“Another record year for fraud success,” is how Allianz Insurance Plc described 2019 as it revealed just how much it was able to save, thanks to fraud detection.
From £64.75 million in 2018, the British operations of Allianz Group recorded an improved total saving of £65.2 million in the past year. Of this amount, more than £2 million came from a single claim – a commercial property flood claim which was found to include fabricated circumstances and misrepresentation of the business.
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