Fraud Charter: Prevention is always better than cure

08 Apr 2019

Educating consumers to stop seeing insurance as a grudge purchase would go some way to cutting fraud. But so too might be pointing out the consequences of a conviction DCI Craig Mullish, of the City of London’s Insurance Fraud Enforcement Department (IFED) has urged insurers to take part in a nationwide campaign to improve the reputation of insurance, which will help them implement preventative measures more effectively. 

At the Insurance Times Fraud Charter meeting in London last month, Mullish told the table of fraud specialists that “prevention is always better than cure”.

Also in attendance was BLM's Jason Potter, head of fraud operations who questioned the IFED's focus suggesting the need for a clearer industry remit whether focusing solely on organised crime or opportunistic fraud.

For the full analysis in Insurance Times, click here. Please note a subscription may be required.

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Disclaimer: This document does not present a complete or comprehensive statement of the law, nor does it constitute legal advice. It is intended only to highlight issues that may be of interest to customers of BLM. Specialist legal advice should always be sought in any particular case.

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