Industry Experts Share Views on Future Fraud - 04/10/2007
 A unique report predicting future developments and challenges within insurance fraud has been published by law firm Keoghs.
Compiling the views of eight leading experts across the UK and America, Fraud Futures highlights the likely evolution of insurance fraud over the next ten years, including the potential impact of data sharing, psychological profiling and the Insurance Fraud Bureau.
Contributors to the report include Peter Upton, Chairman of the Insurance Fraud Investigation Group, Dennis Jay, Executive Director at the Coalition Against Insurance Fraud and Jim Gee, Director of Fraud Services at KPMG.
Scott Clayton, Fraud and Investigations Manager at Zurich, and Ursula Coulibaly, Head of Counter Fraud with LV=, also took part in the survey.
John Whittle, Chief Executive at Keoghs, said: “Fraud Futures has been designed to discuss the evolution of insurance fraud and take an informed look at what may emerge to challenge the industry over the next ten years.
“The result is that Fraud Futures gives a fascinating snapshot of industry views which offers food for thought about how the battle against insurance fraud will be waged from 2007 onwards.”
Established in 1997, Keoghs’ insurance fraud unit last year handled thousands of suspect claims for 35 general insurers. The firm has doubled the size of its fraud unit in the last 18 months, taking total headcount to 130.
Keoghs’ Intelligence Services (KIS) was launched earlier this year. Delivering a range of intelligence services, KIS augments insurers’ own systems and improves the detection and validation of fraud.
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