Explore the various types of insurance fraud, including hard fraud, soft fraud, application fraud, premium fraud, and claims fraud by service providers, and understand their impact on the Canadian insurance industry.
Explore the key indicators of fraudulent activity in insurance claims, including claims, behavioral, and documentation red flags. Learn how technology and employee training can enhance fraud detection in the Canadian insurance industry.
Explore the legal ramifications of insurance fraud in Canada, including criminal offenses, civil consequences, regulatory actions, and the impact on personal and professional records.
Explore the comprehensive strategies and components of effective anti-fraud programs in the Canadian insurance industry, focusing on fraud detection, employee training, collaboration, public awareness, and continuous improvement.
Explore the crucial collaboration between the Canadian insurance industry and law enforcement agencies in combating insurance fraud through partnerships, information sharing, and joint training initiatives.