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FTUSA: towards the establishment of an agency against insurance fraud

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Magazine Issue: 
Insurers, up against web giants [3]
Magazine date: 
Apr 2021

FTUSAThe Tunisian Federation of Insurance Companies (FTUSA) is working on a project to create an agency to fight against insurance fraud [4].

The new structure will provide legal and technical mechanisms to identify and prosecute fraudsters.

It is estimated that fraud costs represent 5 to 10% of the total amount of compensation. The motor insurance, which accounts for 43% of the market's total turnover, is the class of business most affected by fraud.

Mon, 26/04/2021 - 09:10

Source URL: https://www.atlas-mag.net/en/article/ftusa-towards-the-establishment-of-an-agency-against-insurance-fraud

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[3] https://www.atlas-mag.net/en/issue/insurers-facing-the-giants-of-the-net
[4] https://www.atlas-mag.net/en/article/insurance-fraud-detection-and-cost-to-industry