International Investment | Rising risk of insurance industry financial crime 

In the below article from International Investment, insurers uncovered more than 96,000 fraudulent claims worth a total of £1.1bn in 2020, according to the latest report by the Association of British Insurers (ABI), with the average fraudulent insurance claim up 6% on the previous year, says Joel Lange, head of business management at Dow Jones.

Even more worryingly, it is estimated that a similar level of insurance fraud goes undetected each year, highlighting the importance of tackling financial crime in the industry...

Rising risk of insurance industry financial crime (internationalinvestment.net)