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IFED's response to ABI's annual detected fraud figures

The Insurance Fraud Enforcement Department (IFED) has responded to the Association of British Insurers' (ABI) annual detected fraud figures, which have been released today (Wednesday 22 August 2018). 

Detective Chief Inspector Teresa Russell, temporary Head of the City of London Police’s Insurance Fraud Enforcement Department, said:

“The Insurance Fraud Enforcement Department (IFED) works effectively with the ABI, IFB and insurers to tackle insurance fraud and bring fraudsters to justice.

“While these figures are encouraging, IFED is well aware that the fight against insurance fraud is an ongoing one and that fraudsters are constantly trying to come up with new ways to defraud the industry and members of the public.

“Insurance fraud is not a victimless crime and dishonest claims are felt by everyone. The vast majority of people are honest with their insurer, but insurance cheats have no qualms about making false claims and simply don’t care that their fraudulent actions inevitably increase premiums for everyone else.

“Motor related insurance fraud makes up a large number of the cases that IFED manage and with opportunistic claims costing £775 million last year, it is important the unit continues to work closely with industry partners to prevent and detect this crime type.”

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