Insurance Day
AI will make crash-for-cash scams more challenging for insurers
This new technology can be used to fabricate evidence and support scammers in authoring and submitting a fraudulent claim
UNDERSTANDABLY, when we talk about crash-for-cash fraud, the conversation often centres around financial loss. The grievous
figure of £576m ($780m) in claims in 2024 alone, as recorded by the Association of British Insurers, is just one eye-watering
example of the many we could reach for.