Allianz UK reports a 10% rise in insurance fraud cases, totaling £157.24 million in 2024.

Allianz UK reported a 10% rise in insurance fraud cases in 2024, detecting 33,027 instances totaling £157.24 million. Common fraud types include misrepresentation, identity theft, and policy abuse. The increase is linked to economic pressures and financial struggles. Allianz works with police and other insurers to combat fraud, warning that fraudsters could face criminal records.

2 months ago
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