Chapter 6 Flashcards
1
Q
Which organisation runs a confidential Cheatline where people can report suspected insurance frauds?
A
Insurance Fraud Bureau (IFB)
2
Q
Which databases does the IFB analyse?
A
- Claims and Underwriting Exchange
- Motor Insurance Anti Fraud and Theft Register
- Motor Insurance Database
3
Q
What is a non-profit making organisation created to tackle the growing problem of Insurance Fraud in the UK?
A
IFIG, which stands for the Insurance Fraud Investigators Group.
4
Q
Where does a repairer typically make its profit from?
A
Parts, in particular, paint
5
Q
What are some examples of costs met by the policyholder collecting their vehicle from a repairer?
A
- Any excess shown on the policy
- ## Any private work carried out at the same time as repair
6
Q
A