Fraudulent insurance claims tumbled by nearly a fifth to the lowest level since 2005 last year but the value of the average scam surged to a record £15,000 as fraudsters are increasingly “aiming big”, according to a report.
The Association of British Insurers (ABI) revealed that the number of fraudulent claims detected dropped by 19% to 72,600 last year – the lowest since 2005 – in a sign that the crackdown on insurance cheats may be paying off.
