Sunday September 20, 2020

FBD reports nine alleged fraud cases to gardaí

Number of cases would be higher but some fraudulent claims were withdrawn when challenged, says insurance company

Ian Guider

Markets Editor

@ianguider
1st March, 2020
FBD profits more than doubled in 2019 to €112 million

FBD trebled the number of suspected cases of insurance fraud it reported to the gardaí last year.

The company reported nine cases of alleged insurance fraud as it began a crackdown on bogus and exaggerated claims, according to its chief executive Fiona Muldoon. She said the figure would be higher, but many of those attempting to lodge fraudulent claims withdrew them when challenged by the insurer.

Muldoon said the company had improved its monitoring...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Achill Island Sea Salt produces three different types of hand-harvested salt sourced from the Atlantic

Elaine O'Regan | 15 hours ago

Who’s changing career in corporate Ireland this week

Elaine O'Regan | 15 hours ago

Online booking platform Meetingsbooker.com has shifted its focus to facilitating safe face-to-face meet-ups for the newly scattered workforce

Elaine O'Regan | 15 hours ago