Fraud Rings

Fraudulent claims are not just attempted by opportunisitic policyholders.  A more worrying trend is the increase in organised insurance fraud over the last few years.

There are many highly organised criminal gangs operating across the UK that use fraudulent accidents to claim significant amounts of money – which can reach millions of pounds.  This is then put to use for more sinister purposes including drug trafficking, money laundering and funding of terrorism.

Keoghs has a dedicated team of specialist fraud lawyers dealing exclusively with claims that are suspected of forming part of larger, organised fraud rings - the only team of its type currently operating in the industry.  These fraud rings generally involve a number of insurers, and our fraud ring process has therefore been tailored specifically to manage this coordination of multiple claimants and multiple insurers.

Our fraud ring process is designed to enable fraud rings to be dealt with swiftly and efficiently, to make the maximum savings on all files.  We regularly liaise with the Insurance Fraud Bureau, the Insurance Fraud Investigators Group and the police, particularly the City of London lead force, to ensure that the industry is aware of the latest scams that we are handling and that fraudsters are brought to justice.

Our Intelligence Services team greatly contributes towards the success of the fraud ring team, with its vast database that provides links between claims which may otherwise have gone unseen. 

The fraud ring team has helped to generate enormous savings for insurers, as well as providing significant evidence needed to bring these organised criminals to justice.



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