Aviva warns of increase in claims fraud during pandemic

Law360, London (June 2, 2021, 4:05 p.m. BST) – Insurance giant Aviva warned on Wednesday that organized scammers were capitalizing on the COVID-19 crisis, after its figures suggested an increase in fraudulent claims in 2020.

The proportion of claims associated with fraud in 2020 – at the height of the pandemic in the UK – rose 10% from the previous year, the company said when publishing its findings on fraud in the general insurance sector. Aviva said it discovered more than 12,000 fraudulent claims in 2020 and estimated it cost the industry more than £ 113million ($ 160million).

The proportion of fraud detected on automobile claims has increased by 20%, despite the blockages …

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About Nancy Owens

Nancy Owens

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