’As we grapple with the aftermath of successive weather-related events, the risk of fraudulent claims looms large,’ says head of investigationBrokers and insurers should guard against the heightened risk of fraud following a slew of recent weather-related events in the UK and Ireland, McLarens has warned. The loss adjuster told insurance claims professionals to be vigilant as fraudsters look to take advantage of recent surge events. ”Severe weather events such as Storm Ciaran tend to result in numerous legitimate insurance claims for property damage. ”Opportunistic fraudsters may target dilapidated buildings affected by genuine weather events,” he explained. Gillooly added: “As severe weather events continue to impact various regions, it’s crucial to maintain a robust and detailed investigation process.

Source: The Times November 04, 2023 02:07 UTC