The UK insurance industry experienced a 9% increase in suspected digital fraud attempt rates between 2019 and 2022 — the highest of all the sectors our global device intelligence network reports on.

With 78% of consumers ranking the security of their personal data as “very important”, our insurance industry guide Optimising Performance in the Insurance Industry: Countering Fraud and Financial Crime Threats in 2023, provides insights and recommendations to help insurers reduce fraud risk and improve overall customer experience (CX) through cutting-edge, multilayered fraud and identity solutions.

Download the full guide to access our proprietary insights, including:

• Strategies insurers can use to reduce fraud, improve CX, and win out over competitors
• Regulatory change, including those from the FCA’s Consumer Duty
• Practical steps insurers can take to mitigate growing fraud risks, including:
  • Application fraud
  • Ghost broking
  • Fraudulent claims