Fraud
202 whitepapers and resources
Fraud
Synthetic ID fraud - a growing threat to the insurance industry
Synthetic ID fraud is a growing threat, with fraudsters using fake identities to commit crimes, and it is becoming increasingly difficult to detect. This article outlines how this impacts the insurance industry, and what insurers can do to protect themselves.
What are the most common types of insurance fraud?
From policy fronting to ghost broking to generative AI, this infographic provides an overview of the most common types of insurance fraud. View this infographic to learn more about the latest fraud schemes as well as opportunistic and organised fraud trends.
Roundtable: Strengthening the insurance industry’s defences against tomorrow’s fraudsters
Insurance Post in partnership with LexisNexis Risk Solutions, hosted a roundtable discussion where specialists delved into the evolving landscape of insurance fraud and the industry’s ongoing efforts to stay ahead of fraudsters. This article provides an overview of the key discussion points.
Speeding up validation to separate fraudsters from genuine claimants
In this webinar, an expert panel discuss how insurers can speed up claims validation in order to separate fraudsters from genuine claimants.
Surge in synthetic ID and Al fraud threatens UK insurance
The UK insurance sector continues to experience a surge in fraudulent activities, leading to significant losses for insurers. Oleg Zadalia, principal solutions consultant for LexisNexis Risk Solutions, explores the most critical findings from the Insurance Post Fraud Survey Report 2023.
Insurance fraud: Survey reveals impact of economic downturn
Insurance fraud is a growing problem in troubled times. To find out more about the current fraud landscape, Insurance Post collaborated with LexisNexis Risk Solutions to conduct its annual fraud survey. This report highlights the key findings and how insurers can stay one step ahead of fraudsters.
AI in insurance: Potential risks and benefits
As insurers strive to stay ahead of fraudsters, artificial intelligence is emerging as a formidable weapon. This content sheds light on the profound impact AI is having on the insurance industry, leveraging AI for accurate risk assessment and fraud detection, as well as AI risks for insurers.
Escape of water fraud - hiding in plain sight?
The great freeze at the turn of the year saw a huge rise in fraudulent escape of water claims, particularly from unoccupied properties. This content sheds light on the link between surge events and EOW fraud, before highlighting steps insurers can take to mitigate the risk of future surge events.
Insurance Taskmaster: Detecting motor fraud in and around Euro 96 (1996)
In this episode, the contestants wake up and it is the summer of 1996. They are on the front line, combatting the burgeoning issue of insurance fraud. The contestants face a race against time to investigate whether a motor claimant is just plain unlucky or involved in something more sinister.
Mitigating the impacts of economic uncertainty using artificial intelligence
Insurers are not immune to the conditions driving uncertainty in our economy. They can, however, take real steps to ensure their business is protected from many of those risks. This content highlights how insurers can leverage artificial intelligence to mitigate the impacts of economic uncertainty.