Premier Insurance Company Limited (PICL) is the latest insurer member to join the Insurance Fraud Bureau (IFB).
The IFB’s membership base has been increasing rapidly in 2018, with Carpenters and Morris Orman Hearle joining as affiliate members earlier this year, and BGL Group becoming a broker member.
PICL specialises in motor insurance. Its membership will provide essential insight and data to the bureau as it continues to work with the industry to detect and deter organised insurance fraud.
Welcoming PICL into the fold, Ben Fletcher, director at the IFB, commented: “[The] IFB prides itself on its varied and extensive membership, with collaboration being key to its success. Our increasing membership demonstrates that the industry is serious about tackling fraud and we look forward to working with Premier Insurance as we continue our journey.”
Paul Gray, chief executive officer of PICL, said: “Fraud within the insurance industry affects all of us and it’s our duty to both detect and prevent it. PICL is determined to do all it can to tackle fraud and joining the IFB is another vital step in achieving this goal. We very much look forward to working with the IFB over the coming years.”