IFB opens up membership
The Insurance Fraud Bureau (IFB) has, for the first time, opened up its membership to the insurance industry supply chain, including defendant solicitors, investigators, loss adjustors and third-party administrators.
Following the launch of the IFB’s ‘Affiliate Model’, 10 new members have joined the insurance industry’s collaborative fight against fraud, including BLM, The Cotswold Group, CoventBridge Group, DAC Beachcroft, DWF LLP, Hill Dickinson, Horwich Farrelly, Kennedys Law, Keoghs and Robertson & Co.
Affiliate members will have access to fraud intelligence alerts issued by the IFB and will contribute to the 150 plus cross-industry investigations currently managed by the Bureau.
Ben Fletcher, director of the IFB, said, ‘Launching an IFB affiliate membership model is a significant step forward for the insurance industry in establishing a truly holistic counter-fraud strategy. The insurance industry has always benefitted from a proactive and experienced supply chain of defendant lawyers, investigators, loss adjustors and third-party administrators, whose access to data can only enrich the fight against fraud.
‘The data and intelligence held by affiliate firms, combined with their expertise and experience will support in closing the net on systematic fraud – more savings for the industry, more convictions and less opportunity for the fraudsters.’