The Chartered Insurance Institute (CII) has launched a number of podcasts for its claims, underwriting and broker members to help them tackle fraud in the industry.
A series of short audio units covering the major issues surrounding fraud protection have been created in conjunction with the Insurance Fraud Bureau (IFB). Latest figures from the Association of British Insurers (ABI) suggest fraud costs the industry around £1.6bn each year, and the CII says insurers could find themselves particularly vulnerable in an economic downturn. The 21 short clips give guidance on the steps the insurance industry is taking to tackle organised fraud, as well as explaining the new challenges practitioners are likely to face in the future. Other topics highlighted ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes