Law firms, investigators join Insurance Fraud Bureau

Ten more companies have joined the Insurance Fraud Bureau (IFB) as it opens up its membership to the insurance industry supply chain for the first time.

 

Insurance law firms BLM, DAC Beachcroft, DWF LLP, Hill Dickinson, Horwich Farrelly, Kennedys Law, and Keoghs are all now part of the IFB, along with investigative firms The Cotswold Group, CoventBridge Group and Robertson & Co.

 

 

The IFB has started accepting defendant solicitors, investigators, loss adjustors and third-party administrators as new members, following the launch of its affiliate membership model.

 

Affiliate members will have access to fraud intelligence alerts issued by the IFB and will contribute to the more than 150 cross-industry investigations currently managed by the bureau.

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IFB director Ben Fletcher said the affiliate members’ access to data “can only enrich the fight against fraud.”

 

“Launching an IFB affiliate membership model is a significant step forward for the insurance industry in establishing a truly holistic counter-fraud strategy,” Fletcher said.

 

“The data and intelligence held by affiliate firms… will support in closing the net on systematic fraud – more savings for the industry, more convictions and less opportunity for the fraudsters.”