2023 sees Zurich UK report a £78.5m rise in fraudulent property claims, 88% increase in past two years, with 906 claims referred for investigation.

Insurance provider Zurich UK warns of a £78.5m rise in fraudulent property claims in 2023, averaging £19,058 per case. Fraudulent property insurance claims have increased by 88% over the last two years, with 906 property claims referred for investigation in 2023, a 44% increase from 2022. Zurich saved £15.5m from fraudulent property claims in 2023, using data analytics to identify fraud patterns and networks.

March 11, 2024
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