What we do

Fraud Rings

Insurance fraud is not only carried out by opportunistic policyholders. Organised criminal gangs are increasingly using fraudulent accident claims to fund more serious criminal acts including drug trafficking and terrorism.

Insurance fraud often funds organised crime and terrorism

Ruth Needham, Partner

Keoghs has established an unrivalled reputation in dealing with fraud ring claims, where we have the only dedicated specialist unit in the market – supported by the largest fraud intelligence team in the insurance industry.

A robust and coordinated response
Our considerable counter-fraud intelligence capabilities and our working relationships within the insurance industry allows us to apply cross-industry strategies to resolve connected claims in an organised, coordinated and cost-effective fashion.

This approach offers our clients a number of benefits including:

Efficient and effective handling of fraud ring matters that produces sizable fraud savings. In our last financial year we saved £17.8million for our clients on resolved fraud ring matters.
The ability to pursue civil sanctions to punish and deter organised fraud. In 2010 we concluded Operation Orion, a first groundbreaking tort-of-deceit action in which our clients were awarded £300,000 from 56 members of a ‘crash for cash’ gang.
Liaison with the Insurance Fraud Bureau (IFB) and the Police to ensure that our civil case strategy is in keeping with any ongoing or planned criminal action.
Identifying where members of the insurance industry supply chain have been complicit in a fraud ring, and taking the appropriate corrective action.