Legal News

ABI publishes statistics demonstrating a fall in insurance scams

Published on: 23 August 2023
Published by LNB News

LNB News 23/08/2023

Document Information

Issue Date: 23 August 2023

Published Date: 23 August 2023

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

Article summary

The Association of British Insurers (ABI) has published key findings from its latest figures on detected insurance frauds. The ABI noted that despite a 19% drop in the number of fraudulent insurance claims uncovered in 2022, the value of the average scam increased to £15,000, up 20% on 2021.

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