Thursday, October 30, 2014

No Win, No Fee Company Employees Arrested

Two No Win No Fee claims management company employees have been arrested on suspicion of impersonating insurance policyholders to fraudulently obtain information from an insurer about road traffic collisions. The action was taken after detectives from the City of London Police’s Insurance Fraud Enforcement Department (IFED) travelled to the company’s Bury call centre. The company’s call centre employees contact members of the public who have been in a road traffic collision to ask them if they want to make an insurance claim including for whiplash. IFED detectives began their investigation following a referral from the targeted insurer. A 51-year-old man from Bury and a 23-year-old man from Stockport were arrested on suspicion of fraud by false representation. DC Alex Cooley, who led the operation, said: “The action should serve as a warning to anyone thinking of fraudulently obtaining information for commercial, professional or personal gain. “Impersonating another person to extract information that you are not entitled to is a criminal offence and you should expect IFED detectives to come for you.” Detectives are also investigating how the employees knew about the collisions.

Friday, October 24, 2014

Adequate Home Insurance For Collections

Many of us have collections, stamps, artwork, wine, antiques Panini football stickers maybe, but does your home insurance give you adequate cover. Most policy's have limits for collections or valuables and some exclude cover for perishables and fragile goods, such as wine. If you have a collection we recommend you obtain a written valuation no more than 2 years old, you'll often be surprised how much it's worth. Then check your insurance policy or speak to your insurance broker to confirm you have adequate cover in place!!