Zurich said it is continuing to adapt and invest in technology to stay ‘one step ahead of fraudsters’.
An insurer’s fraud prevention team uncovered nearly 260,000-worth of bogus claims every day typically last year – with fake stories involving “slips and trips” being the most common.
In total, Zurich UK detected 94.79 million-worth of fraudulent claims taking place from January to December 2024.
Nearly two-thirds (65%) of fraudulent claims were for casualty incidents, totalling 1,996 claims worth 61.14 million.