As part of the board, Parr will be involved in strategy direction and delivery as well as working with the UK government on a fraud charter, which integrates insurance fraud into the larger economic crime plan.
AXA said his appointment to the IFB board is testament to its own “commitment to fighting fraudulent activity, investigating suspicious claims, and taking fraudulent claimants to court when necessary”.
Commenting on his appointment, Parr said: “I am delighted to have been appointed to the board of the IFB. Industry collaboration is essential to fighting insurance fraud and I am looking forward to working together with the bureau and my peers to continue driving our mission to protect customers from fraudulent activity every day.”
IFB director Ben Fletcher added: “I’m very pleased to welcome Karl as a director on our board, who comes with over 35 years’ working at the forefront of the insurance sector.”
“As the nature of fraud rapidly evolves so too are our plans, including industry-wide consultation on IFB services, the unveiling of new counter-fraud technology and crucial engagement with government on its Economic Crime plan.”
“Karl’s expertise will prove invaluable in helping to shape these ambitious projects and our strategic direction, which will undoubtedly enhance the industry’s collective fight against fraud.”