Pockets of Insurance Frauds in India

Almost every month, fraudsters have been popping up in small towns across the country to carry out organised attacks on life companies. They come in all hues:...

Insurance Fraud Research 2009

The insurance sector seems to be the most vulnerable to frauds as companies are losing a whopping over Rs 15,000 crore (Rs 150 billion) every year due...

India loses $6.25 Billion to Insurance Frauds – an Indiaforensic Research

Indiaforensic has come up with an exclusive research focusing the Insurance Sector in India. This research has brought forward the quantum of losses in Insurance Sector, thus...

Insurance Fraud Research covered widely

Indian insurance companies have borne a loss of over Rs 30,000 crore in 2011 due to different kinds of frauds, a study has claimed. It cited collusion between...

Service tax fraud by Insurance Companies worth Rs. 3000 Crores

Service Tax Fraud When a customer walks into a car showroom, he usually has no particular preference regarding the company to insure his car with. The dealer often...

Investigation starts in alleged ICICI Lombard fraud

Central Bureau of Investigation (CBI) on Wednesday registered a preliminary enquiry (PE) against ICICI Lombard General Insurance Ltd for allegedly colluding with officials of Rajasthan government and...

Insurance research Gets wide media attention !

The Insurance research of Indiaforensic received nation-wide attention from media. Many newspapers covered the research with various headings. We are making the copy of this research available for...

Insurance Frauds Conclave ‘2009

  First dedicated conference on Insurance frauds was concluded in the "Grand Hyatt" on 30th October'2009. This conference gathered a decent response from across the sector. Participants from...

Getting deeper into Insurance frauds

“In one case in Andhra, where husband had killed his wife for insurance money, we persisted for 3 years and, finally, after writing to DGP, a young...

Investigation in Maharashtra Insurance Fraud Scheme

The state agriculture department is investigating all agriculture insurance fraud claims made by farmers for the Khareep and Rabbi seasons after it came to light that in...