Fraud

Marked increase in fraudulent noise-induced hearing loss claims

Allianz UK has warned that its fraud teams are seeing a marked increase in fraudulent noise-induced hearing loss and fake or cloned businesses claims coming through in the first half of 2024. The claims teams at Allianz UK have achieved a saving of £37.7 million in detecting fraudulent claims within the first half of 2024 with a significant portion of fraud savings coming from casualty fraud – with major loss fraud contributing heavily.