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What makes people susceptible to insurance fraud and what are the repercussions?

12 April 2024 | General

Economic hardships often push individuals toward desperate measures. In tough times, fraudulent behaviour becomes even more tempting. Falsifying death certificates for funeral policy claims or withholding crucial health information during application processes are just some examples of this deceit.

Your hot date may be a hotline to becoming a scam victim

13 February 2024 | General

Technology has disrupted many aspects of traditional life. When you are sitting at dinner and seeing a couple going out on a "first date", consider that this may be their first in-person date and that they have been interacting (dating) online for months.

RAF applauds the sentencing of three fraudsters for attempting to steal R31 million from the fund

12 February 2024 | General

A family consisting of a mother and daughter, and the daughter’s husband have received jail sentences for fraudulently attempting to claim R31m from the Road Accident Fund (RAF). The trio submitted 537 fraudulent claims from 40 road accidents.

RAF disappointed by fine for fraud conviction

08 February 2024 | General

The Road Accident Fund (RAF) is disappointed with the R60 000 fine given to an East London man found guilty of submitting a fraudulent RAF claim worth R5 million. The Fund is concerned that the lenient sentence sends the wrong message to would-be fraudsters.

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COFI is coming, bringing a wave of change for financial planners. Which one of the following disruptors will have the biggest impact on your business?

Answer

Adviser categorisation Omni CBR Remuneration models We are ready for all of it

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