The Government has announced a new insurance fraud charter in a bid to create a more unified industry approach to combating crime in the market. It has the backing of the Association of British Insurers, British Insurance Brokers’ Association, London & International Insurance Brokers’ Association, Lloyd’s of London, Lloyd’s Market Association and the International Underwriting Association.

Lord David Hanson, Minister of State at the Home Office with responsibility for fraud said: “Fraud is an appalling crime, and we are determined to crackdown on these callous criminals.

“Not only do honest customers face higher insurance premiums but these fraudsters do not care if people are harmed in the pursuit of profit.

“This charter is an important step, and we will continue to work with industry and law enforcement to better protect the public from fraud.

Hannah Gurga (puctured), director general at the ABI, added: “Insurance fraud remains an ongoing threat that corrodes trust in society and undermines our economic prosperity… We’re delighted to have agreed the Insurance Sector Fraud Charter with the Home Office, boosting the industry’s resilience and ability to fight fraud.

“We look forward to continuing to work with the Home Office and other industry signatories to implement the charter commitments.”