Forum Discussion
Shyam_Bhatt
Quantexa Team
2 years agoGood points - I think the key term in the ABI stats is "detected" claims. When we speak to the insurers in the market, there is a concern especially relating to fraudsters utilising new technologies or chancing their arm because of economic hardship - the numbers don't imply that and therefore we should not be seeing these statistics as complete validation that fraud is reducing when there may be more factors in play.