Fraud indicators for escape of water insurance claims
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Market Insight 02 August 2022 02 August 2022
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UK & Europe
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Insurance
£2.5million. Every day. That’s the value being paid out by insurers for escape of water claims according to the Association of British Insurers. And with a 50% increase in the cost of escape of water claims between 2015 and 2018, it’s never been more important to be able to spot a fraudulent claim.
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