Who should do Level 4 Fraud and Claim program cost?
This course is designed for professionals in the insurance industry who are looking to enhance their knowledge and skills in fraud detection and claims management. Whether you are a claims adjuster, fraud investigator, or risk manager, this program will provide you with the tools and techniques needed to effectively combat fraud and reduce claim costs.
Statistics |
UK Market Figures |
Insurance fraud costs the UK industry an estimated £1.3 billion annually. |
£1.3 billion |
The average fraudulent claim in the UK is £12,000. |
£12,000 |
Only 1 in 10 fraudulent claims are detected by insurers. |
10% |
By enrolling in this course, you will learn how to identify red flags, conduct thorough investigations, and implement strategies to prevent and detect fraudulent activity. With the rising costs of fraud in the UK insurance industry, it is essential for professionals to stay ahead of the curve and protect their organizations from financial losses.