It appears that fraudsters do indeed learn the error of their ways as they get older according to evidence from VFM Services. Continue reading
Tag Archives: fraud prevention
The UK’s Leading Insurance Counter Fraud Specialist Launches in Canada
VFM Services, the UK’s leading desktop counter fraud specialist is delighted to announce the launch of its highly successful conversation management solution in Canada. Continue reading
VFM Services warns insurers of fraudulent claims ahead of the festive season
VFM Services, the pioneers of conversation management, warns insurers to be vigilant over the next couple of months, as fraudulent claims are expected to rise significantly over the festive season. Continue reading
One in Six Women admits to Wardrobing
1 in 6 women admit to ‘wardrobing’ and 1 in 10 admit to committing the offense regularly, according to latest research. Continue reading
VFM Fraud Index reveals exaggeration biggest volume of claims investigated • Fraudulent claims for TVs predicted to rise in 2014
Policyholders that fraudulently ‘add’ items onto a genuine household claim formed the biggest volume of claims investigated in the first half of 2013, according to VFM Services. Continue reading
VFM Services launches new mortgage counter fraud training
VFM Services, the desktop counter fraud services provider, has announced the launch of training courses aimed at lenders and intermediaries to counter mortgage fraud. Continue reading
Four in ten travel insurance claims not settled due to suspected fraud
VFM Services, the desktop counter fraud services provider, has revealed the level of travel fraud is rising at an alarming rate, with over four in ten (45%) claims investigated uncovered as being fraudulent. Continue reading
VFM Services launches new broker point of application counter fraud training
VFM Services, the desktop counter fraud services provider, has announced the launch of a training course aimed at intermediaries to counter application fraud. Continue reading
Profile of a household insurance fraudster revealed
An in-depth report into the household insurance fraud market has revealed that the typical household fraudster is likely to be aged 31-50, a first time claimant and is most likely to submit a claim for under £500 for accidental damage to a computer, TV or mobile phone. Continue reading
VFM Services warns of fraudulent claims ahead of the festive season
VFM Services, the pioneers of conversation management, warns insurers to be vigilant over the next couple of months, as fraudulent claims are expected to rise significantly over the festive season. Continue reading