Aviva says fraudsters are increasingly using AI-generated evidence to support fake or exaggerated insurance claims, particularly in motor insurance. The insurer says it detected more than 18,400 fraudulent claims during 2025, worth an estimated £233 million if paid out. According to Aviva, fraudsters are using altered accident photos, fabricated documents, […]
Posted in News Also tagged AI, Fraud, SecurityCyber insurance has grown into a multi-billion-dollar global market, yet when a serious breach occurs, the real story often lies in the small print, the exclusions, and the security controls that should have been in place long before the policy was signed. Once Just An Add-On Cyber insurance was once […]
Posted in News Also tagged CyberInsurers on both sides of the Atlantic are warning that artificial intelligence may now be too unpredictable to insure, raising concerns about the financial fallout if widely used models fail at scale. Anxiety As recently reported in the Financial Times, it seems that anxiety across the insurance sector has grown […]
Posted in News Also tagged AI