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Evening Standard
Evening Standard
National
Vicky Shaw

More than £1.1bn of fraudulent general insurance claims detected in 2024 – ABI

Insurance fraud drives up premiums generally and causes ‘grave’ emotional distress, the Association of British Insurers said (Dominic Lipinski/PA Archive) - (PA Archive)

Some £1.16 billion worth of fraudulent general insurance claims were identified in 2024 – a 2% increase on the £1.14 billion detected the previous year – according to the Association of British Insurers (ABI).

Insurers uncovered over 98,400 fraud-related claims in 2024, a 12% rise from 88,100 in 2023, according to the ABI’s figures.

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