The Insurance Fraud Bureau is to combine its counter-fraud databases into a single platform which it says will enable members to make faster and more informed decisions on suspected fraud cases.

Set to launch in 2026, the single solution has been developed in partnership with Shift Technology and will see insurers’ transactional, suspected and confirmed fraud datasets alongside all fraud investigation case management, integrate into one platform. The IFB says the solution will enhance fraud-detection abilities and make counter-fraud processes and investigations more frictionless and effective for the wider industry.

Ursula Jallow, director at IFB, said: “By integrating our systems into a unified platform, we can enhance the industry’s ability to detect, investigate and prevent fraud more quickly and effectively, ensuring a safer insurance landscape and cost efficiencies for our members. The proactive approach to technology and data not only protects our members but also strengthens the wider market, especially as we look to expand our membership, products and services.

“I’m excited to see the positive impact our innovative solution will bring to the industry, enabled through our trusted partnership with Shift Technology, supporting our members to stay one step ahead in the fight against fraud.”

The new single solution will unite the functions of IFB Exploration, which analyses insurers’ transactional datasets, the Insurance Fraud Intelligence Hub, which flags suspected fraud, and the Insurance Fraud Register, which is a central record of confirmed insurance fraud.

The IFB says that the new single solution will also deploy artificial intelligence, which will help the industry to build even more accurate fraud networks across multiple product lines, cut waste out of processes and detect more fraud for IFB members. It adds that this will improve the quality of intelligence shared with insurers, industry watchdogs and the police to help prevent and disrupt organised insurance scams.

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