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Insurance fraud is a growing problem on a global scale. The ABI
estimates that fraudulent insurance claims on motor and household
policies alone cost insurers in excess of GBP1 billion every year.
This book provides an analysis of the insurance industry's response
to the problem and examines fraud from legal and practical
perspectives to determine how to manage and reduce fraud. Key
issues covered include: fraud in the insurance and reinsurance
context, a look at industry-wide initiatives and individual
insurance companies' approaches to the problem, consideration of
recent legal developments and a look at how insurance fraud is
tackled in other jurisdictions. Includes a chapter on marine
insurance fraud.
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