Policy paper

Insurance Fraud Taskforce final report

In this report the taskforce maps the problem of insurance fraud, looks at what has been done to tackle it and makes a range of recommendations.

• From: HM Treasury and Harriett Baldwin MP
• Published: 18 January 2016
• Last updated: 21 January 2016 — See all updates

This was published under the 2015 to 2016 Cameron Conservative government

Documents

Insurance Fraud Taskforce final report

PDF, 1.5 MB, 92 pages

Details

This final report represents the culmination of the taskforce’s year-long review into insurance fraud.

In it, the taskforce explores relevant issues including the scale and impact, regulators and legal frameworks and what has already been done to tackle fraud, before making a range of targeted recommendations.

The recommendations aim to tackle fraudulent activity ranging from organised or premeditated crime to opportunistic fraud, with the overall objective of ultimately reducing costs for consumers.

The recommendations aim to improve consumer trust in the insurance sector and raise the public profile of insurance fraud as a criminal activity; encourage greater use of data sharing and collaboration between the insurance sector and regulatory bodies to better prevent organised insurance fraud; and reflect and support the government’s intentions to clamp down on unnecessary whiplash claims, which are a major source of fraud, and strengthen regulation of claims management companies.

See here for all documents related to the Insurance Fraud Taskforce

Published 18 January 2016
Last updated 21 January 2016 + show all updates

1. 21 January 2016

   Updated to add signatures to the PDF foreword

2. 18 January 2016

   First published.