Insurance

Fraud bureau not right strategy for personal risk market

Tuesday 3rd of September 2019

The Insurance Council this week launched an Insurance Fraud Bureau, through which insurers will work together to push anti-fraud messages, receive allegations of fraud and analyse data. 

They said fraud was adding about 10% to New Zealand’s general insurance premiums and was too widely accepted by the public as a way to "get what they were owed" by the insurer.

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