Fraud indicators for escape of water insurance claims
-
Market Insight 02 August 2022 02 August 2022
-
UK & Europe
-
Insurance & Reinsurance
£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.
End
