Fraud Management

Are Insurance Aerial Inspections Invading Your Privacy?
Risk Management Are Insurance Aerial Inspections Invading Your Privacy?

In an era where technology shapes nearly every industry, a quiet yet contentious shift is happening in the world of property insurance, raising serious questions about homeowner rights and personal privacy. Imagine receiving a notice from an insurance provider threatening to cancel a policy based

Allianz UK Detects £92.6M in Insurance Fraud in 2025
Risk Management Allianz UK Detects £92.6M in Insurance Fraud in 2025

In a remarkable feat that underscores the escalating battle against deception in the insurance sector, Allianz UK, a leading provider in Great Britain, has uncovered fraudulent activities totaling an astounding £92.6 million during the first half of this year. Announced on September 22, this

GEICO Sues Over $2.2M Fraud in New York Insurance Scam
Risk Management GEICO Sues Over $2.2M Fraud in New York Insurance Scam

In a striking development that has sent ripples through the insurance industry, GEICO, a titan among American auto insurers, has brought to light an alleged $2.2 million fraud scheme targeting New York’s no-fault insurance system, with a federal lawsuit filed on September 19 in the Eastern District

How Did GEICO Uncover a $2.2M Insurance Fraud Scheme?
Regulatory & Compliance How Did GEICO Uncover a $2.2M Insurance Fraud Scheme?

In a stunning revelation that exposes the underbelly of insurance fraud, GEICO, one of the nation’s leading auto insurers, has launched a federal lawsuit against Live Again Medical Supply Inc. and its owner, Richard Anderson, accusing them of orchestrating a $2.2 million scam targeting New York’s

How Is the FCA Ensuring Fair Insurance Payouts for Drivers?
Risk Management How Is the FCA Ensuring Fair Insurance Payouts for Drivers?

Imagine a scenario where diligent drivers, who meticulously maintain their vehicles, suffer a devastating loss due to theft or a write-off, only to find that their insurance payout falls short of covering a fair replacement. This disheartening reality affected over 270,000 motorists in the UK,

How Is Lockton Re Revolutionizing Cyber Risk Management?
Technology & Trends How Is Lockton Re Revolutionizing Cyber Risk Management?

I'm thrilled to sit down with Simon Glairy, a trailblazer in the insurance and Insurtech space, whose expertise in risk management and AI-driven risk assessment has shaped innovative approaches in the industry. Today, we’re diving into the evolving world of cyber risk analytics, focusing on

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