ABI Outlines Fraudulent Claims As One Of The Key Priorities For Car Insurance
- November 25, 2011
- Posted by: sajjad
- Category: Uncategorized
The Association of British Insurers (ABI) has revealed its priorities on car insurance and fraudulent claims are one of them.
The UK financial services trade association has outlined its five urgencies and young drivers’ safety coincides with tackling the rising costs of whiplash, compensation reform, fraud and uninsured driving.
Otto Thoresen, ABI’s Director General, said at the ABI Motor Conference: “As a nation of car users with some of the busiest roads in the world, insurers are committed to providing the best possible deal for motorists.
“One of the key ways to achieve this has to be improving the safety of our young drivers, who continue to make up a disproportionate number of road casualties. Five years ago we called for measures, such as a minimum learning period, to tackle this tragic waste of life, yet every day 18 young people die or are seriously injured on our roads.”
He also expressed the other significances for motor insurers and fake insurance claims. It is reported that on average every minute one person makes a whiplash claim.
Thoresen claims that Britain must seek better diagnosis of genuine claims and make it harder to make a fraudulent claim for neck injuries. He added: “The long overdue reforms to our dysfunctional compensation system will benefit genuine claimants, deter fraud and, crucially, reduce the excessive legal costs in paying out personal injury claims.”
ABI hope to fight against fraud with initiatives including a dedicated police insurance unit and an insurance fraud register.
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