![]() |
The AA's insurance director, Simon Douglas, has warmly welcomed the formation of a dedicated 35-strong insurance fraud unit by the City of London Police (announced today, 12 July). "We supported this proposal when it was announced late last year. Fraud costs around ?16 million per week* so we think the ?9m cost to establish the unit, which is being funded by the insurance industry, is a small sum to pay and it should very quickly demonstrate that this is a sound investment. "While we think it will initially concentrate on the most significant insurance fraud cases, of equal importance is the impact it will have on people's appetite to commit insurance fraud in the future." Simon Douglas points out that according to the AA's British Insurance Premium Index, fraud has put car insurance premiums under severe pressure, rising by an average of 40 per cent to the year ending 31st March. "Insurance fraud is not a victimless crime," he adds. "It doesn't just affect the industry; it affects consumers too who have to pay for the consequences. "It's vital that the unit is up and running and working effectively with the Insurance Fraud Bureau and the insurance industry as quickly as possible. Only then well we start to see a real impact on insurance premiums." |
|
|
|
Actuarial Manager - Life Consultancy | ||
Various locations - Negotiable |
Specialty Pricing Expert - Cyber | ||
London, 4dpw in the office - Negotiable |
Lead Personal Lines Analyst | ||
London / South Coast / hybrid - Negotiable |
Strategic Pricing | ||
London / Hybrid - Negotiable |
Senior Pricing Analyst - Personal Lines | ||
South Coast / hybrid - Negotiable |
Business Development in Investment | ||
London / hybrid (3 dpw office-based) - Negotiable |
Financial Lines Pricing Manager | ||
London / hybrid - Negotiable |
Commercial Lines Pricing | ||
London / South Coast - Negotiable |
Head of Portfolio Management | ||
London - £200,000 Per Annum |
Investment Actuary – Manager Level | ||
Flex / hybrid - Negotiable |
Head of Actuarial Reporting (Life) | ||
South East / hybrid 3dpw office-based - Negotiable |
CONTRACT: London Market Capital Actuary | ||
London/hybrid 2-3dpw office-based - Negotiable |
Portfolio Manager | ||
Hybrid - Negotiable |
Pricing Assurance Manager | ||
London - £145,000 Per Annum |
Actuarial Director with BD and CatMod... | ||
London/hybrid 2-3dpw office-based - Negotiable |
Pensions data expert: buy-out/residua... | ||
Any UK Office location / Hybrid 2dpw office-based - Negotiable |
Senior Portfolio Manager | ||
London - £150,000 Per Annum |
Senior Pensions Trustee Actuarial Con... | ||
London / hybrid 3 dpw office-based - Negotiable |
Shape the future of the pensions in... | ||
UK Flex / hybrid 2dpw office-based - Negotiable |
Challenge the pensions industry! | ||
UK Flex / hybrid 2dpw office-based - Negotiable |
Be the first to contribute to our definitive actuarial reference forum. Built by actuaries for actuaries.