Cyber & Fraud
Emerging cyber risk offers challenges and new opportunities to brokers and insurers struggling to keep up with the pace and frequency of attacks and finding solutions for clients. On the fraud side, staged accidents and loosely-regulated medical assessment companies have plagued the auto insurance sector in Ontario with millions of dollars in fraudulent claims in recent years.
By James McAuley and Rebecca Street on May 25, 2009
“Insurance fraud” is a term broadly used for illicit activity
related to either buying or selling insurance. It comes …