£25m fraud bill avoided

AROUND 2500 fraudulent insurance claims collectively worth £25 million are being foiled every week, according to an industry body. More than 130,000 fraudulent claims were detected during 2015, marking a 6% increase on the previous year, the Association of British Insurers revealed. These frauds were valued at £1.3 billion. There has been a particular increase in dishonest “slip and trip” claims – whereby people falsely claim a property owner was negligent – being thwarted.

Some 26,900 dishonest liability insurance claims, including slip and trip cases, were detected in 2015, marking a 36% increase on the previous year.