Fraud risk in insurance is a complex matter, which affects both the parties — insurers as well as policyholders. Both qualitative and quantitative research was used to understand how public attitudes about fraud are formed and what factors influence them. Among the areas explored in the survey...

Life insurance fraud is posing a big challenge for the entire industry because the number of life insurance frauds are increasing. These increasing frauds are driving up the costs and premium for the companies. In order to curtail fraudulent activities in life insurance fraud it is very much...

Insurance fraud is one of the most serious problems threatening viability of insurance companies.Insurance frauds are driving up the overall costs of insurers and premiums for policyholders. It encompasses a wide range of illicit practices and illegal acts. Insurance companies have witnessed...