through surface level verification. Teams across SIU units continue to work with…
The connection between insurers and third-party administrators (TPAs) has always been crucial for maintaining transparency, accuracy, and speed in claims management. Yet, traditional investigation methods often make collaboration fragmented and slow. Information gaps, inconsistent documentation,…
Fraud prevention is often treated as a line item in operational budgets — a necessary cost to meet compliance standards. Yet, for finance leaders tasked with protecting capital and maintaining shareholder confidence, it should be…
