Allianz 2023 claims fraud savings hit £77.4m
Reporting on its 2023 fraud results, Allianz Commercial detected £77.4m worth of claims fraud in 2023 - up from £70.7m in 2022 - with application fraud savings of £1.95m. The current cost-of-living crisis is having a continued impact on businesses with the financial struggle leading to an increased insurance fraud threat.