Motoring

Anti fraud measures lead to huge drop in claims in Louth

Claims involving uninsured or untraced vehicles

Donard McCabe

Reporter:

Donard McCabe

Anti fraud measures lead to huge drop in claims in Louth

Anti fraud measures lead to huge drop in claims in Louth

The first seven months of 2018 has seen a 40% drop in the number of insurance claims involving uninsured or untraced vehicles in County Louth.

This is according to figures released by the Motor Insurers’ Bureau of Ireland (MIBI) yesterday.

The MIBI is a non-profit organisation established to provide compensation to victims of accidents involving uninsured or untraced vehicles. 

In the first seven months of 2018, 52 claims were made in Louth involving uninsured or untraced vehicles. This is down from 86 in the first seven months of 2017, representing a 40% drop. 

The MIBI put this reduction down to a comprehensive plan put in place in 2017, to make it as difficult as possible for fraudulent claims to succeed. 

This included, the MIBI say, measures to put the full weight of the MIBI’s internal and external resources behind investigating suspicious claims, working hand in hand with the Gardaí to look into these cases as well as legally contesting such claims and bringing them to trial to be scrutinised by the full power of the courts. 

Speaking about the figures, Chief Executive of the MIBI, David Fitzgerald said:

“It is positive to see that the number of claims is starting to reduce. Admittedly these figures represent only a snapshot in time and some of the county by county numbers are too small to draw any significant conclusions from. 

"However, considering these statistics cover over half a year’s worth of data, they are a useful barometer of the general MIBI claims’ environment and this shows a noteworthy drop in the total number of claims."

He continued:

"Fraudsters are starting to get the message that if they want to make a fictional claim to the MIBI then they will have to be prepared to have that claim put through microscopic examination. 

"They will be thoroughly investigated by the MIBI working in co-operation with the Gardaí and if the evidence still doesn’t add up, they will be brought before the courts. 

"The days of easy settlements for nonsense claims are definitely over."