Cost-of-living challenges and financial struggles are driving some people to commit insurance fraud, Allianz said.
Allianz UK has confirmed it uncovered 33,027 instances of insurance fraud worth a total of £157.24m in 2024, up 10% on 2023.
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Application fraud continued to grow, with trends including increasing levels of policy abuse, misrepresentation and ID theft, including a high number of ghost brokers, Allianz said ...
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