UK’s ABI Launches Insurance Fraud Database

The Association of British Insurers has underlined its members’ determination to actively pursue the fraudsters and cheaters who cost the UK’s insurers £2 billion [$3.22 billion] a year in fraudulent claims, which add an “extra £44 [$70.90] a year to the insurance bill for every UK policyholder.” It has funded and launched a national Insurance Fraud Register, which it described as an “industry-owned database enabling insurers to share information on known cheats.