UKFraud Calls For Pre-Emptive Data Management Collaboration To Combat Insurance Fraud and Money Laundering

Leading UK Fraud prevention consultancy and analyst UKFraud (www.ukfraud.co.uk) is calling on the insurance industry to accelerate activity in its management of fraud and fraudsters. In its latest research, UKFraud recognises that huge in-roads have been made into combatting insurance fraud in the UK, but believes that in these times of big data analytics and collaborative systems, that the insurance industry could do better. This, says UK Fraud, can be achieved by sharing fraudster and criminal information and through better collaborative data management.

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