Insurance fraud includes both making a fraudulent claim or a dishonest application. In and 2018, 2019, the value of fraudulent claims detected in the United Kingdom (UK) amounted to 1.2 billion British pounds, a small decrease on the previous year. Making a dishonest application made up the bulk of detected insurance fraud cases.
Value of insurance fraud detected in the United Kingdom (UK) from 2016 to 2019
(in billion GBP)
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Association of British Insurers, & Statista estimates. (September 7, 2020). Value of insurance fraud detected in the United Kingdom (UK) from 2016 to 2019 (in billion GBP) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/884920/value-of-insurance-fraud-united-kingdom/
Association of British Insurers, und Statista estimates. "Value of insurance fraud detected in the United Kingdom (UK) from 2016 to 2019 (in billion GBP)." Chart. September 7, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/884920/value-of-insurance-fraud-united-kingdom/
Association of British Insurers, Statista estimates. (2020). Value of insurance fraud detected in the United Kingdom (UK) from 2016 to 2019 (in billion GBP). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/884920/value-of-insurance-fraud-united-kingdom/
Association of British Insurers, and Statista estimates. "Value of Insurance Fraud Detected in The United Kingdom (Uk) from 2016 to 2019 (in Billion Gbp)." Statista, Statista Inc., 7 Sep 2020, https://www.statista.com/statistics/884920/value-of-insurance-fraud-united-kingdom/
Association of British Insurers & Statista estimates, Value of insurance fraud detected in the United Kingdom (UK) from 2016 to 2019 (in billion GBP) Statista, https://www.statista.com/statistics/884920/value-of-insurance-fraud-united-kingdom/ (last visited December 22, 2024)
Value of insurance fraud detected in the United Kingdom (UK) from 2016 to 2019 (in billion GBP) [Graph], Association of British Insurers, & Statista estimates, September 7, 2020. [Online]. Available: https://www.statista.com/statistics/884920/value-of-insurance-fraud-united-kingdom/
